8 Creative Ways to Make Money in the Music Business

The scope of the music business ranges further than you may realize. Music is so deeply ingrained in our lives that its application goes beyond concerts and recordings.

If you’ve chosen a career in music, there’s a wide variety of options available. Chart your own course with these creative ways to make money in the music business.

Digital Avenues

  • How vast is YouTube’s reach? Luis Fonsi’s “Despacito,” YouTube’s most frequently-viewed video, is currently at 6.8 million views and climbing. Fortunately, you need only 1,000 subscriptions to begin monetizing your music through a channel on the video-sharing giant.
  • Do you play several instruments? Create a library of sound files and post them in an online database where they can be purchased by composers who need some help.

Behind the Scenes

  • Artists are always in need of good content, whether it’s written by themselves or someone else. Composing songs for others is a great way to initiate a passive income stream in which you receive royalties whenever the song is performed or used.
  • Legendary musicians such as Glen Campbell, Billy Preston and Leon Russell began their careers as session musicians and backup vocalists. Others, including Russ Kunkel and Leland Sklar, became nearly as famous remaining on the sidelines.

Entertainment

  • Movies and TV shows have been traditional sources of work for people in the music business. Today, the tech explosion has made music for video games a lucrative field.
  • DJ’ing checks several of the boxes for a desirable job. It’s a lot of fun as well as a perfect way to network, and you can get exposure for your own work by slipping in a song or two.

Education

  • Giving voice or instrument lessons can be a rewarding way to make money. In addition to passing along an appreciation of music to others, you may play a valuable role in the development of a star. Be sure to look into Udemy and other online learning sites.
  • The music business is constantly evolving, and people can’t afford to fall behind. Put your inside knowledge and writing skill to work as a music critic or feature writer for hard-copy or digital publications.

A Music Business Education Under One Roof

“Independent artist” doesn’t have to mean “completely alone.” Contact us at Clear Lake Recording Studios to learn how our state-of-the-art facility and experienced staff can help you put your best foot forward in the music business.