You could fill a library with books on people who wanted to become rappers or other type of musician but didn’t make it because their talent simply wasn’t needed at that point. It takes a special set of skills to be a musician, and a perfect timing as well. This is why being a music producer may be a much better option. If you complete a music business degree, you will have the opportunity to be involved in the world of music, build your skills as a musician if you want to be one, and have the inside knowledge required to know when your personal skills are and are not necessary.
The music producer is the person who truly holds the entire business of music together. If there is no music producer, there also isn’t any music. As simple as that sounds, the reality is that it is hugely complex. When we think of music, we think of stage musicians. The millionaires who entertain entire stadiums, filling them with thousands of people. The music producer is behind the scenes and doesn’t get that type of limelight, but their skills are incredibly necessary – and surprisingly glamorous.
When you are a music producer, you can do more than work with a single artist. You can work with many different people, including television programmers, movie directors, publishers, songwriters, and various other artists. Traditionally in music business, you will get paid upfront as a producer to finish the job. And, once your job is finished, you will receive royalties if your project was successful. The last person to get paid is the recording artists, actually, something that few people are aware of. Artists often don’t like this concept, but the reality is that there has to be a way to acknowledge just how important the producers are.
AS a music producer, you can also earn a living in other ways, particularly if you also have other skills. For instance, you could write a scoring soundtrack, or you could write a jingle for a radio commercial. You can expect, once you are established, to collect around $200,000 upfront for the work that you do, often long before the general public will get to hear your song. If the song flops, and the artists therefore doesn’t get paid much at all, it means you, as producer have already gotten paid. Even though it means you won’t get royalties, you certainly won’t starve either!
Interestingly, although music producers are hugely important, and very highly paid, they are also poorly recognized. Name your favorite album, or even your favorite artists, and it is likely that you will have no idea who their producer is. There are some notable exceptions, but those tend to focus on musicians having disagreements with their producers, and not on the talent of the producer. If you are truly interested in the world of music, and are considering studying music business, why not go through your favorite albums and find out who the producer is?