Today, songwriters, lyricist, and poet are making money with their lyrics.
HOW DO SONGWRITERS GET PAID?
Just like artists and musicians, songwriters can earn royalties and revenue on every song they create.
This means as a songwriter, you can earn money from downloads, streams, and live performances of your music. The more popular your song is, the more money you’ll make.
You just need to make sure you collect the royalties you’re entitled to when you release a song you’ve written, which are:
53. MECHANICAL ROYALTIES.
For every physical sale, digital download, or digital stream of your song, you’ll earn royalties as the songwriter. But you need to join a music creation platform to collect such money.
54. PUBLIC ROYALTIES –
A public performance royalty will be generated every time your song is played in a public setting like a live show, on the radio, or in bars and restaurants. Join a music creation platform to get started.
55. PLACEMENTS –
Film and tv companies can pay a one-time fee called a sync license to use your song in their show or movie. Join a music creation platform to get started.
56. RECORD DEALS –
If you sign a deal with a publishing company or a record company, you’ll be paid an advance or monthly salary to write and co-write songs to pitch to artists and media companies.
57. INDIE MUSIC PUBLISHERS
Indie music companies are always on the look-out for up-and-coming lyricists. Local independent music publishers are much more likely to accept your demo and sign you up compared to a major publisher, so it’s worth submitting to the smaller companies first.
58. ARTISTS LYRICS –
You can secure deals to get paid to write lyrics for artists.
You can help artists to write their lyrics after they hit the market with a song or in their limelight.
You may contact them online via email or social media. You’ll stand a higher chance of getting accepted if you choose the right artiste to approach and if you handle your writing skill professionally. If you’re an amateur songwriter, you can start with a lyric sheet to impress your artiste.
59. ORIGINAL SONG LYRICS FOR SALE.
If you write original, catchy song lyrics, you’re already a songwriter. Becoming a professional songwriter is just a matter of getting your lyrics out there and getting discovered and signed – which is perfectly possible if you keep trying.
60. SUBMIT SONG LYRICS FOR MONEY AT MUSIC CREATION PLATFORMS.
If you’d like to submit your lyrics to a website and get paid for them, here are some examples of Lyric and Song Libraries you can join:
- Songbay
- Premium Lyrics
- Lyrics
- The Songwriter’s Network
- Fan Music
- Smash Songs
- Ditto Music
There are lots of music creation platforms you can submit your songs to, like ASCAP, SESAC, BMI. In Nigeria, we have COSON and MCSN. To join these platforms, you’ll have to sign up and become a member, which might come with a subscription fee.
For any help contact Zodmox Music