Monetization
Type: noun
Pronunciation: /mon-uh-tuh-zay-shun/
Also spelled or known as: Revenue Generation
What does Monetization mean? The process of generating income from creative works, intellectual property, products, services, audiences, or digital content.
Music monetization may include streaming royalties, publishing royalties, synchronization licensing, merchandise sales, advertising, subscriptions, live performances, and other revenue streams.
Monetization synonyms: Revenue Generation, Income Generation, Commercialization
Example sentence: “The company developed multiple monetization strategies for independent artists.”
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