A company or individual with creative assets being used by a third party receives payment, known as a royalty. Music royalties originate from copyright or intellectual property, and the owner receives payment before stockholders, company executives, etc. Greenlight Financial can help artists calculate how much royalties are due to them. We can also help small record labels when calculating the royalties due to their songwriters.
Copyright laws protect music and consider it “a tangible medium of expression.” A song comprises two copyrights:
1) Composition, which is lyrics & melody;
2) the actual sound recording you hear.
Since there are different types of music royalties, it’s important to understand the differences. If you are in the music industry and need help with your royalties, Greenlight Financial can help with the calculation of:
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