Sick of your job? Tired and broken? Maybe you want to find a way to earn some extra passive income this holiday season? Okay, we have a very simple suggestion: The next time you have a few hours to kill, boil a pot of eggs, light the chimney, drench the hall with holly coughs. Write a christmas song. In fact, you simply cannot write a random Christmas song that no one ever hears. You need to write a hit Christmas song. A song that is very dear, it will be played for years to appear in dozens of celebrity covers and films, TV shows and radio playlists.
Sound too true? Well, we will admit that in general, writing a hit song is difficult. But listen to the radio for five minutes and you will know that it is definitely not impossible. And we are telling you here that if you are going to try to write any kind of hit song, you would be very wise to make it Christmas friendly. There is one Massive luck Out to the tombs there.
Christmas songs may not be played throughout the year, but they are what the industry calls “Evergreen“. Unlike a normal pop song, which has a life span of 3-4 months before being isolated to something new and Shinier. Christmas songs keep coming back every year. Also, Christmas songs are arguably the most covered. The type of song is. The World. Every year, hundreds of popular artists from every musical genre around the world, stand in line to pay top dollar for the rights to cover a popular Christmas song. So, if you’re a If you write the classic Christmas successfully, you can see how much money. Song? Below is a list most profitable Christmas Songs:
Top grossing Christmas song (annual royalty):
# 1) Slade – “Merry Christmas Everybody” (1973): $ 840,000
# 2) The Pogues – “Fairtail of New York” (1987): $ 630,000
# 3) Mariah Carey – “All I Want for Christmas Is You” (1994): $ 600,000
# 4) Dham! – “Last Christmas” (1984): $ 500,000
# 5) Band Aid – “Do They Know It’s Christmas” (1984) – $ 130,000
And here is a list of the top grossing Christmas songs of all time:
# 5) Paul McCartney – “Wonderful Christmastime” (1979). Estimated income: $ 40 million
Before Paul McCartney and The Beatles became famous, they signed a particularly formidable record contract that entitled songwriters (Lennon and McCartney) to a relative paternity for every dollar that was earned. After that defeat, Paul had learned his lesson and set about making sure that he had 100% ownership of every song he had written since. Ironically, this is the same lesson McCartney taught to Michael Jackson, resulting in MJ purchasing the entire Beatles list decades after Paul. But this is a different story. McCartney was very careful to write, produce and perform all aspects of “Wonderful Christmastime” and today it earns $ 400-600 thousand dollars in royalties per year.
# 4) Mel Tormey – “The Christmas Song” (1944). Estimated income: $ 45 million
You probably know this song from its opening line “Chestnut roasting an open fire”. Ironically, Torm is Jewish and wrote music and lyrics within 45 minutes during a blistering Chicago Chicago summer. He was just 19 years old. Since then the song has been covered by hundreds of huge artists including Michael Bublé, Tony Bennett, Garth Brooks, Bob Dylan, Frank Sinatra, NSYNC and many more. Despite writing over 250 songs during his career, “The Christmas Song” was Mel’s biggest financial success. He often referred to it as “my annuity”.
# 3) Haven Gillespie and Fred J. Coats – “Santa Claus Coming to Town” (1934). Estimated income: $ 50 million
The second of three Christmas songs on this list. The next day after the song began, over 100,000 people ordered copies of the sheet music. 400,000 copies were sold in a few months. The song has been covered by many artists including Justin Bieber, Bruce Springsteen and Mariah Carey.
# 2) Mariah Carey and Walter Afanasieff – “All I Want for Christmas Is You” (1994). Estimated income: $ 60 million
As you may have noticed, Maria and Walter’s Christmas classic is basically unavoidable every year from 30 November to 25 December. The song has been featured in dozens of Christmas films and is a big hit around the holidays on streaming services like Spotify and Pandora. The song, which reportedly takes just 15 minutes to write, is estimated at $ 600,000 per year in royalties for Walter and Maria, to date, $ 60 million.
# 1) Irving Berlin – “White Christmas” (1940). Estimated income: $ 65 million
No song captures the heart of a holiday like “White Christmas”. It is ironic when you consider the fact that it was written by a Jewish immigrant from Russia. Bing Crosby’s version is by far the most famous, but countless other artists have recorded the song. Crosby’s version is one of the best pieces of music in history, having sold more than 100 million copies worldwide. The Guinness Book of World Records recently named “White Christmas” the all-time single bestselling.
So there you have it. Time to start writing Christmas songs! Oh, and if someone is inspired by this article and is writing the next “White Christmas”, can we get a cut? We are not greedy. Just a little taste of the backend so we can retire and do nothing with you all day!
If you’re curious to learn how to make money from music royalties, check out these two articles:
Is it really possible to collect royalty from a hit song?