There are many very talented songwriters out there, who cannot break down the 'gatekeepers' at music publishing houses, to get their material heard, so are there other ways a songwriter can get his/her music heard and in front of artists and bands? The answer is yes!
With the music publishers rarely giving decent financial advances and demo cost retainers these days, it is possible for songwriters to 'sell' a small percentage of their catalog, say 10%, to an investor or financial backer, for an agreed price, let's say for arguments sake US$25,000. If their songs are good, then this represents a reasonable risk investment to the 'business angel' sector, who tend to seek-out high risk - high return investments. It is also possible with these kind of investors, to write into the agreement, a 'get-out' deal, so if you get a publishing deal along the way, the investor can be bought out by them, at a pre-agreed rate.
The income from the investor, then allows the writer to invest in higher quality demos of his/her best songs and also to pay a good reputable 9and well researched) song plugger, to get the songs in front of the right people.
The music industry has always been an attractive area for investors in the 'high risk' markets, because of the glamour and fame associated with it, but also because the rewards are very high for those projects that do succeed.
So why not give it a try and let us know how you get on?