Licensing Manager Career Profile, Salary & Job Outlook
What does a Licensing Manager do?
Licensing Managers help secure and amend distribution agreements with record labels, distributors and music publishers. They ensure that copyright owners are properly compensated for use of their work, such as broadcasting radio and television. Licensing managers oversee the licensing department and monitor and coordinate fee collections, process fee payments, and maintain sync licensing databases.
How much does a Licensing Manager make?
According to ZipRecruiter, Licensing Managers maintain a national hourly wage of $19.78-39.02. This amounts to an average annual salary of $41,132 to $81,168 with the range widely depending on factors including skill and seniority level.
What impact does this career have towards the music industry?
Licensing managers help musicians navigate the often complicated world of licensing. Since they are experts in licensing, they are able to make sure artists are paid accurately and within a timely manner.
What is the job outlook for a Licensing Manager?
Forecasts show that music revenue will more than double to about $131 billion by 2030. According to the U.S. Bureau of Labor Statistics (BLS), job opportunities in the field (including Licensing Managers) will grow at a rate of 9% during the 2019-2029 decade.
How to kick-off your career:
- Have an interest in music licensing.
- Watch commercials, TV shows, and film and study the use of music.
- Explore the Clive Davis Institute at NYU x Billboard’s Music Essentials online course.
- Download Yellowbrick’s Ultimate Music Career Guide.
Learn from:
Mark Frieser
Music Industry Essentials contributor, Founder and CEO Sync Summit
Related Careers:
Licensing Assistant | Licensing Representative | Sync Licensing Specialist | Music Licensing Counsel | Copyright Assistant | Catalog Manager
