
Are Holiday Albums Profitable?
Many artists get lots of exposure singing carols by being a part of holiday TV specials and programs. But are releasing holiday albums profitable?












Many artists get lots of exposure singing carols by being a part of holiday TV specials and programs. But are releasing holiday albums profitable?
Many musicians have mental health issues. Most common are depression, anxiety disorder and addiction. Who is responsible for the mental health of musicians? Fans, promoters, agents, A&R managers, managers or musicians?
If you’re already using Bandcamp for digital downloads of your music, then you know what a powerful sales tool the platform can be. But if you limit yourself to only selling those digital downloads, you’re leaving money on the table. Here’s a brief guide to the benefits of adding merchandise to your Bandcamp store.
by Juan Carlos Cardenas from Berklee’s Music Business Journal, thembj.org.
Music Business Worldwide (MBW), a fellow publication, estimates that Mumford & Sons, the acclaimed British alternative-rock band, lost a minimum of three million dollars to the hands of scalpers and secondary ticketing sites in 2016. The figure could be half of that and still give pause for thought. As MBW suggests, moreover, it may well be that other prominent artists including Adele, Chance the Rapper, Radiohead, Iron Maiden, and The Pixies, are suffering a similar fate.
A business plan is a necessary tool for anyone starting a business or anyone planning to make money with their music (selling music, performing, selling merchandise). It forces you to think about how to succeed, how to move forward, what that will cost, what obstacles you might hit and how to overcome them. It explains how you plan to run your business, how you will build it, and exactly when and how the income will come.
In order to set up and run a successful music teaching business you should definitely have a business plan. It’s a great way to organise all your thoughts and make sure you have everything in place before you start your business
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(Updated January 13, 2016)