I’ve been having a blast lately connecting with and interviewing so many different people working in different facets of the licensing business for my podcast, Music, Money And Life. It’s one thing to be able to give you my own anecdotal stories and experiences about licensing my own music. But it’s a whole other thing to be able to bring together and interview dozens of people working successfully in different facets of the licensing industry. I feel like I’m able to provide a much broader perspective by bringing so many different people into the conversation.
[By the way, speaking of my podcast, thanks to everyone who has been leaving me positive feedback. Thanks to you, I made it onto the charts as one of the highest rated podcasts in the music category yesterday! I really appreciate everyone who took the time to leave a review.] By interviewing supervisors, publishers and songwriters all working full time in the business, I’ve been able to get a real “bird’s eye” view of how the business works. The big picture, if you will, of the music licensing industry. The life of a musician can be lonely at times, and one of my main goals with my podcast is to bring as many different people as possible working in the business on to share their stories, so that you can learn from a really wide range of people that work in the industry. So that you’ll get a better perspective on your own journey and hopefully feel a little less isolated and alone. One of the best ways to learn, is to hear directly from people who are doing what it you want to do. I have some really great guests lined up for future episodes, so be sure to subscribe to my podcast if you haven’t already here: In today’s post I thought I’d break down 7 key takeaways that I’ve gotten from the last few months of doing my podcast on a weekly basis and networking with a variety of people in the business. These are 7 points that pretty much everyone I’ve interviewed and spoken with has been in agreement on. 1) You can make a full time living, but it’s takes a lot of time and effort – One of the questions I’ve been asking everyone I interview is about the viability of turning music licensing into a career. Is it possible? Feasible? Is it practical to try to make music licensing a full time career? Everyone I’ve spoken with has said more or less the same thing. Yes it’s possible, but it’s going to take a lot of time and effort to get to that point. Music licensing, most of the people I speak with say, should be approached more like a long term investment. Sort of like a 401k plan for musicians. It’s something that you need to build up over time. You need to approach music licensing like you would investing in the stock market. In other words, think long term and diversify. Write a lot of different songs. Place them in different libraries and with different publishers. Go direct to supervisors if you can. You might get lucky and land a huge placement right away. It could happen. But don’t necessarily count on that happening. Keep writing and pitching and over time the money you make will grow. 2) It’s better to write from the heart than to try and write what you think will work for licensing – Although it’s important to be aware of what works and why in the context of licensing, the overwhelming consensus has been that, at the end of the day, you should just write great songs that are inspired and from the heart. This advice that I’ve gotten, over and over, sort of took me by surprise, in a good way. I hate the idea of trying to force my music into some sort of pre-conceived, pre-determined, homogenized mold. The artist in me cringes at this thought. I went into this business to make art! If I wanted to just create cookie cutter widgets, void of substance and meaning I’d work in a factory or something. So the fact that the majority of people I’ve interviewed, from supervisors to publishers to songwriters, all agree that as songwriters we should, first and foremost, strive to write great, inspired music gives me hope. Of course, you should still pay attention to things like lyrics and arrangement and make sure they’re not too far out of the realm of what works for licensing. You still need to consider the way in which your songs will be used, if and when they’re licensed. But don’t do this at the expense of the music you’re creating. Don’t forego writing a great song too simply try and make it fit the music licensing mold. Music supervisors are music fans. They’re drawn to the music business because, for the most part, they love music. Don’t forget this when you’re creating music you plan to pitch for licensing opportunities. 3) It takes a lot of pitching and submitting your music to land placements - The music business is competitive. There is a lot of music being pitched. I spoke with one prominent music supervisor who told me that she gets as many as 1,000 submissions a day! Many supervisors simply don’t have time to listen to everything that is being sent to them. Your job as a songwriter, is to rise above this noise and competition and get your music heard. Going through libraries and publishers is a good way to do this, as they can help you do the job of pitching and finding out about projects. They’ll take a cut of what you make of course, but it’s well worth it in my experience to have the extra help. You can go directly to music supervisors as well and if you catch them at the right time, with the right track they might be open to it. In my experience, supervisors draw from a lot of different sources to meet their music needs and many are open to working directly with artists when it makes sense to do so. Whatever route you go, if you want to do this at serious level, you need to devote considerable time to pitching your music and finding out about projects. Most writers that do this full time, devote at least two to three days to doing nothing but pitching. It really is where the true work comes in when it comes to landing placements. I wish there was an easier way, but the consensus is that to be successful at licensing, you need to keep pitching and networking on a regular basis. 