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md2Participant
could be external distribution via Audiosparx (if you are with them) – look on your external distribution report – Smoke City Records is a sub label of Ameritz Music Ltd?
August 19, 2017 at 1:11 am in reply to: What's your number? What are your earnings expectations? #27948md2ParticipantI’ve been writing music for about four years and have about 300 tracks that make me about $600 a month, so on average $2 per track per month. Although that $2 per month figure is falling as the market becomes swamped with music.
I guess the dream would be to get up to 1000 tracks and nearer $2000 a month and then consider giving up the day job 🙂 But even then you’d have to keep writing new tracks as old ones fall out of favour and music trends change.
md2ParticipantOther ideas ummm..
Add tracks to new promising libraries – have given the far east one -Motion Elements a go, bit like P5 – no success so far….
Experiment at changing price point for tracks (up or down)
Listen to your old tracks ( I was shocked at some of my older ones – especially the distortion on a chorused fender rhodes EP sound I use quite a lot – have managed to fix this issue)
md2ParticipantMy three would be:-
Don’t be lazy – work harder and write more tracks (still struggling on this one 🙂
Have a good look at search ‘tags’ (you use in libraries for your tracks) to see if you can make them more relevant to your music, and maybe use more popular ones people search for. (another thing I have got to do 🙂
Spend more time playing music / practise / learning new ideas / listening to loads of music – to become a better musician and hopefully write better music.
md2ParticipantHi Gabriel,
** Disclaimer I am not a tax expert ** but here’s what I have found out.
You don’t need to obtain a SSN or ITIN from the IRS, as the U.S. has a tax treaty with the Portugal ( https://www.irs.gov/pub/irs-trty/portugal.pdf ), you just need to give your Portuguese tax ID number and quote the treaty article 13.2 , then whoever pays you royalties from the U.S. will withhold 10%
On the W8-BEN form ( https://www.irs.gov/pub/irs-pdf/fw8ben.pdf ) fill in Part One Sections 1-4 , leave section 5 blank , section 6 enter your Portuguese tax ID , leave section 7 blank , section 8 enter date of birth.
Part Two, Section 9 enter “Portugal”, Section 10 enter “13.2” then in the next blank “10” % , next blank section type of income I’d guess would be “music royalties”
Sign it at the bottom and job done.
Hope this helps.
Cheers
Markmd2ParticipantHi Andrej,
** Disclaimer – I’m not tax expert **
The link I gave above http://www.upenn.edu/pennpress/about/taxforms.html ,scroll down to near the bottom and you will see in the table – USA has a treaty with France section 12.2 and they will withhold 5% of your royalties.
Here’s the IRS tax treaty between USA and France again scroll down to section 12.2 which confirms this : https://www.irs.gov/pub/irs-trty/france.pdf
Hope this helps.
Cheers,
Markmd2ParticipantHi Greystone,
** Disclaimer I am not a tax expert ** but here’s what I have found out.
I found this article : http://www.upenn.edu/pennpress/about/taxforms.html
You don’t need to obtain a SSN or ITIN from the IRS, as the U.S. has a tax treaty with the Germany , and just need to give your German tax ID number and quote the treaty article 12.1 so no tax will be deducted by the IRS.
On the W8-BEN form ( https://www.irs.gov/pub/irs-pdf/fw8ben.pdf ) fill in Part One Sections 1-4 , leave section 5 blank , section 6 enter your German tax ID , leave section 7 blank , section 8 enter date of birth.
Part Two, Section 9 enter “Germany”, Section 10 enter “12.1” then in the next blank “0” % , next blank section type of income I’d guess would be “music royalties”
Sign it at the bottom and job done.
Hope this helps.
Cheers
Markmd2ParticipantI’ve earned about $3 dollars from them so far in two years – the first royalty cheque was for ……$0.01 lol 🙂 All I’d say is look very carefully at the T&C and what percentage cut you will be getting – I don’t think it’s much.
md2ParticipantDo you have a web link John,
When I google them keeps coming up with mobile DJ lol 🙂 cheers Mark
md2ParticipantHi John,
Try this link and click ‘Artists’
https://emergemediagroup.co.uk
They sell the tracks to Mood Media Europe for in-store licensing and payout every quarter.
md2ParticipantAnyone here? 🙂
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