Mad Money Songs

[Roselee Kruppa]

Thereare many people chasing empty dreams in the music industry. They will endlessly pursue the societal glory of landing placements for major artists, meanwhile the reality of the songwriter grind is that most writers never get to work with Chris Brown or Drake.

You need to form strategic alliances with music producers early in your songwriting career. The opportunity to build your music catalog and play the long game is tremendous if you can foster strong relationships with talented music producers.

You better get on social media platforms like Instagram, YouTube, SoundCloud, etc. and start messaging producers. If you send 30 thoughtful and purposeful cold emails / DMs per day, I guarantee someone will be willing to work with you.

However, for recording the majority of your ideas and drafts, a home studio will be just fine. If you want to go super budget friendly, you can even record directly into your iPhone using GarageBand.

The process of doing the same thing over and over again for an extended period of time (7+ years and counting) has allowed me to capture a solid base of clients who value my work and will happily pay for my services.

That being said, the role of the music publisher goes far beyond money. Publishing companies can also serve as recruiters for attracting top talent. Specifically, publishers will often seek recording artists that can produce chart-topping hits.

This means you should be co-writing with fellow producers, writers and artists within the label ecosystem to create amazing records. This not only boosts your street cred, but will put some coin in your pocket.

ASCAP offers amazing membership perks. ASCAP is well-known for hosting amazing music events, meetups and workshops. As an upcoming songwriter/lyricist, it would greatly behoove you to take advantage of these networking opportunities.

SESAC prides itself on developing strong individual relationships with both songwriters and publishers. Although ASCAP and BMI operate on a non-for-profit basis, SESAC & Pro Music Rights keep some income as profit.

While ASCAP, BMI, & Pro Music Rights distribute all income from performance royalties to their composer and publisher affiliates (less an administrative fee), SESAC retains an undisclosed amount of performance royalties. Most songwriters will never know what that fee is, because most songwriters will never become members of SESAC.

Pro-Music Rights (PMR) essentially follows a similar path as ASCAP, BMI and SESAC when it comes to synchronization opportunities, with the basic concept of owning rights to your music which can be licensed for commercial use across Radio, TV, Streaming Platforms and more.

There is a less talked about organization called Global-Music Rights GMR, however they are invite-only and focus on a very small, high grossing tier of elite songwriters.

As you become more advanced in your career as a songwriter, you will need to understand that the fees, royalty payouts, copyrights, copyright laws and licensing deals operate much differently overseas than those in the USA, so having transparency from your administrators is huge in acquiring the right knowledge.

Digital Mechanical Royalties are generated by digital distribution of your songs. These royalties are paid to songwriters by streaming services like Spotify, Apple Music, iHeartRadio, etc.

Your PRO tracks the sales of live performance royalties, meaning whenever your music is performed publicly. Fees will accrue as your music gets played in shopping malls, live venues, clubs, bars, restaurants, supermarkets, fitness centers, outdoor arenas, block parties, etc.

When you release music on Apple Music (and other streaming platforms) it offers a direct route to new fans. It works no differently than social media. Your goal in the early stages of your career is to build followers and amass a loyal fan base.

Apple Music has a whopping 56 million subscribers who are streaming your music which is included in the monthly subscription fee. However, if they purchase the song from the iTunes Store for roughly $1.29, you will receive a percentage.

In January 2007, Amazon Music became the first digital music store to sell music without digital rights, (this was pre-streaming service platforms) and with no music laws. The industry had no idea what was coming just 10 years later.

Partners like CD Baby and TuneCore work with Amazon Music to distribute your songs to the world. So just like with the other digital distributors, they sell and stream your music for the set price of your single / album and take a cut of the proceeds.

YouTube is home to the greatest, funniest and shockingly most wealthy content creators on earth. Some of the highest grossing YouTubers are easily netting tens of millions per year.

As a songwriter, you can get your music placed on highly viewed content, which would generate royalties for your published works. Advertisers will typically pay 0.01 cents -0.03 cents per ad view, so based on that, a video can make around $3-$5 per 1,000 views.

