Big companies have tried to monopolize music for years. But that is changing. For a few hundred dollars and a small investment of time: the average person can obtain computer-based digital recording capabilities that used to cost millions of dollars to acquire.
But it’s a lot more than having the right equipment or even being talented. It has to do with business. And the business end of music isn’t even just about having money. Some of the larger record companies release upwards of 50 albums per year. But nobody has ever heard of these artists. They lose money! The few that actually sell records cover the costs for the others who didn’t pay off.
Everybody wants to jump on the bandwagon of fame and fortune. Those who have money are often tempted to pretend that they are in the music business. But this seldom pays off financially in the real world. In the industry these are called “vanity labels”.
Big-business corporate music takes serious capital. Just the cost of manufacturing shrink-wrapped CD’s to stock the shelves of Walmart and Target is a major investment. And this doesn’t even begin to consider the promotional costs of getting music on the radio. Read “The Hitmen” by Frederic Dannen for a real eye-opener.
Certain musical legends whose soul passion resonates with millions sharing the human experience NEED the corporate machine to distribute their material to the widest possible audience.
However there are so many different tastes in the public: that these mass market products can never address. If you have genuine musical SOUL-material: there are some people out in the public who will love what you sell. There might not be enough of them to support a Britney Spears, but there are probably enough of them to comfortably support YOU.
On this website we will be releasing a series of how-to articles for making money with your music. This advice applies to songwriters, as well as vocal and instrumental performers.
An important part of MakingMusicPay.com is our self-recording-guide, called HomeStudioSense.com. It supports our basic philosophy that you should be able to record your music and start making money RIGHT AWAY. The recommended tools enable you to throw down tracks right in your home or in a live performance setting and make highly-sellable copies in a matter of a few minutes. Forget about saving thousands of dollars just to pay for studio time and shrink-wrapped CDs.