How To Make It in the New Music Business book cover

How To Make It in the New Music Business by Ari Herstand Summary

How To Make It in the New Music Business
Ari Herstand
4.4 (904 Reviews)
Business
Career
Entrepreneurship
Aperçu
Points Clés
Auteur
Questions Fréquentes

Overview of How To Make It in the New Music Business

In a music industry transformed by streaming, Ari Herstand delivers the ultimate DIY blueprint. Rated 4.7/5 by professionals, this guide empowers independent artists with the 50/50 Split concept. Want to avoid band breakups while building sustainable success? This is your roadmap.

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Points clés

1

The New Music Business: Where DIY Artists Thrive

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The music industry has undergone a seismic shift. Gone are the days when success depended on being "discovered" by a suit-wearing executive. Today, DIY artists earn over $1.5 billion annually from recorded music alone, with 16,500+ musicians making $50,000+ just from Spotify. Artists like Ingrid Michaelson, Amanda Palmer, and Chance the Rapper have built thriving careers without traditional labels. Success now comes from understanding the business, mastering multiple revenue streams, and building sustainability. But what does "making it" actually mean? True success isn't about reaching Beyonce-level fame - it's about using your creative talents to pay all your bills. Just as we don't consider local coffee shops "failures" because they aren't Starbucks, musicians shouldn't view themselves as unsuccessful simply because they haven't achieved superstardom. The sobering reality? Over 98% of major label signees fail commercially, and today's labels prefer signing artists who've already built substantial followings rather than developing unknown talent.

2

The 50/50 Rule: Balancing Art and Business

3

Building Your Modern Music Team and Studio

4

Release Strategy and Artist Identity

5

Building a Loyal Fanbase Through Engagement

6

Developing Multiple Revenue Streams

7

Your Path Forward in the Digital Music Era

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"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
platform
star
star
star
star
star

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
platform
comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
star
star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
star
star

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
platform
star
star
star
star
star

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
platform
comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
star
star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
star
star
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