8 Great Reasons to Sell Your Music Online

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8 Great Reasons to Sell Your Music Online

Florence • Apr 09, 2021

Why You Should Sell Music Online

Hi there, welcome to my YouTube channel and on today’s show, we are discussing 8 Reasons to Sell Your Music Online. Stay tuned!

The internet has turned out to be a very powerful tool for all sectors, the music industry is not left out. You can now sell your music to stock websites or brands. Without much ado;

Why you should sell your music online

1) Deciding to sell your music online would give you more control over your song helping you maximize profit

Artiste general wields control over their recordings and music. You would notice that Musicians fight hard to maintain control over this right. You could decide to sell either part or all of your IP. This is because buyers are always ready to either buy full or part of your IP. The good thing about selling part of your IP is that selling part would enable you to retain part of the financial dividends. Either way, online buyers are flexible.

The second reason why you should consider selling online is that...

2) Currently, it is a very great time to be an owner of valuable music publishing, and streaming royalties.

As a result of the increasing popularity of online music sales, many adequately funded buyers have increased their online presence.

The next point on the show is that...

3) Online music sales deals could help generate significant tax benefits over ongoing royalty payments.

For cases between $6million and $30million, Buyout compensation could be treated as long-term capital gains in the U.S., whereas the feds treat continuing royalty checks as ordinary income. So, that gives artists even more money to enjoy right now. This is a significant, yet frequently not appreciated, factor to consider.

Other reasons include

4) Selling your music online would help your songs, recordings and legacy become more lucrative and valuable over time as a result of an active buyer’s active management and development of new strategic opportunities.

5) Selling online would help you as an artist, band, and songwriter, get more proactive management that would help prevent your band from dying or fizzling out of the industry. Preventing you from losing on numerous opportunities that might come up with time.

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6) Online music deals give you the opportunity either as a songwriter or recording artist to exert more influence on your products. For example, you could decide how to care for and nurture those songs of yours.

7) There are many big buyers online that are renowned and established. The fact is people tend to listen more to this established brand. So selling your music to this brand would help promote your music as many people get to listen to your music more than ever before.

8) The reversion rights: This applies to those in the US, this law was enacted in the year 1978 it allows an artist to take back the copyright of his songs after some years provided that notification was given ahead of time. So it is a good bargain for you either way.

And so that brings this show to an end, I trust you have learned, If you have got any questions or comments, let me see them in the comment section and if you are yet to subscribe, What are you waiting for? Click the subscribe button.

Till next time I will be bringing you another episode of my channel, bye for now!

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