Wednesday, 24 June 2015

Music Artists - Music Videos/Synergy/Promoting/Income

Music Artists
How do they make money from music videos?

YouTube

YouTube is one of the main platforms which music artists now use to make profit from their product. YouTube is a social media website and one or is the most popular.

How does YouTube works?
YouTube is formed as a social network data base for uploading viewable videos which can be ranged from different genres and styles. It first had started off as being a data base for videos that friends and family could share. 

Now it has become a social network for users to like favourite and subscribe to certain videos & channels, which they can support. The channels can display a various amount of videos which one individual has uploaded, the individuals are known as 'You Tubers'. 

For each subscriber they get can popularize their channel, this means that if they are able to have a certain amount of audience they can make money of their video’s from corporations paying them to advertise their products on the user’s channel & videos.

Its main use has now developed into an online advertiser by different sorts of corporations.

YouTube now works from the business side of things. The statics of a video, ‘views’. From receiving the more views gives opportunity to your channel on making money from it. YouTube is all about advertisement, just like any other social media corporation in modern day, its all media and marketing. If you receive a high amount of views, different corporations would contact you to be able to advertise their products on an individual video of yours or even more.
This is one of the main factors of how a music artist makes money from using YouTube as a platform for their product.

YouTube – Views = Popularity = Advertisement.

Purpose to promote their music
For an artist they would need to predict the views for their video in order to allow corporations to pay them for advertising their products through the artist’s video.
Depending on the audience of the artist, the corporation would research on the audience and provide a target audience for the product to see if the product would appeal to them.

                                Social Networks – Twitter/Facebook

Music artists also use other social network sites including Facebook, Twitter and Instergram etc. This is to share their news and promote their product by implementing it onto other people’s newswires.
From promoting their product onto twitter or any other social media it would be shared to their fans, spreading it around to all their contacts which would spread around like wild fire. 

Music artists are now given more opportunities chances to become successful, because of the modern day. The world is now globally connected, from the use of social media. Social media allows different types of careers to embark on more possibilities, because of the world being connected; it is now easier to promote whatever you aspiring to achieve, just from uploading different materials.

Not only music artists can make money from social media, but from selling their product through downloads from iTunes or other conglomerates. Although in time of day music can be stolen from burning tracks illegally and downloading them without purchasing the product. 

This is why music artists don’t just rely on selling copies of their product. Instead they do use YouTube and for that reason, for a fan to find the official music video of the song, it is free for them to use; so that for the artist they would only make money from corporations advertising through the video, its collaboration.

Speaking of collaboration, music artists now immerge into an advertisement segment in media. For that reason music artists now collaborate with other media sectors or corporations by creating a ‘synergy’.

Synergy
A synergy is two conglomerates working as one to get the best result from the outcome, for instance ‘Sky fall - James Bond film’ had co-operated with the song Artist ‘Adele’ with her song ‘Sky fall’. This was collaboration in partnership to advertise both sides to get good marketing. And this occasionally works; in fact that synergy was one of the biggest successes.
There is quiet frequently a lot of opportunities for song artists in this day and age it has changed the concept of a music artist and has pushed forward a global market for them. Although they do also make the most of their money, the old fashioned way, concerts. Music artists would make the majority of their money from concerts because of the amounts of money paid for a ticket to watch them, although they would need to be very popular. The more popular they are the more the price goes up for a ticket.        


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