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Sound Royalties Presents “Funding Your Music Career”
Description
Finding capital to fund your music career can be difficult. As a rising star, you may be struggling to find money to record a hit. You’re hitting the live show circuit to generate funds but traveling for live performances also comes at a cost. You’re selling merch, but only after the upfront cost of production. You’re self-promoting and self-releasing tracks, waiting for the traction to take hold. What can a creative do to help fund their projects and career wisely? Is there a specific blueprint for success? This panel will explore common challenges, but more importantly, solutions and tactics to help catapult a creative to their best success.
Takeaways
1. The identification of the differences among sources of funding (labels, publishing, distributor, and royalty advance)
2. How royalty management/financing for creatives in mid-career can enable a flow of income while making their way through the industry.
3. How technology has changed the way creatives can earn and receive money
Speaker
Alex Heiche, Founder and CEO, Sound Royalties
Big Freedia, Performance Artist, Big Freedia
Reid Martin, Owner/Co-Founder, MidCitizen Entertainment
Tim Kappel, Attorney, Wells & Kappel, LLP