In addition to the common revenue streams, artists can explore several less common ways to earn royalties. Here are some of them:
These royalties are earned from the sale of sheet music and songbooks. While not as prevalent in the digital age, they can still be a source of income for artists, especially those with a strong following in the classical or educational music sectors.
Artists can earn royalties from the sale of their music as ringtones. Although this market has declined with the rise of smartphones, it can still provide some additional income.
Royalties can be earned when music is played in non-traditional venues like restaurants, bars, and retail stores. These royalties are collected by performing rights organizations (PROs) and distributed to the artists.
When an artist's song is used in karaoke machines or karaoke apps, they can earn royalties. This is a niche market but can be lucrative for popular songs.
Royalties are earned when an artist's music is played on jukeboxes in bars and restaurants. These royalties are also collected by
Fitness instructors and gyms often use music in their classes, and artists can earn royalties when their music is used in this context. This is another niche market but can provide steady income.
Artists can license their music for use in apps and software, such as meditation apps, educational software, or even as background music in video games.
As VR and AR technologies grow, there are new opportunities for artists to license their music for use in these immersive experiences.
