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Posted by oldspice891 on Jan-19-2010 10:41:

Any of you guys actually made any money?

I know it's not about the money its about the music blah blah, but some of you guys have pretty legit sounding tunes on your myspaces, which are usually uploaded onto beatport/itunes.

Is it a few dollars total or has anyone here made something more significant?

Also, how much do you think guys like Wolfgang, Miles Dyson, and others who DON'T have CDs out make?

Miles Dyson had a bunch of beatport downloads so I'm sure he made a few hundred atleast I donno. I don't have any of my tracks on beatport, so please enlighten me on this.


Posted by Storyteller on Jan-19-2010 10:45:

Depends. Sometimes a couple of 100, sometimes a couple of 10ers.


Posted by Acton on Jan-19-2010 10:47:

One million dollars.






I'm pretty sure people aren't going to volunteer the exact amount they have earn't from music production.

I haven't had a lot from my releases, nothing I would deem 'significant' anyway.


Posted by oldspice891 on Jan-19-2010 10:49:

quote:
Originally posted by Storyteller
Depends. Sometimes a couple of 100, sometimes a couple of 10ers.


Good stuff man, I'm digging sound. So you made a few hundred on just one of your completed tracks? How do you feel about that? Not bad/could or should make more?


Posted by Kismet7 on Jan-19-2010 10:51:

If your putting out good product...and your not making money...then there is a good chance your distributor is jacking you and your label. Sales are happening in all genres of EDM, and there is a big interest in dance music worldwide, bigger than it has ever been. The accessibility of the internet has compounded that. So it depends on your label and music, music that DJs find useful will sell, music that DJs and listeners find useful will sell even more.

If you want success, spend some time on your craft and find Labels that have a following, DJs, Listeners, Media, Radio, Reviews, Blogs, Connections etc.

#1 Question you should be asking is...

Are all sales being accurately reported?


Posted by IceColdWater on Jan-19-2010 10:56:

Re: Any of you guys actually made any money?

quote:
Originally posted by oldspice891
I know it's not about the money its about the music blah blah, but some of you guys have pretty legit sounding tunes on your myspaces, which are usually uploaded onto beatport/itunes.

Is it a few dollars total or has anyone here made something more significant?

Also, how much do you think guys like Wolfgang, Miles Dyson, and others who DON'T have CDs out make?

Miles Dyson had a bunch of beatport downloads so I'm sure he made a few hundred atleast I donno. I don't have any of my tracks on beatport, so please enlighten me on this.


I'm kinda interested in the question too. Anyone willing to share?


Posted by oldspice891 on Jan-19-2010 10:58:

quote:
Originally posted by Kismet7
If your putting out good product...and your not making money...then there is a good chance your distributor is jacking you and your label. Sales are happening in all genres of EDM, and there is a big interest in dance music worldwide, bigger than it has ever been. The accessibility of the internet has compounded that, so it depends on your label and music, music that DJs find useful will sell, music that DJs and listeners find useful will sell even more.


I was always curious to the extent that sales actually happen. I mean take a random sample of 2k of the population. How many are actually going to know the names of some producer's track and actually have purchased it via beatport in comparison to a Lady Gaga track or something. I'll go to these huge 60k massives, and i'm pretty sure unless it's obviously popular, nobody knows most of the tracks. So I'm thinking, are these producers actually making anything or is it just mr. awesome david guetta because he's headlining that's earning the dough. I figure no one knows because they're rolling balls and everything sounds great anyways.

It blows my mind because here are thousands and thousands of people that I'm pretty sure haven't the slightest clue of who produced most of those tracks, where people can go to a rock concert at a small 500 seater and I'd assume that band has made more.

I'm going off assumptions here.


Posted by Kismet7 on Jan-19-2010 11:05:

quote:
Originally posted by oldspice891
I was always curious to the extent that sales actually happen. I mean take a random sample of 2k of the population. How many are actually going to know the names of some producer's track and actually have purchased it via beatport in comparison to a Lady Gaga track or something. I'll go to these huge 60k massives, and i'm pretty sure unless it's obviously popular, nobody knows most of the tracks. So I'm thinking, are these producers actually making anything or is it just mr. awesome david guetta because he's headlining that's earning the dough. I figure no one knows because they're rolling balls and everything sounds great anyways.

It blows my mind because here are thousands and thousands of people that I'm pretty sure haven't the slightest clue of who produced most of those tracks, where people can go to a rock concert at a small 500 seater and I'd assume that band has made more.

I'm going off assumptions here.


