How does band make money?

So, let's delve into the question of how bands make money. Now, I'm sure you're aware that there are numerous ways for a band to generate revenue, but let's break it down to the basics. Firstly, there's obviously live performance. Bands earn money through ticket sales, merchandise sales, and even sometimes through sponsorships or endorsements at their concerts. Another significant source of income for bands is through record sales and streaming royalties. As more and more people turn to streaming services to listen to music, this has become an increasingly important revenue stream for musicians. Additionally, bands may also earn money through licensing their music for use in films, television shows, advertisements, and other media. And let's not forget about brand partnerships and endorsements – many bands have partnered with companies to create limited edition products or promote their services. But ultimately, the success of a band's income stream is heavily dependent on their ability to build a loyal fan base and market themselves effectively. So, how does your band plan to monetize its music and reach new audiences?