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
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