Panic! At the Disco stands to make more in retirement than they ever did together!
Panic! at the Disco, the Las Vegas-based band known for their eclectic instrumentation and hit songs like “I Write Sins Not Tragedies” and “High Hopes“, may be thinking about hanging up their guitars and call it a day on the touring scene, but that doesn’t mean the income has to stop flowing in.
First, there’s the obvious: royalties.
The band will continue to receive royalties from streaming services and from the sale of their music and merchandise. They could also look into licensing their music for use in films, TV shows, commercials, and video games. This way, every time “I Write Sins Not Tragedies” plays in the background of a coming-of-age indie film, or “High Hopes” is used to pump up a sports team’s entrance, the band will be getting paid.
Another way to keep the cash coming in is through merchandise.
Fans will always want to show off their love for their favorite band, and what better way to do that than through a P!ATD t-shirt or poster? The band could also release limited edition merchandise or box sets for die-hard fans.
But why stop there?
The band members could also make public appearances, such as speaking engagements or writing a book. They could even endorse products. Imagine Brendon Urie as the new face of hair dye, or Spencer Smith as the spokesperson for drum sticks. The possibilities are endless.
Finally, the band could monetize their music rights, like selling their catalog to a music publisher or streaming service. This way, their music will continue to generate income even if they don’t perform or record anymore.
So don’t worry Panic! at the Disco fans, just because the band may be retiring from performing and recording doesn’t mean the party has to stop.
With these income strategies, the band can continue to make bank and live their best lives in retirement. Now if only they can figure out how to make money from their weird fascination with unicorns and neon signs.
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