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Sound Royalties Presents “Funding Your Music Career”
Finding capital to fund your music career can be difficult. As a rising star, you may be struggling to find money to record a hit. You’re hitting the live show circuit to generate funds but traveling for live performances also comes at a cost. You’re selling merch, but only after the upfront cost of production. You’re self-promoting and self-releasing tracks, waiting for the traction to take hold. What can a creative do to help fund their projects and career wisely? Is there a specific blueprint for success? This panel will explore common challenges, but more importantly, solutions and tactics to help catapult a creative to their best success.
1. The identification of the differences among sources of funding (labels, publishing, distributor, and royalty advance)
2. How royalty management/financing for creatives in mid-career can enable a flow of income while making their way through the industry.
3. How technology has changed the way creatives can earn and receive money