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While most people only think of a song’s earning potential in relations to its current radio popularity and record sales, successful songwriters and publishing companies know that the income a song generates can stretch well past the life of its author. If handled properly, getting your songs published can mean not only life-long income for songwriters, but income for their children as well. The publisher’s job is to take a songwriter’s songs and exploit them in every possible way to bring in earnings for the songwriter. These earnings are called royalties, and sources for royalty income are vast and are continuously growing with the advent of new technology. Royalty sources can be broken down into four general categories:
As a songwriter, you have two primary goals: 1. To get your songs published through as many royalty sources as possible so that you earn the maximum amount of money possible. 2. To retain ownership of as large a percentage of your song’s copyright as possible to ensure that you will be the one receiving those earnings. When you pen and obtain a copyright for your original tune, it becomes your personal property. Any record company whose artist performs and records your song, and any person and/or organization that broadcasts, samples or prints copies of your lyrics and music pay you to do so. It is the responsibility of the publisher to seek every possible opportunity for your songs to earn money. Your publisher is set up to help you exploit your song catalog and get your songs used by as many royalty sources as possible. © 2007 rizenmusic.com all right reserved |