SXSW 2023
Traditional & New Income Streams for Indie Artists
Description:
The music industry is ever-changing, and now more than ever, capitalizing on several different income streams makes bringing home a full-time income solely from music an attainable goal for independent artists. This panel will discuss the three eras of artist income — pre-digital income (physical and sync), digital income (streaming, download, and micro sync), and web3 income (NFTs, crypto, and metaverse licenses) — and the associated income opportunities that exist today and that artists can tap into to diversify their revenue streams.
Related Media
Other Resources / Information
Takeaways
- How artists can collect all their music royalties (physical, streaming, download, performance, mechanical, etc.)
- What artists can do to tap into the increasingly profitable world of sync licensing in an era of streaming TV boom
- How artists can utilize NFTs as sources of revenue in the long term as opposed to selling one-time digital collectibles
Speakers
- Dae Bogan, Head of Third-Party Partnerships, The Mechanical Licensing Collective
- Kirt Debique, CEO & CTO, Syncfloor, groovemint
- Ari Herstand, CEO, Ari's Take
Organizer
Zeynep Yasar, Campaign Manager, rock paper scissors
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