Thanks for an honest take on this. Too many videos tend to focus on success stories rather than the average artist. In the current state of the music, aspiring to become a 'content creator' may be more realistic than solely aiming to be a musician.
It amazes me how the music market is still completely saturated when things are this unsustainable, and it's surprising that people continue to bother trying to make money from it.
The packs you made I've bought and used in like every single project basically in some way since, particularly the Cute and Stuff pack, the sounds are just so good Can't wait for a new preset pack or even a drumkit would be cool!
C@ 9:59 Thanks again for doing this I thought I would have to either pay somebody to to learn I haven't seen it actually broken down like you took the time to do really appreciate your time and knowledge keep doing your thing you have another subscriber and supporter really great job on this
Great video! I'm curious about the live shows tho, 2000 peopple seems like a lot for a show to break even, is that really so? i've seen tons of artist touring overseas for 500-1000 crowds, are they all unprofitable? Seems strange to me.
So what a lot of people don't understand, is that is just the number of SPOTIFY streams. Now let's include apple, itunes, youtube, amazon prime, any sort of merch. concerts/shows, any label pick up, doing features. It is not easy to support yourself as an artist, but it is also not this bottle necked. There are MANY outlets to support yourself. If you have 100,000 monthly listeners and averaging 500,000 streams a month. Yes that is less than minimum wage, but say you do two features a month where they pay you $500 each. Now that is $1,000 on top of minimum wage which is not awful. Obviously with 100,000 monthly listeners, you would likely charge more than $500. I know two artists at this range who both charge between $1,000-1,500 so realistically. Could be making $2,000 - $3,000 if artists are paying for it. At the end of the day, it genuinely comes down to how valuable your music and brand is than anything else
How much for 196,000 plays on my song 10,000 coming from apple music and the rest from Spotify the majority like 65% coming from Brazil by ad supporters
Everybody is being so negative in these comments it's crazy. Having that mindset will get you nowhere in life. Yall are shook that it takes 500,000 streams a month to make minimum wage but you're forgetting the world has 8.5 BILLION people. Amassing 500k streams a month could literally just be 1 viral video on tiktok, UA-cam, Facebook etc... put time into your craft and into your content and people will start paying attention. Stay positive. Yall got this
Honestly, musicians totally obliterated their own industry chasing teens and kids on streaming services. iTunes had solved the problem of piracy, but musicians just couldn’t hold the line and so sold off their entire industry to Spotify and streaming.
These numbers are better than I expected. So someone like Yeat has made $11.3 million *after* tax and *after* revenue splits. And he makes 11.5 bands a day. 1/10th of that would be a godsend. That’s before shows which bring in stupid cash (literal cash no one needs to know about). You could do 10-20 shows a year 100k-300k each. And merch, probably another 500k Again 1/10th of that I am up more than anyone anywhere. The median NFL player makes 1/3 of that after tax. And then you could take all that money and invest it in companies and realestate. Damn so Destroy Lonely is $2.3 mill + 3 bands a day + $500k/year from shows. And he’s 22. I would be sooo cool with a third of even just that. At 22-23. That’s not even crazy well known atp. Ken is $3.5 mil + 6 bands a day + prolly 750k for shows. 6 bands a day is just crazy. I could buy my car everyday. And labels are stupid they don’t make any financial sense. They take 80% of the revenue and do work you could do yourself or with a team to do. Booking venues is not complicated, “promoting music” what does that even mean in 2024, mixing and mastering genuinely isn’t that important or hard enough where I couldn’t learn. What do they do other than provide “security”, I don’t understand. And music isn’t supposed to be secure, it’s music lmao. Make good songs, upload to TikTok, have strong branding, and tour. 1 person could learn and do all that. And hire out a team as necessary. To make the financial goals I want to meet, I’d need to be 2 or 3 times the artist. And that seems ways harder than doing the work yourself. On top of that, I was so confused when I heard destroy lonely just now bought a hellcat as his *first* car. That’s a cheap ass car for being Destroy Lonely. His label took everything. His fan base streams his music crazy and he doesn’t see any of that.
In the streaming world, the label doesn’t do the work and takes all the revenue. That don’t add up 😭. And why sign to a business in decline. I’m not going to prop them up 💀 Pre-TikTok, going viral was genuinely difficult. SoundCloud and the radio were the only forms of organic growth. With really no in between. The label made sense. But now, TikTok is the radio and SoundCloud put together. A song can go from nothing to reaching 300 million people completely organically. There’s no need for a label. They got automated out. The small work they did can be done by anyone with some sense on the payroll. Yeats growth in 2021 and 2022 was all organic. He made good music, kept up an image, and hit upload. Idk why he signed to a label. I also hate the idea of a contract I can’t leave. A 3 album deal is 4-6 years of my life. Under a binding contract. Fck no. What I want is to reach 1 billion streams, 2 bands a day, 3 years of shows. And then fck off and do something else. That’s exactly what I want. That’s 5 m’s, time of my life touring the world, and recurring revenue. And I haven’t just spent my whole life on just music. I could actually fck off. I want oil money, not no regular check.
Thanks for an honest take on this. Too many videos tend to focus on success stories rather than the average artist.
In the current state of the music, aspiring to become a 'content creator' may be more realistic than solely aiming to be a musician.
It amazes me how the music market is still completely saturated when things are this unsustainable, and it's surprising that people continue to bother trying to make money from it.
The packs you made I've bought and used in like every single project basically in some way since, particularly the Cute and Stuff pack, the sounds are just so good
Can't wait for a new preset pack or even a drumkit would be cool!
that’s great to hear!
