Quote:
Originally Posted by DavidG79  Hi Everone,
I have about 22 full tracks... |
If 22 tracks are "all your eggs" then you need MORE eggs!!!!! Put these 22 in either library. Write 22 more, put them in the other library. You are never going to make a TON of money with 22 songs regardless of which library you put them in. So to really not "put all your eggs in one basket" you need a lot more eggs and spread them out over more companies.
The key to music licensing is VOLUME (and I don't mean loudness)!!! I think Dr Bill said he has over 500 songs out there in circulation and he's starting to see a decent return now. The company I work at has over 20,000 and grows by a few hundred EVERY THREE MONTHS!!!
Look at your 22 songs as 22 shares. Sure that's great... but 22 shares of any stock isn't going to make you a ton of money. And if you would say to any broker, "I want to buy 22 shares of stock, but I don't want to put all my eggs in one basket, so how should I diversify my 22 shares?" The broker is going to ask, "uh, did you say TWENTY TWO? ...Call me back when you are talking about 22,000 or maybe 220,000..."