The UK music market is booming with an estimate that the core industry made an impressive economic contribution of £4.4bn to the United Kingdom economy in 2016, supporting 142,208 jobs. It is also not surprising that three of the top five best-selling artists in the world in 2016 were British and that UK music generated in excess of £2.5bn in export revenues. During the same year, 30.9 million Brits attended music concerts and festivals underlining the immense popularity of music and the significance of music production in the UK.
Professional studio time is a dream for any musician or band. Many artists end up spending their life savings in order to afford just a few sessions in a professional recording studio. While professional studio time can be worth the monetary sacrifice, recording at home often holds similar, if not better, advantages than recording in a studio. The main challenge is obtaining a professional sound in a home studio but that can be easily overcome, leaving you with an array of benefits and ample motivation to open your own recording studio at home.
Convenient and budget-friendly
The days where artists and band members were forced to pack their instruments and rent a professional recording studio to practice, rehearse and even record are long gone. These days musicians can practice at any time that is convenient for them, right in the comfort of their own homes.
Instead of paying exorbitant studio fees, which are usually charged by the hour, and home studio will enable you to spend as much time as you want recording as many takes as you want without having to worry about what it will cost you. If you invest in quality recording equipment you will still be left with a professional-quality recording without the burden of the studio fees.
Flexible in terms of time and easy to set up
You don’t need to have an appointment in advance when you want to use your home studio like you would if you were making use of a professional recording studio. Decades ago setting up your own recording space involved a lot of physical paraphernalia at extremely high costs.
Today most of the features of a professional studio can be achieved via a computer, the appropriate software and a couple of easy to use and reasonably-priced accessories.
It’s innovative and a very sound investment
Home studios are ground-breaking to say the least. A lot of the music you are hearing on the airwaves was, in fact, recorded in home studios. Aside from the other obvious advantages a home recording studio is also a very sound investment opportunity as you can rent it out to other musical buffs. It is a win-win situation for all parties involved as your clients can produce and record music at a good price while you are able to make money from them doing so along the way.
If you are serious about your music, a home studio offers a brilliant mean to further your skills and talents. It affords you the opportunity to record professional tracks in a flexible environment, allowing you the chance to step up and take your musical career to the next level.