Licensing Opportunities Michael McDermott's storytelling and public endorsements create strong cross-media licensing potential. Praise from Stephen King and the use of his lyrics in novels indicate demand across film, television, advertising and video games. With revenue in a broad range and a lean team, focus on engaging music publishers and licensing agencies to secure sync deals and catalog licensing while outsourcing rights administration to scale.
Digital Marketing Current tech stack shows web performance and social sharing capabilities, including Open Graph and heavy use of YouTube. This can be leveraged to boost fan acquisition and monetization through streaming, video content and live streams. Propose targeted digital campaigns, optimized metadata, and a merch funnel on the artist site to convert fans into ongoing revenue.
Strategic Partnerships Leverage high profile praise to pursue co branding with authors, media brands and other artists in related genres. Explore partnerships with publishers, literary communities, film and TV producers, and festival organizers to broaden exposure and revenue streams. A lean operation can be augmented through outsourced partnerships and sponsorship deals.
Publishing Deals Explore relationships with publishing societies and music publishers to manage rights and maximize publishing income. The connection to major publishers suggests room for publishing deals and catalog licensing across platforms; prioritize distribution on streaming services and video channels to broaden reach.
Monetization Pathways With current revenue modest, pursue multiple revenue streams such as licensing, live performances, exclusive content, merch, and fan supported models. Develop tiered fan memberships, licensing proposals, and pre release exclusives to improve cash flow while building and monetizing the catalog for ongoing opportunities.