The episode delves into monetizing artistry, exploring various revenue streams available to artists, such as live performances, merchandise sales, and sync licensing. Kofi Kyei shares key insights on building a loyal fan base and the complexities surrounding distribution and rights management, emphasizing the importance of diversifying income and investing in sustainable business ventures.
• The importance of multiple revenue streams for artists
• Building and maintaining a loyal fan base
• Understanding the complexities of studio agreements and rights
• The role of distribution in generating income from music
• Expanding one's brand beyond music to secure financial stability
• Developing a proactive strategy for engaging with audiences
• The impact of live performances on overall revenue
• Navigating the pitfalls of entitlement in the creative industry
• Creating sustainable business models for lasting success
• The significance of collaboration and clear agreements in the studio
Watch the video episode of this on YouTube - https://linktr.ee/konnectedminds