Music royalty services help musicians and composers secure the income they deserve from the public use of their songs on different media. In the multifaceted world of music rights, these services play a critical role in tracking usage and distributing royalties.
Music royalty services cover various types of royalties, including mechanical, performance, and sync royalties. Performance royalties apply when a song is played in public spaces or streamed online. Mechanical royalties are generated when music is sold or reproduced in a physical or digital format. Sync royalties, on the other hand, occur when music is used in visual media like films, TV shows, or commercials.
Notable music royalty services include ASCAP, BMI, SESAC, and SoundExchange. While ASCAP and BMI are open to most artists, SESAC selects members by invitation. SoundExchange, meanwhile, handles royalties for digital streaming services, which is especially valuable for todays streaming landscape.
These royalty services ensure that businesses, venues, and streaming platforms pay licensing fees for commercial use of International music copyrights.
These services play a vital role in making the music industry more sustainable for artists.
