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The mobile age has only made the production industry a more promising land for music enthusiasts, with IBISWorld’s
Independent Label Music Production report pointing to an impressive industry revenue of $354 million between 2008 and 2013. Unfortunately, not every music lover has what it takes to make it as a producer. As with the rest of the entertainment industry, music production is, by nature, a cutthroat endeavor. Only the most passionate, most talented, most clever and most willing to sacrifice are able to make it big. But if you do make a name for yourself, the payoff could be incredible, both in terms of finances and personal satisfaction. A successful launch is an absolute necessity, so make the appropriate equipment investments and networking decisions before you venture into this competitive arena.