Making Money With Your Music Part 2
Goldmine or Minefield.The world of music clearance is a goldmine or a minefield. We heard about the quarter-million-buck goldmine. “Having said that,” Jansson adds, “I think an average fee is usually between $4,000 – $6,000 per side (i.e. Master & Synch). It depends on how badly they want to use the song and how big a hit it was.” Those two words, “Master” and “Synch” indicate part of the problem for the average singer/songwriter who hopes to possess a song appear on a soundtrack. Before you start earning money, there’s a lot to know.
A and R UnlimitedThe facts are so important that NARIP, the National Association of Record Industry Professionals, has Stacey Powells lead workshops on the topic. Powells, currently clearing music for On Air With Ryan Seacrest, says “This is a much more complex part of the business than most people realize, but it really is extremely lucrative for artists, so there’s liberating to passing along this information.”