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SongShop is Paving a New Revenue Model for Songwriters and Artists
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SongShop is a website built to help independent songwriters advertise their song catalog and pitch to artists from all over the world. We're talking to the founder, Steve Gerein! It's also a place where independent artists & bands can go to find original songs to record as their own. SongShop gives artists an entire library of songs to search through and record because SongShop says that finding the time and having the proper network connections to get these songs pitched can be an uphill battle.
Today's episode covers:
SONGWRITERS:
- How SongShop advertises your songs to artists who might be interested in recording them
- How to pitch songs directly to artists via the Pitch Platform
- Earning revenue by instantly getting a cut of the license fee (determined by your membership tier), plus any royalties outlined in the license agreement
ARTISTS & BANDS:
- How to Purchase your desired license (Standard or Exclusive)
- Building a relationship with the Songwriter (because when does that happen!?)
LICENSING & MUSIC BUSINESS:
- What does a license look like?
- What's the difference between a Standard and an Exclusive songwriting License?
- What you need to know about mechanical royalties, streaming, and performing cover songs
- Best practices when it comes to writer's share and BMI.
DOWNLOAD MY NEW FREE GUIDE: 5 Steps to Monetize Your Passion
SongShop's Website
SongShop's Instagram
Funktastic Chats website
Chapters
1. Introduction (00:00:00)
2. Who are we pitching songs to? (00:02:36)
3. How does Songshop work for SONGRWITERS? (00:03:12)
4. How does Songshop work for ARTISTS & BANDS? (00:05:04)
5. Why every musician needs a website (00:07:46)
6. Allowing writers to keep 100% of their royalties through Songshop (00:11:41)
7. Why artists should be releasing cover songs (00:12:33)
8. What is the difference between Standard and Exclusive licenses? (00:14:19)
9. How Songshop lets Songwriters and Artists network and connect with each other (00:15:30)
10. What have users been saying about songshop? (00:16:33)
11. How Songshop brings older songs you wrote back to life! (00:19:44)
12. How SongShop is paving a new way for Songwriters to get paid (00:20:10)
13. How Steve learned the legal aspects of the music industry (00:21:48)
14. How Purchasing a license to cover a song is different than Distrokid, etc. (00:25:35)
15. Why there's not enough awareness of the business side of our industry (00:27:40)
16. Writer's Share, BMI, and what to look out for in the studio (00:28:55)
17. Thanks, Steve! (00:35:02)
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