Music Royalties
Music royalties are payments made to artists, songwriters, and producers for the use of their music. These payments can come from various sources, such as radio play, streaming services, and live performances. When a song is played or sold, the creators earn a percentage of the revenue generated.
There are different types of music royalties, including performance royalties, which are earned when music is played in public, and mechanical royalties, which are generated from physical sales like CDs or digital downloads. Collecting these royalties ensures that artists are compensated for their work and creativity.