Do you have a catalog of great songs? And you want to make money from them? You of course do! That’s why we asked Jack Hanson for their tips on how to get paid as a songwriter and how to maximize the value of songs you’ve (or haven’t) written throughout your musical career.
Almost everything in music these days stems from a written song. Many careers begin as singer/songwriters. Whatever the case may be, in today’s fragmented landscape, it’s useful to know what you can do with great songs, or what you can do with a great song written by someone else.
The sync licensing industry is thriving these days. “Syncing” your songs allow them to be used in TV, film, and advertising projects. You can find these opportunities by looking for them on your own or by joining a music library. When they are used, you are compensated. Find out more about joining music libraries and getting your music into TV and film by exploring various music pages.
Deals in publishing
There are numerous routes to this location. Submitting songs to labels and publishing houses, usually through lawyers or managers, or making a name for yourself through self-publishing/self-promotion. Once signed, you may be able to receive a monthly advance against future royalties as well as assistance in promoting your songs. You may have to give up a portion of your royalties, but it may be worthwhile.
Artists all over the world are looking for well-written songs. You can post your songs on a few marketplaces for others to record- Jack Hanson. When you license, you generally see revenue but keep in mind that many don’t allow you to retain ownership. This is possible in the best music industry where a digital marketplace allows songwriters to earn money by exposing their quality songs to a global market of musicians.
Record and disseminate
Everyone is aware of this one, so we’ll just list the various types of royalties you’re entitled to if you go this route: mechanical, publishing, streaming, performance, and possibly even digital print royalties. Remember that many music companies allow you to start releasing music on Spotify, iTunes, and other platforms.