7 Music Royalties Tracking App Business Success Stories [2024]

Updated: November 19th, 2023
Start A Music Royalties Tracking App Business

Here are some real life success stories of starting a music royalties tracking app business:

1. ProductionCrate, LLC ($600K/year)

Chris Kelly, the founder of ProductionCrate, came up with the idea when he started making videos with his roommates in college and realized there was a demand for special effects. He created a website where he could store and share his assets, and it quickly gained traction. After a few weeks, he added sidebar ads and realized that he could turn his passion into a business.

How much they make: $600K/year
How much did it cost to start: $15
Current team size: 4

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I Bootstrapped A $600K/Year Video Production Company [10M Downloads]

ProductionCrate, a virtual studio offering royalty-free music, video effects, graphics and sound assets, bootstrapped to $600k/year with over 10 million downloads, and one million users, thanks to loyal customer retention rates of around 80% YoY growth at 120%.

About
CHRIS started ProductionCrate, LLC almost 15 years ago
Revenue
CHRIS grew the business to $50K/month
Costs
It cost CHRIS $15 to start the business
Read by 2,972 founders

2. Amazon

Online shopping from the earth's biggest selection of books, magazines, music, DVDs, videos, electronics, computers, software, apparel & accessories, shoes, jewelry, tools & hardware, housewares, furniture, sporting goods, beauty & personal care, broadband & dsl, gourmet food & just about anything else.

How much they make:
Where they're located: Indianapolis, Indiana, USA
Current team size: 1
Website traffic: 2.65B/month

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So... can you actually make money with a music royalties tracking app business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Spotify

Spotify is a digital music service that gives you access to millions of songs.

Where they're located: Nashville, Tennessee, USA
Website traffic: 384M/month

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5. Royalty-Free Music Licensing and Sound Effects For Video, Film and Youtube

Music licensing reimagined. The filmmaking industry’s go-to library of high-quality royalty free music for videos, YouTube, advertising and films from inspiring indie artists around the world.

Website traffic: 2.61M/month

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So... can you actually make money with a music royalties tracking app business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now