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30 Ways To Make Money From Your Songs

 

 

In the modern music industry, songwriters are finding less money from album sales and more from the collection of all sorts of royalties.

Bands like the Black Keys, who spent over a decade trying to break through to the mainstream, finally did so when they decided to pursue the idea of placing their songs in commercials for TV and film.

But sync royalties from song placements for TV and film are just one of the many, many sources that songwriters can take advantage of to collect royalties and fees. In fact, there are 5 distinct types of royalties that can become a big enough source of revenues for songwriters that they alone can sustain a career.

The following is a list of common sources of royalties for songwriters. Knowing which source or sources of royalties that you can be taking advantage of can help you to create proper goals and the action steps needed to achieve them, so that you can work towards actually collecting enough money from royalties to forget worrying about how many albums you need to sell in order to survive:


Performance Royalties


1. TV (royalties are paid by the TV station for the broadcast of a show, film or commercial with your music on it. This is not to be confused with the actual placement of your songs in TV, film or commercials which is a sync royalty – see below.)
2. Radio
3. Live venues
4. Restaurants
5. Bars
6. International uses
7. Elevator music services
8. Supermarkets
9. Clothing stores
10. Gyms
11. When your music is sampled
12. Jukebox


Mechanical Royalties


13. Ringtones / ringbacks
14. Recorded cover songs
15. Record sales
16. Film soundtracks
17. Karaoke recordings
18. Greeting cards


Sync Licensing Fees


19. TV shows
20. TV commercials
21. Film commercials
22. Video games
23. Smartphone apps
24. DVDs / Blu-Rays


Print Royalties


25. Lyrics reprints
26. Guitar tabs
27. Music sheet books


Digital Royalties


28. Online streaming (e.g. Spotify)
29. Internet radio (e.g. Pandora)
30. Collaborative listening (e.g. Turntable)


If you want to collect royalties from all of these sources, there’s simply no easier way than becoming a Songtrust client.

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9 thoughts on “30 Ways To Make Money From Your Songs

  1. Great list! Thanks for putting it together.

    1. Thanks Brian! Thanks for reading (as always!) 🙂 

  2. What a great list. And clearly outlined in the 4 royalty categories

  3. what a great ad! “make it big like the black keys by becoming a songtrust client”. LOL

  4. Great Blog Jon.. all very useful info.  And I like your list of royality sources!

  5. […] And Fee Sources For Songwriters Here's a great post from the Songtrust blog that comes by way of Ariel Hyatt's Cyber PR. It lists 30 possible sources of income for songwriters. […]

  6. FABULOUS BLOG!!!!!!! 

  7. And what share of the copyrights does SongTrust get? Are you a publisher or something else?

    1. Hi Lou. We are a publishing administrator, meaning we register our clients works with PROs and mechanical collection societies globally and collect royalties on their behalf for a 15% commission. If you have more questions, feel free to email us at help@songtrust.com.

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