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Pitch Mar...

Musicians often spend countless hours keeping track of where and how their tracks are being used. Mismanaged licenses can mean lost revenu...

music licensingroyalty managementlicense trackingsong rightsmusic contracts

Keyword Analysis

Primary Keyword: music licensing

1 Year Volume

2,800

Growth

+25%

CPC

$2.75

Competition

MEDIUM

JanFebMarAprMayJunJulAugSepOctNovDec3,3222,4921,6618310

Keyword Summary

The 'music licensing' keyword shows moderate growth at 25% over the past year, with a stable monthly search volume averaging around 2800. The niche market has a medium competition level, which presents a viable market opportunity. Notably, 'royalty management' and 'music clearance' are showing significant growth, indicating emerging interest and potential areas for expansion within the music licensing sector.

Fastest Growing

  • royalty management: 1,500 (+180%)
  • license tracking: 500 (+120%)
  • song rights: 1,800 (+75%)
  • music contracts: 2,100 (+60%)
  • music clearance: 400 (+200%)

Highest Volume

  • music contracts: 2,100 (+60%)
  • song rights: 1,800 (+75%)
  • royalty management: 1,500 (+180%)
  • music licensing: 2,800 (+25%)
  • music clearance: 400 (+200%)

Most Relevant

  • royalty management: 1,500 (+180%)
  • license tracking: 500 (+120%)
  • song rights: 1,800 (+75%)
  • music contracts: 2,100 (+60%)
  • rights management: 300 (+50%)

The Problem

Independent musicians face constant challenges in managing music licensing. With complex contracts and varying licensing terms, it's difficult to keep track of where and how their music is being used....

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The Opportunity

The global music industry generated over $23 billion in 2020, with independent artists seeing rapid growth. Yet, many of these artists struggle with the administrative side of royalty management....

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Feasibility

Building a music licensing management platform is feasible with today's web technologies, offering integration with popular music distribution services and social platforms for real-time data access....

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Why Now?

With the rise of self-publishing in the music industry, there's a growing demand for tools that support independent musicians' business needs. As digital platforms become more prevalent, ensuring prop...

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Business Fit

Targeting independent musicians and small record labels, this tool fits those needing to protect and manage their music licenses effectively. They face the dual pressure of ensuring their music is used correctly while focusing on creation and performance.

Proof

Communities like Reddit's r/WeAreTheMusicMakers and various Facebook groups for indie artists highlight frequent concerns over licensing and royalties. Current market solutions often lack the specific tools for tracking and managing multiple licenses in one place, leaving a notable gap.

Market Gap

Current solutions either focus solely on royalty tracking or licensing but fail to integrate both seamlessly. Many artists resort to manual tracking methods which can be error-prone and time-consuming...

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Execution Plan

Begin by creating a core licensing dashboard that syncs with popular music platforms. Next, focus on building features for automated alerts and license verification....

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Idea Evaluation

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Business Fit

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