What is stock music and why is it so important to know more about it? As mentioned many times before, the Internet offers many opportunities to earn extra money. Musically talented individuals can create and offer products that are in demand online. What kind of opportunities can you get by offering stock music? Read the article to find out more.
Stock Music – Index:
What is stock music?
Two types of stock music
Stock Music and Production Music
Exclusive and non-exclusive music libraries
What is stock music?
Stock music includes all types of music tracks, such as jingles, songs, and others that have been recorded and can be purchased from the music library. The creator of the song does not have in mind a specific project for which his music is intended. The track can be used in many different ways, it can be applied as an enrichment for films, advertisements, podcasts, online courses, applications, games, and other audiovisual projects.
Stock music differs from other types of music tracks in that it can be used austria whatsapp number database and is more versatile. As mentioned, the creator does not know how the track will be used, so the composition is made to be universal. What kind of characteristics are expected from a stock music track?
Easy to cut, edit and repeat – such a track can be adjusted to the project requirements and customer needs.
Not distracting – Stock music is usually used as a background for the project, so it should not be the center of attention. Stock music should not distract, but rather spice up the film or other visual material.
What is stock music
Two types of stock music
Stock music can be divided into two categories: licensed and royalty-free. What are the differences between these two types of stock music?
Royalty Free Music
Let’s discuss royalty-free music first. Despite appearances, royalty-free music is not free. In order to access such music, one must pay a one-time fee that will allow the individual customer to use the track indefinitely and without limits. What should be noted here is that the creator of the music does not waive his copyright. This means that if the track is used on TV, the author is still entitled to royalties for that field of use. Royalties are not paid by the customer himself, but by the Performing Rights Organizations. The customer must complete and submit the documents to the appropriate PRO when the track is used on TV.
Licensed music
Licensed music, as opposed to royalty-free music, is more restricted in use and more expensive. The music is created with a specific project in mind and some royalties must be paid. To define the correct scope of restrictions and set the price, a few things should be taken into account:
the type of project – game, YouTube movie, TV show, and so on.
Distribution channel – Where will the music be distributed? How many people will have the chance to see the material? Is it an event or an online publication?
form of promotion – How will the material be promoted – on TV, the Internet or on the radio?
the customer itself – who is purchasing the license? Is it a private customer or a company (how big is the organization?)
Stock Music and Production Music
Both terms mean the same thing. They refer to compositions that have been created specifically for an audiovisual project, such as video games, movies, TV series, etc. By the same logic, we can say that stock music libraries and production music libraries are no different.
Both libraries offer tracks that are available immediately. This means that the music is not custom-made and no one has to wait for it to be composed. Unlike stock music and production music, custom music is the more expensive solution. You have to take into account not only the price, but also the waiting time for the track to be completed.
Exclusive and non-exclusive music libraries
There are two types of stock music libraries: exclusive and non-exclusive. Let’s take a look at both types.
Exclusive music library
The author of the track, by submitting it to the library, authorizes the library to be the sole seller of the track. This means that the author cannot submit his track to any other library, because this would be related to the termination of the contract and other negative consequences. This type of agreement is not always beneficial for the author, especially when the track is not particularly popular on the given service and does not sell well. In this situation, there is no possibility to reach customers through other different platforms. In addition, exclusive music libraries have very high expectations – they demand high-quality tracks.
What is Stock Music? What Do You Need to Know About It? – Create and Sell Digital Products
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