Musician Platform

2 Musician Platform Success Stories [2024]

Pat Walls

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Updated: October 10th, 2024

Musicians often struggle to find the right opportunities to showcase their talents. Enter the musician platform, a dedicated digital space designed to connect artists with gig opportunities, collaborators, and fans.

This business idea revolves around creating a comprehensive online hub where musicians can easily manage their career needs—from booking live performances to networking with industry professionals.

By leveraging technology, this platform streamlines the often cumbersome process of marketing and networking. As a user, you'd spend time curating profiles, managing bookings, and engaging with your audience through regular updates and live streams.

If you're passionate about music and have an eye for technology, launching a musician platform might resonate with you. It's a chance to support artists while tapping into the burgeoning digital music landscape.

In this list, you'll find real-world musician platform success stories and very profitable examples of starting a musician platform that makes money.

1. The Recording Revolution LLC ($1.2M/year)

When Graham was laid off from a finance startup that ran out of money, he wanted a freelance source of income. Eventually, he started blogging about his experience in studio as an audio engineer while in college. This content resonated with a huge audience on google and youtube, and Graham ultimately decided to monetize them through courses and bootcamps.

How much money it makes: $1.2M/year
How much did it cost to start: $500
How many people on the team: 1

How I Generate $1.2M/Year Working 5 Hours Per Week With Audio Online Courses

Recording Revolution founder, Graham Cochrane, generates over $1.2m per year whilst only working five hours per week, through his online music education business that teaches people how to record and produce their own music at a professional level from home.

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2. Songstats ($828K/year)

Oskar Eichler, co-founder of Songstats, came up with the idea for his business while working as a label manager and DJ in Shanghai. Being involved in the music industry, he recognized the value of data analytics for artists and record labels and wanted to provide a platform that aggregated insights across various music services. After teaming up with his co-founders, they built Songstats and now have over 6,000 customers generating almost $1 million in annual recurring revenue.

How much money it makes: $828K/year
How much did it cost to start: $400K
How many people on the team: 8

How These Friends Bootstrapped A $1M/Year Business Out of Their Love for Music

Songstats is a music data analytics SaaS platform that aggregates insights across 14 different music services, approaching $1 million in annual recurring revenue and growing its team of music lovers, ultimate frisbee players, and close friends that came together in Bali, Indonesia with a shared vision of launching their startup.

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