In an era wherein musicians are suffering for their rights to song, Kevin MacLeod—acknowledged for his prolific output—has amassed a $2 million net well worth by means of composing tune for decades without paying royalties, totaling to as many as 2,000 free recordings.
MacLeod is the brains behind Incompetech, a song-sharing website he founded in 1999. When it turned into hard to get reasonably priced music for tasks, games, and movies, he provided loose music.
MacLeod has established himself as the most famous composer for royalty-free tune at the internet. Several YouTube videos, memes, podcasts, or even expert productions have used his songs as the soundtrack.
“Once you make it, you don’t own it,” he said. That’s a part of the world now, and people utilize it in those ways whatever they choose.
He suggests doing away with copyrights because he feels that copying a music restricts its appeal and stifles creativity. As a result of his choice to distribute his music freely, Kevin MacLeod has become one of the world’s most successful composers.
Advertising, donations, and licensing fees contribute to Kevin MacLeod’s net worth!
The fact that a composer who freely distributes his work can make money seems nearly contradictory. The reason for MacLeod’s fortune is that, as opposed to coming from a single, substantial revenue source, his money is spread across numerous smaller ones.
MacLeod initially made money from the ad revenue generated on his website, which usually begins at a minimum of $500.
Because his songs were created under a Creative Commons copyright license, anyone could use them as long as they gave him credit.
MacLeod provides paid licenses to anyone who would rather utilize his tracks without giving him credit, even though his music is available for free with credit. These licenses cost $30 for one track, $50 for two, and $20 for each additional track in a collection of three or more tracks.
For him, this is a major source of revenue, especially from commercial and high-budget ventures. He also posts his compositions on his YouTube account, which has over 735k subscribers.
Kevin Macleod makes an average of $300–$400 every day and between $1.5k and $24.3k per month from his YouTube account alone, which may have played a significant role in the growth of his net worth.
In addition, MacLeod supports artistic liberty and uplifts other content producers. In exchange, his fans give him money through Patreon and other platforms to help him musically.
Also Read – Ward Lucas had collected a good sized internet well worth over a four-decade profession inside the media.
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