4) You have to approach this like a job if you want to be successful – I think this piece of advice applies to any aspect of the music industry. You have to approach this like a job or business if you want this to be your job. Songwriters that make a full time living doing this, work full time hours! I think what Sam Beam, aka Iron And Wine, said about the music business sums it up, “if you treat music like a job, they’ll pay you like it’s a job”. Apply this mindset to everything you do in terms of being a musician. Set up regular hours to write and record music. Have a set schedule you adhere to when you’re pitching music. Be consistent. There are a lot of musicians out there, but in terms of musicians that are really going for this in a serious way, it’s a much smaller pool. 5) You need to have thick skin for this business – This probably comes as no surprise, but the music business is really hard. It’s competitive. You will be rejected, most likely a lot. Don’t even pay attention to the rejection. Keep making music. Keep improving your music and keep pitching your music. If you’re passionate and motivated, eventually you’ll win other people over. Of course, listen to the feedback you get, if you send your tracks to 20 people and they all say that your vocals are off key, take note and work on improving that. We all have things to improve. But, music isn’t an exact science. What one music supervisors hates, another might love. That’s why I don’t pay too much attention to criticism or rejection in general, unless it points to something specific that I hear over and over. There’s a difference between someone just not feeling a track and someone not liking it for specific reasons. If you know deep down you’re writing and recording great songs, keep pitching them until you find others that agree. 6) There are no guarantees when it comes to licensing, until a track is actually licensed - At the end of the day, there are no guarantees in this business until a song is actually licensed. You might find ten publishers who love your tracks and they all pitch them to no avail. It happens. Until a specific supervisor wants to use your track for a specific project and the song has been synced, it’s all speculation. Don’t let this discourage you, but also don’t forget this reality of the industry. This is why the ongoing pitching of your material is so important if you want to approach this like a career. You never really know if something is going to happen, until it happens. Unless you are on staff for a network or hired by a production company to write music on a salaried basis, you’re always going to be looking for the next project and the next place to license your tracks. Of course, you’ll be building up residual income too, as some of your tracks will likely be used repeatedly and in different projects over time. But for most writers that are doing this on a freelance basis, in other words, most of us, the pitching never really stops. 7) You might decide this isn’t for you, and that’s ok - With all this talk about competition, rejection and how hard licensing is, you might come to the conclusion that this simply isn’t for you and that’s ok too. I feel like the only real reason to go into the music business in general is because you absolutely love making music more than anything else. If you don’t have that sort of intense passion for making music, than it really doesn’t make much sense as a career path. I believe success is possible for all of us, but if you don’t have an innate sense of passion for music, it’s doubtful that you’ll be able to push through the challenges. Music, to me, is a calling. It’s almost a religious like calling. Any money and success I may happen to attain is really just a byproduct of my desire to get my music out into the world and have it heard. That’s really what drives me more than anything. At the end of the day, I don’t really care if my music is played in the background of a soap opera or a reality tv show. It’s nice when it happens, but more than anything I just love playing music and you know, I have to like eat and pay bills. Want to get a totally free, four hour course, on how you can make money licensing your music in tv, films, ads and more? For a limited time, I'm giving away my newest course, The Ultimate Music Licensing Guide, free of charge, no strings attached. This course took me months to create and I normally charge $77.00 for the course, but I've decided to offer it for a limited time absolutely free of charge. I'm so excited about the information and how much it can help you, that I want to give it to you to check out.
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In my latest podcast I speak with TV composer John Delvento about how he's been able to create a six figure income writing music specifically for libraries.
Learn what it takes to build up a solid full time income by writing music for libraries in the latest episode of Music, Money And Life. In this episode you'll learn: -How to get started -How to approach licensing like a business -Why you need "grit" in order to succeed -What styles of music are in demand now -Why your music is being rejected -Pros and cons of starting a publishing company -How location factors into success -and much more! Want to get a totally free, four hour course, on how you can make money licensing your music in tv, films, ads and more? For a limited time, I'm giving away my newest course, The Ultimate Music Licensing Guide, free of charge, no strings attached. This course took me months to create and I normally charge $77.00 for the course, but I've decided to offer it for a limited time absolutely free of charge. I'm so excited about the information and how much it can help you, that I want to give it to you to check out.
Check out this excerpt from a recent webinar I did with Anthony Clint JR. on how to he landed a recent track in a Netflix production.
A lot of you have asked me how to go about getting tracks in Netflix productions and in this video Anthony and I explain how it's done. Check out the video below. GO PREMIUM to access the entire webinar and new ones like it every month, as well as our in depth courses, music licensing leads, up to date directories and more. More info. Want to get a totally free, four hour course, on how you can make money licensing your music in tv, films, ads and more? For a limited time, I'm giving away my newest course, The Ultimate Music Licensing Guide, free of charge, no strings attached. This course took me months to create and I normally charge $77.00 for the course, but I've decided to offer it for a limited time absolutely free of charge. I'm so excited about the information and how much it can help you, that I want to give it to you to check out.
There's a right way and a wrong way to go about trying to get your music heard by music supervisors and music libraries. If you approach music supervisors the "right" way, you'll get your music heard and hopefully licensed. If you approach supervisors the "wrong" way, you'll most likely just have your messages ignored and your music won't even be listened to.
In the following video clip, I speak with TV composer Dario Forzato about the right way to approach music supervisors, publishers and music library owners, so that your music will be heard, and people will want to work with you. Check it out: Want to get a totally free, four hour course, on how you can make money licensing your music in tv, films, ads and more? For a limited time, I'm giving away my newest course, The Ultimate Music Licensing Guide, free of charge, no strings attached. This course took me months to create and I normally charge $77.00 for the course, but I've decided to offer it for a limited time absolutely free of charge. I'm so excited about the information and how much it can help you, that I want to give it to you to check out.
