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Any of you guys actually made any money? (pg. 2)
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| Storyteller |
| 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! |
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| 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. |
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| trancedanne |
| 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. |
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| alanzo |
| 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... |
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| palm |
| 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 . its usualy UK somehow. |
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| 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. |
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| Lolo |
| 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? |
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| adi_hanson |
| quote: | Originally posted by Lolo
10 years ago, I got 10 times this amount.
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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. |
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| palm |
| 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! |
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| Richard Butler |
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. |
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| Sonic_c |
| 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. |
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| cryophonik |
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. :p 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. :toocool: :toocool: |
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