Music royalties are payments made to the owners of music for the use of their work. These payments are made when music is played, performed, or reproduced.
Types of music royalties:
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Mechanical royaltiesPayments made when a third party reproduces a piece of music, such as a song, ringtone, or jingle
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Performance royaltiesPayments made when a song is played on the radio, in a restaurant, or at a live concert
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Synchronization royaltiesPayments made when a piece of music is used in visual media, such as in an advertisement or movie soundtrack
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Print royaltiesPayments made when a piece of music is sold in printed form, such as sheet music
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Digital performance royaltiesPayments made when music is streamed on a streaming site, such as Spotify or Apple Music
Music royalties are a primary source of income for musicians. They are based on copyrights, which are a type of intellectual property. Copyright laws give the creators of original works exclusive rights to their work.
