Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching How to Start a Music Royalty Business | $3,436 Per Month. and this video is uploaded by TommyBryson at 2020-01-08T21:37:06-08:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [KynSD23JhNU]
| Name | How to Start a Music Royalty Business | $3,436 Per Month |
| Video Uploader | Video From TommyBryson |
| Upload Date | This Video Uploaded At 09-01-2020 05:37:06 |
| Video Discription | In this video im going to break down how to get started, start cost, expenses and profits. And I’ll make sure to break down how royalties rights work and where to go and buy some I love passive income, and I haven’t seen a video on how to make money from Royalties without having to make music. Because although I love music, I have zero talent in the art of making a hit record. How to start a music royalty business Royalties: are basically you getting paid rent to license your product ( music) to someone else. Example: I’ll let you use my song for your movie but you have to pay royalties, and since I own the rights then I'll get paid. Start-Up Cost: 1k to 150k although way up 47million on Michael Jackson bought the Beatles catalogue Expenses: Normal taxes on the royalties but that about it, unless you want to do all the work of actually trying to get the songs into tv shows and so on. Profits - Uncorrelated to market dynamics - Yield is usually higher than bonds and stocks - Consistency: you'll receive constant royalty payments for the life of the song, which can sometimes mean a day or sometimes decades Real Example: going on today: Kygo is selling the rights to “ at least we stole the show” platinum record and bidding started at 150k for this platinum single. - It makes an average of 40k per year - You’re buying the rights for 10 years - This is a 26% return on investment - In the first 4 years you’ve made all your money back, by the end you’ve double your investment plus made an extra 100k on top of the double Tip: Busines is business: you want to check the track record of the royalties, not just take 1 good year as the norm. ( because you never know if they might inflate the price) How to Buy Royalties: 1. Visit a website ( where kygo is selling is hit single) A. The Royalty Exchange: They consider themselves the best in the market Info: with this website you buy: Book, music, tv shows and various other types of royalties They're are more: Crowdfunding way to invest in an album and make a dividend/royalty. - Usually, you're buying the life of the content, which is 70 years. 2. Why would an artist sell royalties - They might need some money to buy a house or a car or some fancy stuff - And sometimes they only sell the rights for a term Period of many 10 years or 20 years 3. Remember to analyze the Best types of royalties to buy - Not all songs are created equally Overall idea: it sounds good, but it's not simple and it's not the same as an investment into Spotify or a company for example, but it can be another stream of income if done correctly. * PRO TIP* INFORMATION IS EVERYTHING 👕Merch👕 https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 👨🏽💻DISCORD PRIVATE GROUP👨🏽💻 ( Limited - Comment if Full) https://discord.gg/JVsXZ6h My Camera Gear: https://amazon.com/shop/tommybryson ✔ Help Us Reach 50,000 Subscribers: https://goo.gl/0wvm6w Social Media~ Facebook: https://www.facebook.com/tommybryson.yt Twitter: https://twitter.com/TommyBrysonVlog Instagram: https://www.instagram.com/tommybryson Snapchat: tommy28fly [KynSD23JhNU] |
| Category | Education |
| Tags | how to start a music royalty business | music business | royalties | music publishing | music royalties | ascap | bmi | music | performance royalties | music royalties explained | publishing | sesac | music producer | performing rights organization | music industry | business | music production | split sheets | split | mechanical royalties | record label | paul bissell | music licensing | what is music publishing | split sheet | producer | sheet | sg-1 | collect royalties | how music royalties work | copyright |
