So we recently were working with a group that got 1,000,000 streams on Spotify in 2014. That’s really amazing, and not an easy thing to do – anytime you do a million of anything, it’s a lot.
They couldn’t believe it, but then again they couldn’t laugh all the way to the bank though since they had to divide the $4,995 among the band members, and of course this was before all of the expenses of recording. It’s a scary proposition these days for making money on the streaming internet. The exposure is great, and it democratizes the process, but it’s gonna be hard to buy that beach house with money made from streaming media. Oh well….If they can get those people to come see them on tour and charge $10 per person head, they’ll be doing just fine.
Total revenue: $4,955 Average per-stream payout: $0.004891
We recently recorded a couple of tunes for the Durham NC based duo, High Clouds. High Clouds is Steve Luteman (Guitar) and Maria Hernandez (Fiddle).
On the sample tune you can hear a medley of two Irish compositions, Humours of Trim and Lady Anne Montgomery. It’s great stuff and these guys know the tradition.
Irish fiddle music is heard the world over nowadays. In Ireland it could probably be heard at a traditional pub session, and thus would likely be accompanied by a large serving
of Murphy’s Irish Stout or Kilkenny Irish Cream Ale, so feel free to go pour one of those before you listen. Enjoy!
Many artists are wondering whether it makes sense to spend the money to manufacture a CD these days. Of course it seems like the norm, after all, we all have closets full of CDs, even if we have transferred them all to hard drives or uploaded them to the cloud, but we bought those in years past and downloading and streaming is how most people acquire music these days. In some genres the CD is still an important tool to make money on the road. Think of the “record table” at almost any bluegrass festival.
We would recommend CDs if you’re playing a lot of festivals or shows or going on some kind of tour – CDs are still a great impulse buy at the merchandise table. After all, some people like a “souvenir” when they attend a show. Also if you are a local band and you have a pretty good presence in the local market and you have or are willing to develop a good relationship with a local CD/book/record store, they may be able to move enough product to make it pay off for you. You can estimate the cost of manufacturing a CD to be about $2.00 a piece for 500 copies or more. This doesn’t include the recording costs of course – this is simply for artwork and the physical packaging for the release.
Don’t bother with CD manufacturing if you rarely play live and the majority of your focus is online/digital sales. If you have a choice between professional mastering and making CDs, it probably makes sense to master your CD. It will make a difference in the sound.