How Musicians and Composers Make Money

Future of Music CoalitionThe Future of Music Coalition just released the results of a research project they conducted where over 5,000 US-based musicians were surveyed about how they earned money. Here is the list with their findings. 1. Publisher advance. Bulk payment to songwriter/composer as part of a publishing deal. 2. Mechanical Royalties. Royalties generated through the licensed reproduction of recordings of your songs — either physical or digital. Read more.

Pandora: Changing the Way We Discover Music

Rob Walker wrote an article called, “The Song Decoders,” which was published in the New York Times Magazine this past Sunday. If you’re unfamiliar with Pandora it’s a great way to get up to speed; if you already use it, it’ll help you understand the way the recommendation engine actually functions. Pandora’s model is unique partly because of the musicologists behind the scenes – the people who rate each song on its melody, harmony, rhythm, form, and sound (and dozens of smaller categories within each of those aspects). Surprisingly, Pandora only has 700,000 songs in its library, significantly less than some of the other online streaming sites. Read more…