Evan here, coming at you with a fresh perspective on what it's like to dip your toes into the world of music licensing. Buckle up, because today I'm giving you an exclusive peek at my own music licensing royalty statement from the last quarter of 2023. Yes, you read that right – my journey from the first quarter's tunes to my latest earnings.
Here's the deal: I'm all about music licensing, but on a part-time basis. For those of us with full-time jobs, music licensing can be a rewarding side-hustle financially and in terms of pride. And hey, this isn't about showing off – it's about showing you what's possible with a bit of elbow grease.
This latest statement? A neat sum of around $220. Not too shabby for a part-time gig, right? Most of these earnings hail from an exclusive library I've teamed up with, but a few other gems are from another exclusive library and popular sites like Pond5 and AudioJungle. They include major shows like: Summer House, Real Housewives of the Potomac, and 90 Day Fiance.
Now, let's break down my royalty statement. We've got tracks on commercial radio (hello, 44 cents!), and a mix of song earnings based on various agreements and collaborations. Some songs are solo efforts, while others are collaborations, affecting how much I pocket per song.
The TV scene's been good to me – shows like "Summer House" on Bravo and "Celebrity Beef" on E! have featured my tracks. And let me tell you, "Celebrity Beef" with Joel Mchale is a riot of a show – definitely worth a watch. One thing to note is that the earnings vary based on the show's popularity and the network's payout rates.
Then there's the streaming world. My songs on platforms like Pandora and Amazon don't bring in heaps of cash, but they're consistent earners. Interestingly, different streaming services have varying payout rates. Some like HBO Max seem more generous than others.
But here's the kicker: it's all about stacking those song placements. Every quarter, even older tracks continue to pay off, like this one song that's been raking in royalties for over five years now.
So, aspiring musicians and licensing gurus, if you're itching to get started in this exciting world, don't miss out on my free 5-day crash course. It's packed with all the essentials to kickstart your music licensing journey. Just click the link below, and let's make some music magic happen!
Until next time, keep those tunes flowing and those dreams growing.
From a Frustrated Producer in a Ragtag Bedroom Studio to Major Placements on TV Earning $1,000s!
My name is Evan, and I've been making music since around 3rd grade. I'm from San Diego, California, but I've lived in Washington, DC for the last 20 years.
While I still have a full-time day job, I have created systems that have allowed me to produce dozens of songs a year in my spare time.
My songs have been on Netflix, TV shows like the 90 Day Fiance, an award-winning indie film, and NPR’s “All Thing Considered.” They've also been streamed millions of times.
In addition to being a music producer, I am passionate about teaching people how they can make professional-sounding music and earn money licensing it, all in their spare time.
Thousands of musicians, like yourself, have trusted me to guide their musical journey. My YouTube videos have been watched nearly a million times. And my story has been in Forbes, Side Hustle Nation, and the Side Hustle School.