A royalty is a payment to a company or individual with creative assets that are being used by a third-party. Music royalties come from copyright or intellectual property and the owner is paid 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.
Music is protected by copyright laws and are considered “a tangible medium of expression.” A song is composed of 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:
Greenlight Financial has over 16 years of experience in royalty accounting with both individuals and record label companies. Contact us today to learn how we can help you.
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