Streaming Royalties
Streaming royalties are payments made to artists, songwriters, and record labels when their music is played on streaming platforms like Spotify or Apple Music. These royalties are calculated based on the number of times a song is streamed, with the total revenue generated by the platform being divided among rights holders.
The distribution of streaming royalties can be complex, as it involves multiple parties, including performing rights organizations and music publishers. Each platform has its own formula for calculating payments, which can lead to varying amounts received by artists. Overall, streaming royalties are a crucial source of income for many musicians today.