The existence of You Tube has
created a new way for songwriters to earn money from their music. Whenever a You Tube video is created that
contains one of your songs somewhere in the audio content, you have the right
to monetize the video and collect a portion of the advertisement revenue
created. This is true for videos that
you create on your You Tube channels and videos that other people create on
their You Tube channels which include your music.
For videos that you are creating on
your You Tube channel, the process is fairly straight forward. You just need to set up your You Tube channel
to be able to monetize your videos. There
are several features that can be unlocked in the Status and Features page under the Channel heading of your You Tube channel (Dashboard – Video Manager
– Community – Channel – Analytics –
Create). If you are a member in good
standing, these features become available after different criteria are met
(vary depending on desired feature). You
must also open a Goggle Analytics account and connect it to you You Tube
channel (fairly straightforward). Once
everything is set you will be able to monetize any of the videos you create for
your You Tube channel. This means you
aren’t really getting any advantage out of including your original music
because you already get to monetize the video (since it is your video and
contains no 3rd party content).
You Tube does report royalty
information to artist royalty associations like ASCAP and BMI, but only after
the video containing your song has had a significant number of views.
The advantage comes from having
your songs appear on other peoples videos.
Even though the video was created and uploaded by someone else, the fact
that it contains your copywritten song prevents this other person from being
able to collect advertisement revenue.
It also gives you the power to have the video taken down, have the song
removed or monetize the video yourself.
This third option allows you to collect advertisement revenue on another
person’s video since it contains your song.
In order to do this, your songs must be registered in the You Tube
Content Id system. This is a software
system that searches all of the content on You Tube for matches to your
software. Companies like Tune Core and
CD Baby have the ability to provide this service for you. They register all of your songs into You Tube’s
Content Id system through their registration license. You Tube pays the ad revenue to them. They keep a percentage (for their services)
and give the rest to you. Another
company that provides this service is Audiam.
This company provides only sync licensing whereas the other companies primary
service is providing a way to sell your music.
I don’t have any experience with
Tune Core, so I cannot speak about the quality of their sync licensing
service. I have had some experience with
Audiam and even more experience with CD Baby.
Next week I will discuss more details about sync licensing through these
companies. I will also discuss the possibility
of handling your own sync licensing independent of these companies.
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