Over the last 12 months, YouTube paid out more than $1 billion to artists, composers, and the entire music industry through advertising alone. If you want to make money from your music, it is a perfect place to showcase your talent. Yes, you can turn your passion into a career. When people watch your contents, you’ll get paid.
It’s time to penetrate the world of digital music revolution through YouTube. Let everyone listen to your music through innovative ways. At the same time, you can make money from casual listeners and your loyal fans worldwide.
How can YouTube contribute to your music business? Well, get monetized through subscriptions, ads, and extra revenue sources. In this post, you’ll learn some helpful tips so you can make money from the music you love. Let’s get started.
1. Join the YouTube Partner Program
Show your talent and inspire people through your music while earning money. It’s time to start your career using digital technology like YouTube. Set up your account and work hard to increase the number of views and subscriptions. If you’re an independent artist, you can join the YouTube Partner Program to earn money.
Here are the details:
- Fans get to watch your videos because YouTube sees to it that your channel matches with the ads to generate revenue for you and the site.
- Advertisers pay YouTube for promoting products and services on the site.
- It sends the payment to your AdSense account.
- You should have at least 4,000 watch hours (within 12 months) and 1,000 subscribers to be eligible for the YouTube Partner Program.
- You need to have an advertiser-friendly content and flexible format for premium subscribers to be able to download it seamlessly (e.g., via Youtube to MP3 Shark).
- You need to own full commercial rights (both video and audio) to all contents.
2. Earn Money From Premium Subscriptions
YouTube offers premium subscriptions through your downloadable content, and you get paid too. Just set up your own channel and upload videos (e.g., playing your original music composition or singing your songs).
Just imagine the millions of people watching YouTube videos every day. Many of them are paying to be able to watch their favorite videos without ads and even offline. And your video could be the next rockstar.
Here’s how it works:
- YouTube Premium members are paying a monthly fee for an enhanced experience, like ad-free videos, background play, and even offline access via the YouTube Music app.
- In return, you earn a portion of the overall subscription revenue. The amount of money you’ll receive highly depends on the number of YouTube Premium members who watched your content.
- Ar label or distributor can upload and also monetize your music audio and video content on your behalf.
- For an independent artist, join their program to help monetize your videos. To be eligible with this program, your channel needs to reach 10,000-lifetime views and undergo compliance check.
3. Make Money Through Third-party Distributors
If you’re working with a third-party distributor, your music can be submitted by them on your behalf. YouTube will collect money from the ads and premium subscriptions for you and your distributor. Third-party distributors charge a percentage of revenue and set up.
Here are some of the fantastic details about third-party distribution via YouTube:
- YouTube may work with Apple iTunes, Google Play, and Amazon music to allow selling of downloads (e.g., albums or songs).
- Through its Content ID system, distributors can help you in collecting revenue when other videos utilize your recordings, like fan uploads.
4. Earn Money as a Signed Artist
Even if you’re a signed artist already, you can still make money from it, because YouTube has licensing agreements (independent and major record labels). In short, YouTube Premium will pay these record labels, and you, as a signed artist, will also receive your share.
5. Maximize Earning Potential by Promoting Your Channel
You can promote your music in many ways so you can maximize your earning potential. While subscriptions and ads are the major sources of revenue, you can make money onsite and offsite through:
- Your branded content. Brands and agencies may collaborate with you on YouTube for individual videos, affiliation with music streaming service, integrated campaigns, or shout-outs across different platforms.
- Link your YouTube channel to approved merchandise sites which allow you to sell posters, T-shirts, or accessories to fans.
Conclusion
Indeed, there are so many ways to make money through YouTube. As an independent or signed artist, the opportunities are limitless. By just uploading your video, gaining full rights with all your content, and basic digital marketing techniques, you can start monetizing your music career and earn money. Make your dream a reality and let the world listen to your music by being a YouTube contributor and partner today.
Thanks for this! I’m just getting started in the composing game (I’m an elementary music teacher, writing musicals for my students, as well as other songs for primary kids), and I’m trying to figure out how to get my music out front, without just giving it all away. Wish me luck!
Wow! What an awesome thing you’re doing! I’m glad you found this article helpful.