Without mincing words, the world has really transformed and gone highly digital that you basically do not even need certain protocols to be successful and wealthy in this life.
And as a talented musician/singer, you have continued to anticipate when you will secure that multi million music contract. Unfortunately, years down the line, you are not close to achieving that lofty dreams of yours, meanwhile they are readily available opportunities for you to achieve your musical dreams in life.
First of all, we have compiled about four major opportunities for you as a talented musician to actualize your dreams. All you need do is just to get into the studio and record a good song, then upload to these platforms and start making your money monthly.
SPOTIFY: One of the most popular streaming Platforms around, with good pay and high patronage around the world.
While the earnings on Spotify varies, but it is generally estimated that you earn between $4,000-$7,000 per one million streams. Then you can actually make far more than that with good songs, good publicity and otherwise.
The earnings are splitted between the platform and the copyright owner of the song or album.
AUDIOMACK: This is one of the most readily available platforms to upload your songs and make good money.
The platform pays between $0.001-0.005 dollar per stream. In other words, you earn between $1000-$5000 per one million streams on the platform. With a good song, good publicity, especially across social media platforms, you can easily achieve that.
Then you imagine when you have multiple songs on the platform, then you should know how much you would be earning.
APPLE: Yet another good and popular streaming Platforms around. They pay about $0.01 per stream.
In other words, if you Garner about 100,000 streams in a month, you are entitled to about $1,000. Then if you are able to get about one million (1,000,000) streams in a month, then your are earning about ten thousand dollars ($10,000), that should be over 12 million Naira monthly.
BOOMPLAY: Another high paying streaming platform. They pay between 15-20 Naira per stream.
Now, let’s say you gather about 100,000 streams in a month, you are making between 1.5-2 million Naira monthly. If you make about 1,000,000 streams in a month, that is about 15-20 million Naira.
YOUTUBE MUSIC: Though not popular like the others, but they are yet another fantastic streaming platform.
YouTube Music pay between $1,000 to $3,000 per one million streams on their platform.
NOTE: All of these requires consistency, hardwork and dedication. Besides, even if you are signed to a record label anywhere else, you must imbibe the aforementioned into your life, else your contract will be terminated.
So, stop waiting for record deals before you start exploring your God given musical talents. The opportunities and avenues are there, just get to work and see the results churning out.
