Yes, I think I’ll be having some of that sir and madam. What is residual income?
Well, think about people that own property and rent/lease it out to people.
They (hopefully) recieve monthly rent from their tenants. This is called residual
or passive income. It is money that comes in on a regualr basis that you only
initially had to work for, for a small period of time. These sites and services
I’m about to share with you offer these residual/royalty payment sometimes
for life (usually). I know musicians that are recieving hundreds, if not more by now,
a month by using these sites and service and those like them online. So without
further ado here’s some of the top site out there to earn some residuals/royalties
off of your music:
*RumbleFish.Com
*PumpAudio.Com
*eStockMusic.Com
*StockMusic.Net
*iStockPhoto.Com/audio
*StockMusicSite
I love the idea of earning money for your hard work in the studio and the best
part about these sites is that people regularly search them looking for audio
to use that they have to pay for legally; you don’t have to promote your music
on these sites, although you certainly could and probably should. I think this
is a excellent way to get your foot in the door as far as earning money for your
music. The one sad thing, however, is that indie musicians signed to labels
(sometimes) or signed to a performers right organization (ASCAP, BMI, SESAC)
sometimes/usually can’t participate because the site/service would then be
responsible for paying out through/to them as well. But who knows, maybe
down the road this will be fixed, because it would be the perfect supplemental
income to an indie label I think…but I feel that I must say that some of the sites
say that they might be willing to be flexible with record labels if they are contacted
by the record label about having its artists on their sites.
So give this a try, see how it works for you. I admit it, when I started earning money
from similar sites that publish my various materials online the income would literally
be $.10 a month or even less. But through the years things have definitely changed.
So much so that I am even forming businesses just around doing this, because my
projected income for this year (2010) is certainly going to be over $500+ for my
old and newer materials.
Hope this helps you out.
-Peace,
B.Marcel
Tags: b. marcel, Brandon Marcel, earning money from your music, earning money online, indies earning money online, music articles, music business articles, music income, royalties for your music