I was talking to a client a few weeks ago, who was trying to figure out how to make more money from his music via licensing his tracks in tv, films, etc. This particular client informed me that he had made about $2,000.00 from ten of his tracks over the last five years or so. The problem though, was that these particular tracks were signed exclusively to a publisher and for many years he couldn’t get the rights to these tracks back.
He hired an attorney and spent several years fighting to get out of the contract he had signed. Eventually, after what I can only imagine was quite a bit of money, time and frustration, the publisher representing these tracks agreed to give him the ability to sign these tracks to other companies and license them elsewhere. In the end, he was able to make a little extra money with these ten tracks, but he still wasn’t thrilled with his results. This particular client came to me, mainly looking for advice on how to improve his success in music licensing and figure out how to make more money with his music. One of the things I love about working with clients like this, is that I often have epiphanies and realizations as a result of listening to someone else express their challenges and frustrations. I’m sometimes able to express ideas in new ways, that lead to greater clarity for both myself and my clients. I often have “aha” moments that help both myself and my clients better understand this crazy business of ours. With this particular client, I had a realization that I guess you could say was a twist on something I’ve known for quite some time but had never quite been able to articulate as succinctly as I did with this particular client, during this particular coaching session. What was the realization? Well, to put it very simply, your musical output will determine your income. In other words, the more tracks you create, the more money you’ll make. Pretty obvious right? It should be, but I think a lot of us have blind spots and get stuck on our musical journey, getting bogged down in worrying about things like getting out of bad deals we’ve signed, worrying about our rights and how to best monetize our individual tracks. And these are all valid concerns. We should think about these things, at least to a point. We should be careful about signing bad deals and not getting locked into deals we can’t get out of. I’m sure we’ve all probably signed a few contracts along the way that we wish we hadn’t. I know I have. If you’ve been in the licensing game long enough, you’re going to learn along the way, and sometimes we have to learn the hard way, by making mistakes, or by making what seem like mistakes in retrospect. With this particular client I was talking to though, he had spent a lot of money and time trying to undo a deal he had signed. He got sort of stuck on trying to undo this deal he had signed an in his mind, right a wrong. These tracks were his and he wanted them back. In my estimation though, his energy and effort would have been much better spent had he focused it elsewhere, on more productive things, like writing and creating new music for example and developing new contacts in the business and generating new revenue streams with his music. It's better to look forward, than look behind. I broke it down for this particular client, like this: If you’re able to make $2,000.00 from ten tracks, (which isn’t a bad return in the grand scheme of things) what if you had a catalog of 100 tracks? Assuming the same rate of return, you’d make about $20,000.00. Now extrapolate that even further. What if you had 500 tracks earning the same amount of money? This would net you $100,000. What if you had 1,000 tracks that brought in the same amount of money per tracks? This would earn you about $200,000.00 and so on. I think you can see where I’m going with this. To a large extent, our income in the music business, and in particular for things like music licensing and music streaming, will be determined by how many tracks we have in our catalog. Every single client of mine who has gone on to earn six figures a year licensing music, has a large catalog. I've also interviewed hundreds of songwriters on my podcast, and again, without exception, the songwriters making a substantial living from licensing have large catalogs. Now of course, there are a lot of other variables. The size of your catalog isn’t the only determining factor in licensing. There are other things, like the tracks themselves, how “license-able” and accessible they are, the connections you make and so on. There are a lot of different factors that will contribute to your success. But, the size of your catalog and how many tracks you have available to be licensed is a key factor. One of the things you should be focusing on, at all times, is creating more music, so you have more music to license into more opportunities. It’s also one of the few things in this business, YOU have complete control over. If you’re trying to make more money from your music, a great thought experiment is to simply look at how much money you’re making per year from your music, divided by the number of tracks in your catalog. This way, you can get a per song average of what your tracks earn. Then just extrapolate out. So, for example, if you made $1,000.00 from your tracks last year and you have ten songs in you catalog, each song is earning on average about 100 dollars. Want to increase your income to $10,000? You’d need 100 songs, based on this rate of return. To get to $100,000.00, you’d need 1,000 tracks. Like I said, there are obviously other factors, but one of the easiest and most straightforward ways to grow your revenue from your music, is to simply make and license more of it. I’ve made as much as 5k per placement and if you're lucky, there are placements that earn much more than that. The problem though, with focusing on how much you earn per particular placement, is that you don’t entirely control when and where your tracks are used. You can influence this by more actively pitching your tracks, making new connections and so forth. But you can’t directly control it. What you can control is the music you make. How much of it you make. What you make music about. Where you make it available and so on. Your musical output will ultimately determine the size of your income. Want to get a totally free, four hour course, on how you can make money licensing your music in tv, films, ads and more? For a limited time, I'm giving away my newest course, The Ultimate Music Licensing Guide, free of charge, no strings attached. This course took me months to create and I normally charge $77.00 for the course, but I've decided to offer it for a limited time absolutely free of charge. I'm so excited about the information and how much it can help you, that I want to give it to you. 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