EDM fans that go to those festivals are clued as you can get. They download sets and find out who played what, and then look through artist and label discographies and buy up what they like. People dont just stumble upon a festival or club event, they are fans just like of any genre, but more internet savy. Since EDM is still nott mass marketed, but still very accessible on the internet, you kind of have to be internet savy to be part of the scenes going on around the world. So EDM actually enjoys the best and most loyal fans. The people (worthless fucks) who say EDM music doesnt sell are most likely shilling (grabbing their ankles and selling their soul) for distributors robbing artists and labels of money. The rest are normal artist and labels who have fallen prey to the consensus that digital distributors/retailers want artists and labels to believe, that EDM does not sell somehow.


Posted by Detuned on Jan-19-2010 11:06:

quote:
Originally posted by Acton
I'm pretty sure people aren't going to volunteer the exact amount they have earn't from music production.



+1

so it's a bit difficult to answer your question, oldspice891


Posted by DjStephenWiley on Jan-19-2010 11:07:

quote:
Originally posted by oldspice891
I was always curious to the extent that sales actually happen. I mean take a random sample of 2k of the population. How many are actually going to know the names of some producer's track and actually have purchased it via beatport in comparison to a Lady Gaga track or something. I'll go to these huge 60k massives, and i'm pretty sure unless it's obviously popular, nobody knows most of the tracks. So I'm thinking, are these producers actually making anything or is it just mr. awesome david guetta because he's headlining that's earning the dough. I figure no one knows because they're rolling balls and everything sounds great anyways.

It blows my mind because here are thousands and thousands of people that I'm pretty sure haven't the slightest clue of who produced most of those tracks, where people can go to a rock concert at a small 500 seater and I'd assume that band has made more.

I'm going off assumptions here.


I don't mind answering questions to an extent, so feel free to ask....And your assumptions are fairly accurate oldspace891. DJ'ing shows are still completely different from rock n roll and always will be despite the strong push for artists to play their own and try to sell their own.

As for sales.....it really just depends. Beatport is better for two and three song releases. Albums do quite a bit better on iTunes. It's usually hit or miss and the factors that go into play here are large and unpredictable. I've had music that I was sure was going to sell because I thought it was great, only to be disappointed.

Unfortunately despite music quality or what you or others may think, "name recognition" is still a very big factor in determining sales. 90% from an artist perspective, and then labels do have some "fans" as well.

As for distributors, poor sales, etc. I recently switched aggregators for my label because of this very reason. It was a bit more complex, but at the end of the day I was not happy with the company and chose to go another direction and so far so good. Things are unfortunately slow so I'm going to need at least two quarterly reports to judge my new aggregator.


Posted by IceColdWater on Jan-19-2010 11:15:

Most producers have a day job , am I right?


Posted by Acton on Jan-19-2010 11:19:

quote:
Originally posted by IceColdWater
Most producers have a day job , am I right?


Yes. Even some of the most established producers would find it difficult supporting themselves on single sales only.


Posted by Storyteller on Jan-19-2010 11:27:

quote:
Originally posted by oldspice891
Good stuff man, I'm digging sound. So you made a few hundred on just one of your completed tracks? How do you feel about that? Not bad/could or should make more?


I still feel it's too little. I can make more money than my average releases do in 1 day while making a song at least takes a couple of days for me.

Also, I see a lot of people playing the music when I know for a fact the downloaded it form an illegal source. But what can you do...

And yes, I do have a day job. I'm also still a student...

In the end I produce music for the fun of it. The feedback generally makes the effort well worth it!


Posted by Lolo on Jan-19-2010 11:41:

to answer you question:

my latest royalty statement to date was 4400 Euros for a period of 6 months with the exploitation of 14 years of music of mine. 10 years ago, I got 10 times this amount.

I'm talking here about invoiced royalties, so you still need to deduct taxes, here in my country it's 30 up to 50% depending on the case.

That's why I have now a few dayjobs to keep away from financial trouble, because unfortunately not many gigs.

That's the big lesson of last year. Music is a passion, not a dayjob.

I've been working with big artists, though, but I made the wrong business decisions.


Posted by trancedanne on Jan-19-2010 11:54:

quote:
Originally posted by Lolo
to answer you question:

my latest royalty statement to date was 4400 Euros for a period of 6 months with the exploitation of 14 years of music of mine. 10 years ago, I got 10 times this amount.

I'm talking here about invoiced royalties, so you still need to deduct taxes, here in my country it's 30 up to 50% depending on the case.

That's why I have now a few dayjobs to keep away from financial trouble, because unfortunately not many gigs.

That's the big lesson of last year. Music is a passion, not a dayjob.

