50 Income Streams Music Creatives Should Know About...And Where To Find Them
Music royalties, licensing fees and the numerous other streams of revenue available to songwriters, performers and producers can be difficult to navigate. The good news is, the rapid growth of technology has produced more opportunities for distribution, new forms of music royalties and more ways than ever to track and collect monies due to you. The challenge is in knowing what types of royalties and fees are out there.
In the world of music royalties, it all starts with the song. Each song is protected by copyrights in two categories:
A copyright for the songwriting, or “composition”, categorized as the Composition
A copyright for the performance, categorized as the Sound Recording.
Depending on your role in the writing, production or recording of any given song, you may earn royalties in one copyright category or both.
Beyond copyright royalties, there are a wide range of fees and profit centers that can encompass the earnings of a music professional. It is critical for creatives to be familiar with these revenue sources and have expert help whenever possible to track and collect the royalties, fees and income to which you are entitled. There is much to know, but there is also a wealth of information online, whether through sources like Wikipedia, official websites for Performing Rights Organizations (PROs) like ASCAP, BMI and SESAC, or right here, in this royalty income guide that Sound Royalties has put together for you.
In the new digital music economy the creator is king. As an artist-friendly company, Sound Royalties is dedicated to the empowerment of creative talent. To help you flourish and sustain your career, here is our guide to royalty and revenue streams all music creatives should know about.