The music industry is made up of the many people and organizations who make money from music, composing and performing music, producing and selling recorded music, presenting live performances and the many organizations which help, train, represent and provide musicians. All these people and many more join together in the industry to share their talent, get recognition and earn money. The music industry also includes the record labels, publishers, managers, agents, music producers and many others. The most famous music industries are the music publishing industry and the music publishing companies. But there are others too which include emerging music industries like the internet music industry and the new music industries like online music industries, radio music industries, dance music industries and music video industries.
Singers and musicians earn money on two distinct methods; through writing songs and through performing live. Writing songs is considered as a profession whereas performing live performance is considered as an art form. Most of the contemporary singers and musicians earn their money through writing songs and performing live. These songs are composed to be sung or played back in front of large groups of people in music studios, auditorium, or bars and restaurants. Some popular singers and composers have composed hit songs which have sold millions of copies.
The music directors look after the complete music tracks including the music lyrics and the music arrangements. Music directors are in charge of recording sessions, songwriting, arranging, producing, scoring and many other tasks. Many new artists are very successful nowadays because they need help of music directors in the recording sessions. Professional musicians and singers can earn a lot of money only if they perform live at the studio or in front of large gathering of people.