Especially as an independent songwriter, you will need to build and leverage a significant network in order to unlock such opportunities, in addition to having a product that meets the needs of the music supervisors who are managing the video game projects.

In terms of earning potential from video game royalties, there is a fascinating Quora thread on the subject, but ultimately it comes down to negotiating royalty percentages (typically 15% range) and advances which could range from $50K into the millions, depending on the tier of video game.

Syncs, syncs, syncs, and more syncs! TV show royalties increases professional recognition among your peers, and also generates diverse forms of revenue based on the type of TV show your song was placed in.

The staff of Financial Planning compiled the below "Sound Investments" playlist to give financial advisors and clients a pop soundtrack that touches on the happiness, drama and trauma that money can inject into our lives. At the bottom, find a link to add the playlist to your feed on Spotify or Apple Music for FP's mix of jams from the likes of Beyonc, BTS, Taylor Swift, Tracy Chapman, Abba and Tina Turner.

With brokerages, consolidation, lawsuits and more, independence ain't what it used to be. Advisors who want to break away must contend with ever-changing options and obstacles to define their own version of independence.

Disabling Seasions But Keeping its Stuff - Want to disable weather or make plants in season year-round? You can do so with my new Seasons Tuner Mod

Improving Sims 4: The past month, I've spent every day tinkering The Sims 4, making quality of life improvements, gameplay changes, and new difficulty settings for the game. If you'd like to learn more about my project, visit the post on Patreon where you can download it now.

In this guide, we'll go over how you can make money with the various musical instruments and make money with them. This comes as a mystery to some people, because the options to do so do not appear until late in the skills. Playing guitar, violin, or piano you can license songs. With The Sims 4 City Living Expansion Pack you are also able to sing. With a little skill in the instruments, you can make songs for them! You can, of course also use just the microphone.

You can begin to write songs in instruments and singing at level 8. It takes about 12 hours to write a song, one of the longer actions in the game. You do so by clicking on the instrument. With singing, you can either click the instrument or microphone although it's worth noting to use instruments you need at least level 3 skill in them.

While you can't write songs for a long time, you can earn tips! You're best off getting your practice in public so that you can use the play for Tips option. For each level you gain, Sims will tip another $2. Tips can come in waves and it's possible to make a couple hundred Simoleons in a single outing. It's not big money, but it'll keep the bills paid.

It's possible to earn a bit of side money with the instruments, but you won't get rich unless you make your Sim multi-talented. At level 9 in each instrument, you can now license songs. It makes sense you need to be talented to make money with music. It just doesn't translate well to gameplay as you have to go a really long time before you make any money.

Licensing is done with the Mailbox and you can resume songs by clicking the sheet music in your Inventory. You can only license one song at a time for each instrument. It's one of the silliest limitations in the game, but it's there. Writers don't have this problem, so why should musicians? At any rate, the song will play for about a week and give you income each day at 10AM. You'll earn between $200 and $800/day. It's not career or writing level money but it's money, nonetheless.

If you really want to make money as a musician in The Sims 4, don't just write songs for one instrument. Take a creativity aspiration when you make your Sim. This will give you Muser. Now if you also get inspired, you'll get a huge 40% boost to skill gains while leveling creative skills. You can then level up to 8 and 9 in various instruments.

The past month, I've spent every day tinkering The Sims 4, making quality of life improvements, gameplay changes, and new difficulty settings for the game. If you'd like to learn more about my project, visit the post on Patreon where you can download it now.

There is a new platform tool in The Sims 4. There's also a new Sentiments system, but it'll take some time to create a guide to that. Players can also use rental lots in any world now by changing lot types of builds in manage worlds.

I now have a guide page to Tiny Living Stuff where you can learn about Murphy Beds, the new death, as well as the lot bonuses you'll receive if you manage to keep the size of your lot down with this new pack's Tiny Home Lot Type.

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