I've been working with big artists, though, but I made the wrong business decisions.


Sad to hear you are not making more money from music, you really deserve it. You are one of few who still makes proper trance how it should sound like. Have you ever considered to change your music style to more commercial sound? You would probably get more gigs then also.


Posted by alanzo on Jan-19-2010 12:50:

Got me a check for $650 USD not long ago. That was nice. It was for two years of royalties. Now if only I could do once per week instead of once every two years...


Posted by Zak McKracken on Jan-19-2010 13:04:

for all my tracks together ive reached like 200EUR, but as the money is divided around on all the mp3-shops i cant anvoice them yet (most of them have a 50EUR limit). and now that djdownload is finished i lost some of my money there lol (like 30EUR). i got more money for one remix on a vinyl earlier than all my own tracks on mp3 together. funny ha ha. i dont care about the money though, sales numbers are much more fun to look at, and what countrys seems to buy your shit. its usualy UK somehow.


Posted by Sonic_c on Jan-19-2010 13:15:

I heard of a ex student of my university that made a trance track and signed it to a library music store (where films and tv ads go looking for music) he ended up with a �13k check in the mail 2 years later because it featured on a tv ad in the UK.

There was also a guy that made a drumloop that the prodigy sampled in erm... i forget but anyway he gets a check twice a year for a few thousand.

I made a track recently that went big and the label says I have earned some money, I dont know how much yet as they dont account unitll end of Jan.


Posted by Lolo on Jan-19-2010 13:50:

quote:
Originally posted by Sonic_c
I heard of a ex student of my university that made a trance track and signed it to a library music store (where films and tv ads go looking for music) he ended up with a �13k check in the mail 2 years later because it featured on a tv ad in the UK.

There was also a guy that made a drumloop that the prodigy sampled in erm... i forget but anyway he gets a check twice a year for a few thousand.

I made a track recently that went big and the label says I have earned some money, I dont know how much yet as they dont account unitll end of Jan.


end of January?? Royalty period is end of march and september! When was it released?


Posted by adi_hanson on Jan-19-2010 14:18:

quote:
Originally posted by Lolo

10 years ago, I got 10 times this amount.



You had to pay 10 times the amount for a single 10 years ago too.
At my local recordstore (lol) now were going back a bit!
The average price of a single was �4.99 and an album was �19.99 here in th UK.
And as as much as they claimed , I dont think the manufacturing cost of a CD was beyond a pound of that sale.

Vinyl used to be �12.99 a crack too.

I wonder why they never stayed expensive and choosey with artists and converted to cheap and released anything they got in their record labels inbox.


Posted by Zak McKracken on Jan-19-2010 14:35:

vinyl was 5.99 and 6.99 man. i ordered loads and loads from juno and chemical. and usualy two three tracks. better value than anything else imo ever lasting!


Posted by Richard Butler on Jan-19-2010 15:30:

Don't know about others, but I find my brain gets overloaded with choice and bombarded from every direction with bloggs, releases, msn requests, emails, adverts, updates, new products, tons of networking sites I 'need' to get into etc etc, so I end up wanting to shut it all out and have some brain peace, so I end up not buying much.

There are so many artists all vying for attention, it's no surprise there is little money to go around for the majority.


Posted by Sonic_c on Jan-19-2010 15:38:

quote:
Originally posted by Lolo
end of January?? Royalty period is end of march and september! When was it released?


Released October, I think they mean sales? I dont know its just in the contract that they account in January and i think again in June.


Posted by cryophonik on Jan-19-2010 16:04:

I made a pretty good living off live music for about 15 years back in the late 80s through early 2000s. Then I grew up and became a music producer with a day job. Now, I make next to nothing, but spend a lot on my toys.

But, to be honest, I don't do it for the money or to get signed. We (the singers and I) rarely even submit our tracks to labels and, of the few songs we have had signed or in the process of being signed, the labels usually contacted me and we decided to sign with them because we were familiar with the labels and felt that the songs had good potential. We've actually turned down more offers than we've accepted because I'm just not in it for the money and the singers and I would rather maintain control over our songs than sign it to one of the million small labels out there that we'd never heard of before they contacted us. Don't get me wrong, Armada's not following us around begging us for our songs and, if they were, yeah, we'd sign with them and hopefully that would earn us a small amount of additional income.


Posted by Lolo on Jan-19-2010 20:40:

quote:
Originally posted by Sonic_c
Released October, I think they mean sales? I dont know its just in the contract that they account in January and i think again in June.


within the 90 days following dec 31st and jun 30th. That means you won't see anything before april.


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