The modern era has revolutionized the way musicians can earn revenue from their composition and sound recording. The new revenue sources are streaming and downloading.
Sell your music online on streaming apps or use social media monetization. Social media music monetization means earning revenue when your song or composition is used in video-making. Streaming apps like Spotify, Apple Music, Amazon Music, Tidal, iTunes, etc. have thousands of active users or you can say, fan lovers.
You can get your music on Spotify or any other major streaming platform and gain global exposure. It doesn’t mean you need to be popular because today music lovers even try new artists and if the music is a killer they play a huge role in making it go viral on social media. You earn streaming royalties every time your music is downloaded or streamed on the online music platform.
The first step is to choose a reliable and established music distributor for getting on streaming platforms and earning revenue. Music distributing companies have their exclusive fee structure. A few extract a few percentages from your streaming royalties, while some charge flat fees. Based on the contract signed with the distributor, you can just upload your track on their website and they will review and distribute it to the specified streaming services.
Partnering with a music distribution company is essential to put your music on iTunes, Amazon, or Spotify because streaming services do not work directly with the musicians. All the distributors don’t collaborate with the same streaming services, so check to see if they affiliate with the streaming sites you prefer.
Another thing to determine before signing a deal with the music aggregator is – Which streaming services you need to concentrate on? There are non-interactive sites like Pandora and Beatport serving EDM fans, while Apple Music and Spotify offer interactive services. MusicDigi is the best music distribution platform that helps every musician gets unlimited music on major streaming apps and stores at an annual flat fee of $60.
You can sell your music on Amazon as well as keep 100% control of music rights and you can receive backing with promotion, distribution, and more from their artist support team. You can monitor your sales in the different stores and locations you chose as well as get in-depth reporting, which helps to tweak your marketing strategy. Upload your music and listen to it within 24 to 48 hours on the streaming services you chose.
Distributing music on streaming services for listeners to find your music taste can influence them to buy a ticket for the upcoming live performance or support by buying some merchandise from your website.
With the help of music, aggregators put your music on Tidal, Spotify, Amazon Music, Google Play, etc., and enjoy the fruits of evolving music industry in this digital era. Besides monetizing music streaming platforms, you can monetize video platforms like Facebook, YouTube, Instagram, or TikTok. Monetization means earning cash from anything. It can be new or old but time tested like streaming and downloads.
