Revenue streams for musicians are drastically changing. No longer do musicians make the bulk of their income from selling their music. While live shows, streaming, and merchandise sales help offset lost profits, musicians are being forced to be more and more creative when it comes to how they make money. Music licensing has always been a solid way for bands and musicians to make money, and with sites like Taxi.com or Songtradr it’s never been easier to connect musicians to people looking to licence music. Here are some of the most common types of music licensing: 1. TV shows TV shows always need tons of music.
Many productions partner with a music licensing company that will look through their own catalogue of music and send songs that they think will go well with certain scenes. Music licensing companies are looking for music that is emotionally engaging and consistent across its mood, tone, lyrical themes, and production. The songs should paint a picture for the listener. While most music licensing companies will help you negotiate a fee per song, online services will often just take a flat percentage of whatever the company pays you . . . . Read More