Music industry
Royalties, rights, distribution and how labels pay artists and collaborators.
Music royalties
Music royalties are payments to the owners of a song or recording each time it is streamed, sold, performed or used in media.
Royalty splits and statements
Royalty splits define who gets which share of a track's income. Royalty statements show each person what was earned and paid in a period.
Recoupment and artist advances
An advance is money a label pays an artist before royalties are earned. Recoupment is the process of earning that money back from the artist's royalties.
Music distribution
A music distributor delivers releases to streaming services and stores, and collects the master royalties they pay.
Publishing and collecting societies
Music publishers manage and license compositions. Collecting societies, such as PROs, collect royalties for songwriters and publishers.
ISRC and ISWC codes
ISRC codes identify sound recordings and ISWC codes identify compositions. They help make sure royalties reach the right rights holders.