In the previous episode Releases or Wheel of Hamsters, I explained to you that some artists are trapped in an infinite cycle of releasing songs every two months without being able to penetrate deeply with any song. Before that in the Fans Vs Zombies episode, I showed you the practices of artists who understood this and instead of looking for more followers all the time, they diversify products in their niche to monetize and deepen their art making it memorable.
#Episode 7
However, not everything is bad, the era of composers and artists with a capital letter has arrived. As long as the frequent release system lasts, the thousands of singers born every day need songs. Many have song ideas, others just write lyrics, and some are just performers with stage passions. There is a great opportunity for teams of artists who are willing to meet that market demand.
First I introduce you to RocketSongs. It is a platform where an interpreter who does not compose or produce his songs can enter, choose the genre he sings, the tempo, a reference of his style according to market artists and voalá. The platform shows you songs available to buy. If you find the theme that you like, for a value between 500 and 700 dollars you receive the complete session of the song to record your voice, add or remove instruments or sections according to your taste. Additionally, you pay a value of $ 150 dollars a year to have the license and be able to monetize for a year everywhere.
It is a win / win. The artist puts out so many songs a year that a license for 1 or even 3 years is more than enough and in total he pays a maximum of a thousand dollars. On the other hand, songwriters produce many songs and sell them on a single buy / sell portal without having to do too much social marketing to place their compositions.
This is not a boys' venture, big-name record labels like Nashville-based Real Life Music, writers and songwriters like Michael Jay who are Grammy winners and have sold over 50,000 songs around the world, upload their tracks here.
Competition is generated based on reputation because an interpreter must choose who to buy his song from and for obvious reasons he prefers to buy it from a successful record label than from an unknown composer. For this reason, the market here becomes interesting for composers, lyricists and musicians. They create their name through the success of those who make your songs sound and at the end of their license time, the owner of the song will be able to continue monetizing it.
IP Boom Networks
Audio platforms and networks in general are based on third-party content and this has caused an intellectual property revolution. Today everything is recorded and in the metadata almost all content becomes a traceable label. That's why the million-dollar catalog purchases from Facebook or Tik Tok to record labels. The current fight is for the payment per reproduction to be higher and because reproductions are not escaped in limbo, but that everything reaches the author's coffers. But being at this point indicates a rise in the long-term income curve and is a good time to enter.