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Uncommon Ways Your Song Can Make You Money.

Professional songwriters can generate different sources of income from their songs in the same way authors create additional income by turning a novel into a movie, TV series, or graphic novel. It doesn’t matter whether your work has generated a million plays or just a handful of listens; your compositions may still be able to generate more revenue. All it takes is an open mind, a little creativity, and some luck.

Treat your song like a business by doing research on other revenue avenues to help you get compensated for your work but always remember to remain the owner of your copyright. Here are a few ways your back catalog could give your bottom line a boost:

Make an Old Song New Again - The possibilities are endless. You could remix a song, remove the lyrics, release an instrumental version, and pitch it to music supervisors for a potential sync in a movie or TV show. How about stripping your sound down and recording a raw, unplugged version?

Make Music for Video Games - Many songwriters have been quite successful at creating original music for video games. To put this growing field in perspective, check out Kotaku, a popular gaming site that profiles game composers.

Sell Your Songs to Stock Music Libraries - Stock music can pop up in a variety of places including shops, podcasts, meditation apps, elevators, and corporate training videos. According to a report by The Guardian, everything from simple keyboard motifs to epic orchestral tracks are needed by music libraries so they can license them to customers for a variety of purposes.

License Your Lyrics - If you search for any given song’s lyrics online, you will most certainly find entire websites devoted to decoding countless recorded works. Much like how digital streaming services must pay songwriters, online lyric services are legally bound to pay songwriters for displaying their work. There isn’t a set statutory rate either; the fee may take the form of a blanket license covering a specific time period, or a percentage of yearly gross sales.

Print Music Royalties - While they’re not as common nowadays, print music royalties can be a significant revenue source for some songwriters. Unlike mechanical licenses for physical reproduction, there is no set statutory rate for print royalties; they are established in direct negotiation with the licensor instead.

Check out the full article on Songtrust HERE.

Are you an artist or band looking to self-release your next single or album? We've got no annual or renewal fee's, and free editorial playlist pitching! SIGN-UP.

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