We have kids coming out of high school enrolling in recording programs expecting to become world famous recording engineers. You can use Tunecore (It’s expensive since they charge you around $30 yearly per album, but easy to use) or CD Baby (One time $49 fee for an album and no yearly fees) to get your music on pay sites such as iTunes, Amazon, Spotify and Rdio. This number shifts to 85% when playlists like YouTube mix (an algorithm-generated playlist based on music a user has listened to) or third-party created playlists, are included.

An experienced music career mentor shows you how to design a strategy to reach your musical goals as fast as possible. He enjoys composing music on his computer and he plays different instruments (mainly guitar). YouTube also provides heavier exposure for tracks older than 6 months — the share of YouTube views from tracks older than 6 months is 10% higher than it is on streaming platforms.

Additionally, by being a music busines s you’re able to write off certain business expenses. If you wish to succeed in the music industry as an independent artist, you must become your own Personal Manager. After working in the music industry for the past 3 years, I started to see some basic things that indie bands and artists should be doing to promote their music and simply are not doing.

A music business plan would help put more control into musicians’ hands to control their own destinies. Every business benefits from a well-rounded business plan and a record label is no different. Firstly, for business that are funded by owner and Bank Facilities with Personal Guarantors, the Pay-out is useful in case the of loans or trade facilities by banks.

The best advice we can offer you is to check out the area where you want to live and work to see if there are sufficient opportunities and venues for your music. Students in the Music Business concentration are guaranteed admission to candidacy if they earn a Candidacy Formula score of 35.5 or better.