This video was great, good insight on how everything works. Definitely going to check out the book. Keep up the good work man!
glad you liked it!
C@ 9:59
Thanks again for doing this I thought I would have to either pay somebody to to learn I haven't seen it actually broken down like you took the time to do really appreciate your time and knowledge keep doing your thing you have another subscriber and supporter really great job on this
This is what we call real content, which helps needy person ❤
these videos are so consistent and quality sheeesh
thank you!
C@ 2:49
Thank you for your time and knowledge really appreciate that
This is what I'm looking for, thanks man!
Great video!
I'm curious about the live shows tho, 2000 peopple seems like a lot for a show to break even, is that really so?
i've seen tons of artist touring overseas for 500-1000 crowds, are they all unprofitable? Seems strange to me.
really helpful, thank you so much!
Glad it was helpful!
goal setting lets go!
there's a japanese producer (muship) thats also selling eggs (yes the chicken ones) on his website. never be afraid to branch out a bit
🤔
So what a lot of people don't understand, is that is just the number of SPOTIFY streams. Now let's include apple, itunes, youtube, amazon prime, any sort of merch. concerts/shows, any label pick up, doing features. It is not easy to support yourself as an artist, but it is also not this bottle necked. There are MANY outlets to support yourself. If you have 100,000 monthly listeners and averaging 500,000 streams a month. Yes that is less than minimum wage, but say you do two features a month where they pay you $500 each. Now that is $1,000 on top of minimum wage which is not awful. Obviously with 100,000 monthly listeners, you would likely charge more than $500. I know two artists at this range who both charge between $1,000-1,500 so realistically. Could be making $2,000 - $3,000 if artists are paying for it.
At the end of the day, it genuinely comes down to how valuable your music and brand is than anything else
Дякую, мені потрібно було це почути 😊👍
How much for 196,000 plays on my song 10,000 coming from apple music and the rest from Spotify the majority like 65% coming from Brazil by ad supporters
hella good info
Everybody is being so negative in these comments it's crazy. Having that mindset will get you nowhere in life. Yall are shook that it takes 500,000 streams a month to make minimum wage but you're forgetting the world has 8.5 BILLION people. Amassing 500k streams a month could literally just be 1 viral video on tiktok, UA-cam, Facebook etc... put time into your craft and into your content and people will start paying attention. Stay positive. Yall got this
Honestly, musicians totally obliterated their own industry chasing teens and kids on streaming services. iTunes had solved the problem of piracy, but musicians just couldn’t hold the line and so sold off their entire industry to Spotify and streaming.
good stuff
thanks!
I’m actually confused by the UA-cam vs Spotify. UA-cam pays more than Spotify per view.
These numbers are better than I expected. So someone like Yeat has made $11.3 million *after* tax and *after* revenue splits. And he makes 11.5 bands a day. 1/10th of that would be a godsend. That’s before shows which bring in stupid cash (literal cash no one needs to know about). You could do 10-20 shows a year 100k-300k each. And merch, probably another 500k
Again 1/10th of that I am up more than anyone anywhere. The median NFL player makes 1/3 of that after tax. And then you could take all that money and invest it in companies and realestate.
Damn so Destroy Lonely is $2.3 mill + 3 bands a day + $500k/year from shows. And he’s 22. I would be sooo cool with a third of even just that. At 22-23. That’s not even crazy well known atp. Ken is $3.5 mil + 6 bands a day + prolly 750k for shows.
6 bands a day is just crazy. I could buy my car everyday. And labels are stupid they don’t make any financial sense. They take 80% of the revenue and do work you could do yourself or with a team to do. Booking venues is not complicated, “promoting music” what does that even mean in 2024, mixing and mastering genuinely isn’t that important or hard enough where I couldn’t learn. What do they do other than provide “security”, I don’t understand. And music isn’t supposed to be secure, it’s music lmao.
Make good songs, upload to TikTok, have strong branding, and tour. 1 person could learn and do all that. And hire out a team as necessary. To make the financial goals I want to meet, I’d need to be 2 or 3 times the artist. And that seems ways harder than doing the work yourself.
On top of that, I was so confused when I heard destroy lonely just now bought a hellcat as his *first* car. That’s a cheap ass car for being Destroy Lonely. His label took everything. His fan base streams his music crazy and he doesn’t see any of that.
In the streaming world, the label doesn’t do the work and takes all the revenue. That don’t add up 😭. And why sign to a business in decline. I’m not going to prop them up 💀 Pre-TikTok, going viral was genuinely difficult. SoundCloud and the radio were the only forms of organic growth. With really no in between. The label made sense. But now, TikTok is the radio and SoundCloud put together. A song can go from nothing to reaching 300 million people completely organically. There’s no need for a label. They got automated out. The small work they did can be done by anyone with some sense on the payroll.
Yeats growth in 2021 and 2022 was all organic. He made good music, kept up an image, and hit upload. Idk why he signed to a label.
I also hate the idea of a contract I can’t leave. A 3 album deal is 4-6 years of my life. Under a binding contract. Fck no. What I want is to reach 1 billion streams, 2 bands a day, 3 years of shows. And then fck off and do something else. That’s exactly what I want. That’s 5 m’s, time of my life touring the world, and recurring revenue. And I haven’t just spent my whole life on just music. I could actually fck off. I want oil money, not no regular check.
We're fu**ed.
You forgot a "many" in the video title
thanks haha
damn
moral of the story: no reason to even try :D