This week has been a busy one for the music business as the ramifications of Astroworld Fest is still taking shape. Twitch has started a new program for musicians that live stream and Spotify is providing more tools for artists to measure and monetize their brands. Catch up on this week’s trending news topics in the music business with our top 5 headlines of the week.
In the music industry, it can be extremely competitive on the journey to reaching success, and artists always need to stay prepared along the way through goal setting. While most artists identify and become fixated on their career destination, it leaves room for disorganization if the right steps to get there aren’t thoughtfully developed and implemented.
Since 2019, the number one challenge that many musicians tell me they face is understanding & applying the guiding principles of growing your music business. By comprehending these principles, you’ll be pointed in the right direction for growth.
Thousands of musicians around the world have been impacted by COVID-19. From canceled performances to delays in songwriter royalty distribution, one of the essential groups of people that impact culture is being hung out to dry. There are tons of organizations stepping up to support artists like The Grammy’s Musicares and the Regional Art Commission. But if you’re an artist looking to provide some sense of financial security for you & your family, now is the time to set-up a system to generate income while traditional revenue streams are halted. Here are ten music-related products you can sell during the quarantine.