42 Revenue Streams
If you’re a musician or composer, you probably have a basic sense of the ways you can make money. Some revenue streams are simple to understand, like playing shows, or selling CDs or t-shirts. But there are many, many more ways that musicians can earn money from their compositions, performances, sound recordings, brand, or knowledge of the craft. We list
42 45 of them below.
As you read the list, remember that a song has two copyrights: (1) the musical composition, which includes the notes and lyrics, and (2) the sound recording, which is the performance of a musical composition. So if you hear Patsy Cline singing “Crazy” which was written by Willie Nelson, Willie created the musical composition when he wrote down the notes and lyrics. Patsy created the sound recording when she performed Willie’s song, and it was captured on tape. As you browse the list, it’s important to keep these distinctions in mind since there are many times when different parts of the creative team are paid differently. Don’t worry if it feels like too much to keep in your head at once — we get confused, too! Just take a deep breath and dive back in.
SONGWRITER AND COMPOSER REVENUE
PERFORMER AND RECORDING ARTIST REVENUE
PERFORMER SESSION MUSICIAN REVENUE
KNOWLEDGE OF CRAFT: TEACHING AND PRODUCING
FAN, CORPORATE AND FOUNDATION FUNDING
OTHER SOURCES OF REVENUE
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