Intellectual Property Digest

MUSIC BUSINESS HUB SERIES #5 (PART 2)

TOP PROFITABLE MUSIC BUSINESS OPPORTUNITIES FOR MUSICIANS

13. Start a YouTube channel
YouTube is a fantastic discovery platform for musicians. If you’re trying to make a name for yourself, starting your own YouTube channel is a must. But aside from the promotional benefits, you can also earn money directly through YouTube too.

The most straightforward way to make money on YouTube is through Adsense. Once you reach a certain number of subscribers and views, you can run ads on your music videos to monetize them and earn revenues based on the number of people that view those ads.

Another way to monetize your YouTube channel is by using it as a platform to promote your online store, or by promoting affiliate offers such as Amazon affiliate links for the instruments you play.

14. Use Content ID to earn revenue from other YouTube videos
Aside from earning ad revenue through your own YouTube videos, you can also monetize other people’s YouTube videos if they use your music without permission.

Thanks to YouTube’s content ID system, copyright holders can automatically identify videos on the platform that use their copyright-protected content (this includes the beats, music, and audio that you create). And once you find them, you can ‘claim’ the video. When you do so, YouTube will place ads on it and collect the ad revenue on your behalf.

However, YouTube only grants content ID to copyright owners that meet certain criteria. So the easiest way to go about it is to sign up for and submit your beats to a content ID company that can take care of it for you. We’d recommend Airbit.

15. Sell lyrics
If you’re a talented lyricist, you can make a lot of money selling your song lyrics to other musicians. There are plenty of platforms such as SongBay and SoundBetter that can facilitate this.
...... To be continued

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INTELLECTUAL PROPERTY:
The benefits AI can bring to the intellectual property landscape

by Leigh Mc Gowran

Aon’s David Andrews explains how machine learning and generative AI can reduce legal costs and accurately predict patent case outcomes.

Read more on:
https://www.siliconrepublic.com/machines/ai-machine-learning-intellectual-property-ip-law-aon