Let’s take a second to admire the affordability of the latest and greatest technology of 2021. This list would be entirely different if it were written 3 years ago, and let’s face it – within 6 months this list might as well be updated. I’d like to keep this list as simple as possible so I’ll name 3 microphones at 3 different price points and give my opinion on why I think they’re the best of today. These microphones were all chosen based on their versatility at their price point and not necessarily on the type of microphone they are. Lastly, I’ll keep this list COVID friendly and under $1000. Let’s get started!
Coming in at the most affordable of this list is the obvious AT2020. The little brother of the AT4040 (that’s been a workhorse for many studios) is a great start for anyone that wants to get their feet wet. It’s a simple and easy-to-use medium-diaphragm condenser microphone. Just be sure to flip that +48v switch and get started. Price $99.
This microphone has been put side by side with some of the most expensive big-name Neumann’s under the same signal chain and has stood its ground. It’s versatile, durable, and great on pretty much anything. Side by side and pound for pound this microphone will sound good on just about anything. Weighing in at $499, you’ll consider it money well spent.
There’s a lot of controversy over Slate’s VMS, but its groundbreaking technology has paved the way for a new niche in the market. One microphone that can emulate the sounds of other microphones with the flip of a switch. The only limitation is that sometimes you need more than one. A larger system will run a pretty penny, but for a single microphone in a home studio setup, this will go a long way. You can choose different microphones, pre-amps, and emulations until you drop. A vintage U47 can run up to 45,000 for a single microphone, and this system will run $999.
There are many way to get your music out to the public, one of the most common ways of doing it is by earning through plays on every stream. Streaming services vary from anything on Youtube or Spotify to Apple Music and even Amazon!
Here is a list (from highest to lowest) of the most used music streaming websites and how much they pay per stream, download, play and/or share:
Napster: $0.019 per stream
Tidal : $0.0125 per stream
Apple Music: $0.00735 per stream
Google Play Music: $0.00676 per stream
Deezer: $0.00640 per stream
Spotify: $0.00473 per stream
Amazon Music: $0.00402 per stream
Pandora Premium: $0.00133 per stream
YouTube: $0.00069 per stream
Soundcloud is by far the most complicated service at the moment. Rates vary depending on the countries that play the music and you would need access to monetize your account either directly or though an affiliate distributor. Most accounts don’t make any money at all, and the ones that are monetized are paid based on how many people click the ads on the streams.
Here’s a general breakdown: $0.0025 to $0.004/stream (~$2.50–$4.00/1000 plays.)
It’s an average of about $3 / 1000 plays.
That being said, the pay also varies depending on what country that play comes from.
How to earn the minimum wage?
Here’s a breakdown of what it would take to make about $1,160 per month in the United States for each streaming service:
Tidal : 92,800
Apple Music: 157,823
Google Play Music: 171,598
Amazon Music: 288,557
Pandora Premium: 872,180
How to get started:
A easy way to get started on monetizing your music on streaming services is by reading our blog on Music Distribution. You’ll see a list of the top music distribution sites, rates, and royalty splits (if any). Check that out here:
Depending on the platform on where your music gets heard, you may find your checks coming in a little fatter. This information may be useful to you to determine where you want to focus your marketing strategy. You might find that Youtube has a larger audience and it may be easier to rack up your streams, but the pay is substantially lower.
Depending on your individual goals you may opt to try to push your existing audience to follow you and listen on a more suitable streaming service.