Performance rights are legal permissions that allow artists, such as musicians and actors, to perform their work publicly. These rights ensure that creators receive compensation for their performances, whether in live venues, broadcasts, or digital platforms. When a song is played on the radio or a play is performed in a theater, performance rights come into play. Organizations like ASCAP and BMI help manage these rights by collecting fees from venues and distributing them to the artists. This system supports the creative industry by ensuring that performers are rewarded for their contributions.