Saturday, February 16, 2013
Music Business/Law Tip - "Songwriter Key Income Streams"
The 3 primary income streams earned by a songwriter are as follows: 1. Mechanical Royalties: Currently 9.1 cents per song included on a CD or download. 2. Performance Royalties: From play of the song(s) on radio and TV. Amount varies depending on the volume of play, how many listeners, etc. 3. Synchronization ("Sync") License Fees: From the usage of a song in TV, film or commercail (i.e., in conjunctioi with a visual image). Amount varies depending on the company licensing, how popular the song is, how long the song is used in the spot, etc. Ben McLane Esq benmclane.com