Music royalties are the rewards a music copyright owner receives for the use of his work. This includes payments for streaming, playing on the radio, live performances, and sync licenses (for use in movies, television, etc.). Music royalties are one of the main sources of income for artists and composers.
There are different types of music royalties, but the most important are master royalties and publishing royalties. The types of royalties and how they work are described below.
Master rights royalties are the revenue earned by the owner of the recorded sound source. Examples include revenue from streaming services or download sales. These are usually received by the record company or artist.
Publishing rights Royalties are the revenue a composer or lyricist receives for the use of his or her music, including performance rights, mechanical reproduction rights, and sync licenses.
In order for artists to widely distribute their music, it is common to use digital distribution services. One of the most famous among them is Tunecore. Let s take a closer look at the cost of using Tunecore.
Tunecore is not a model where you split a portion of your revenue, but instead you pay a fixed price to distribute your music. Each album or single has a different pricing plan.
For single distribution, there is an annual fee set. Special price may be provided for the first year, but it is important to note that renewal fee will be charged.
In the case of album distribution, an annual fee will also be applied. Although the cost is higher than singles, the effect obtained by promoting on an album basis will also be large.
Other costs associated with using Tunecore include the use of optional services and the additional cost of an injury prevention plan. It is important to consider these in your budget.
There are many platforms for music distribution. Choosing the one that works best for you is the fastest way to success. Besides Tunecore, there are Distrokid, CDbaby, ONErpm, LANDR, Indiefy, and Amuse.
Each platform has different pricing and offerings, so choose the one that fits your needs. For example, if you want to reduce the initial investment, or choose a platform that has a strong distribution in a specific region.
In addition to music distribution, promotional activities are also essential. For example, you can gain more fans by using SNS such as TikTok and YouTube to spread your music. Therefore, a strong partnership is important.
Music distribution and promotion at the same timeSoundOnis a powerful tool for artists. It also integrates with TikTok and other digital streaming platforms, and provides a global distribution service.
SoundOnBring your music to fans around the world. Plus, take advantage of exclusive partnerships to get the most out of both promotion and distribution.
Understanding music royalties and choosing a distribution platform is an important step for artists. Find a service that suits you as you aim to maximize revenue and grow your fan base. It s worth considering not only the cost of Tunecore, but also a platform that supports promotion and distribution at the same time, like SoundOn. Get your music around the world now!