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5 ways to make money in the music industry 2022

  • Writer: Savaalmagazine
    Savaalmagazine
  • 15 hours ago
  • 3 min read

So, you want to make money in the music industry. Musicians now have more control over their careers than before. You can record, distribute, sell, stream, and promote your music with many affordable tools and platforms. Nevertheless, one of the biggest challenges is how to make money in the music industry. Some of you may be thinking, “I don’t want to perform but want to earn money as a musician.” Fret not! There are many other ways to fetch you money, sometimes even more than the performers.

Given below are the top five ways to make money in the music industry in 2022. While some of the revenue streams may seem obvious, others might surprise you. Hopefully, this list sparks some ideas for you to generate more income in your music career.


1. Video game composer:

Yes, you can make money in the music industry through your favorite pastime – video games. Working closely with game designers and developers, this profession requires a person to compose original soundtracks for video games. As video games have grown more complex, intricate, and immersive, so too have the soundtracks that accompany them. Unlike movie scores, video game scores require responding to different modes of gameplay. While films and televisions have a passive experience, video games are more interactive, thus requiring composers to work differently.


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Although a college degree isn’t required for a video game composer, you do need to have a solid understanding of traditional music scoring techniques such as orchestration and composition. You can do crash courses or if you’re willing, many colleges across the world offer degrees in this domain.


Who knows, you could be creating the next popular original soundtrack similar to ‘The Witcher or ‘Dragonborn’!


2. Music attorney:

A music lawyer is a specialized attorney who deals with legal issues surrounding the music industry. They are trained to handle a variety of legal issues like contract management, copyright claims, trademark disputes, artist representation and many more.


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If you want to make money in the music industry by being a music attorney, you must first be well versed in copyright law. Most of the issues that reach court are cases of copyright issues. You will also be responsible for drafting agreements and facilitating contract negotiations.


The pay increases depending on whom you’re hired by. Being one of the highest-paying jobs in the music industry, you might be looking at the fastest way to success.


3. Music Journalist:

This is what we do here at Savaal – covering concerts, featuring artists, conducting interviews and reviewing albums. Music journalism can also involve freelancing and writing about the local music scene. It ranges from print publications to online journals, magazines, and broadcast media outlets. Think about it, you get to listen to all kinds of music, attend concerts, and share what you thought about it. Quite a fun way to make money in the music industry.


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This field requires you to have solid reporting and writing skills. You also need to be on the lookout for the latest news in the industry to write about it before anyone else does. Interviewing skills, and having a bachelor’s degree in journalism is a major plus!

4. Songwriter:

If you don’t have a singing voice but can whip up great lyrics, songwriting may just be the job for you. You can create hundreds of songs for any singer in their career, and make a mark without having to sing. A lot of famous artists get their materials from songwriters, instead of writing them themselves.


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You can get a handsome amount from selling songs through royalties ad thus make money in the music industry. No special degree is required for songwriting. You just start penning down your creative ideas and making connections with recording studios. You can also record samples for distribution.

5. Mixing engineer:

A mixing engineer makes money in the music industry by taking unmixed recordings from an artist and mixing the song in their preferred DAW (Digital Audio Workstation). They combine different sonic elements of an auditory piece into a complete rendition, whether in music, film, or any other content of auditory nature.


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You can take a digital soundboard to mix and build your songs from scratch from home. But despite the technology, music mixing is best handled by a seasoned professional, but you can also become one with a little practice and an easy certification process.

The above are the top five jobs that guarantee you high pay in the industry. Some of the other ways to make money in the music industry include sound engineering, recording engineering, music teacher/professor, orchestral musicians and conducting, and music direction. This industry is currently growing at a tremendous speed, making it possible for more and more unique positions for you to grab.


Get going, and make money in the music industry. 2022 might just be the year you catch your big break!

 
 
 

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