What are the differences between various types of royalties?

What are the differences between various types of royalties?

There are several types of royalties, including performance royalties, mechanical royalties, and sync royalties. Performance royalties are earned when a song is played publicly, mechanical royalties are generated from physical or digital sales, and sync royalties come from licensing music for use in film or TV.

Can you explain performance royalties in more detail?

Sure! Performance royalties are paid to songwriters and publishers when their music is performed publicly, such as in concerts, radio broadcasts, or streaming services. Organizations like ASCAP and BMI collect these royalties on behalf of the artists.

What about mechanical royalties?

Mechanical royalties are earned by songwriters and publishers when their music is reproduced, such as when a CD is sold or a song is downloaded. These royalties are typically paid by record labels to the copyright holders.

How do sync royalties work?

Sync royalties are earned when music is synchronized with visual media, like movies, TV shows, or commercials. The rights to use the music are negotiated, and the artist or publisher receives payment for this usage.