Wednesday, January 28, 2015

Make Money with Your Music- Royalty Free Music

Selling royalty free music can be a good way to make a some extra cash as a producer. If you’re not familiar with the term “royalty free music”, I’ll give a quick explanation. Basically, when someone buys music that is “royalty free”, they are essentially buying a license to use the song in their production (commercials, YouTube videos, films, etc.). Rather than paying royalties every time it is used, they pay a one-time fee for permission to use the song in their projects. There are many royalty free music sites (also known as stock music sites) where you can upload your music to sell. When your music gets downloaded from the site, you make money! Most sites will give you 50% of the money for each sale. Sometimes you can get a higher percentage depending on the site.

There’s a brief overview of what royalty free music is. Below is a list of some of the websites that I suggest taking a look at if you want to sell your music.

Pond5- Anyone can upload music to this site. They review it though before it can be put up for sale. The review process is pretty quick, so you can upload music and have it up for sale within a few days. The payout is 50/50 which is generally the average for these sites. Overall it’s a good site and probably one of the first ones I would recommend for someone looking to start selling royalty free music.

Productiontrax- This website also allows anyone to make an account and upload music. Unlike most sites, they do not have a review process, so you just upload your song and it’s available for sale. Productiontrax gives you 65% of the money from each sale which is higher than most stock music sites.

AudioJungle- One of the biggest royalty free markets out there. This one has a strict review process, but if your music is good, AudioJungle is a great place to sell it. Almost every song I’ve uploaded on this site has gotten at least one sale so it’s been pretty successful for me so far. The system for the payout percentage is a little more complicated so I’ll just let you read about it on their site. You can get 50% or 35% depending on the type of account you have. It’s all explained on their website here.

There are other websites out there that you may want to look into, but these are my top three picks. If you start selling royalty free music, please let me know how it goes! If you already sell royalty free music, comment below to let me know what sites you like!

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