Chapter 5 of 7
Module 5.1: Types of Royalties Paid by P.R.O.s
P.R.O.s collect and distribute various types of performance royalties, each corresponding to different ways your music can be publicly performed or broadcast.
Understanding the different types of royalties can help you better track your income and identify potential areas where you might be missing out on payments.
Key Points:
- Radio and TV airplay royalties from traditional broadcast media.
- Live performance royalties from concerts and venues.
- Streaming royalties from platforms like Spotify or YouTube.
- Background music royalties from businesses that play music publicly.
Module 5.2: How to Ensure You're Collecting Everything You're Owed
While P.R.O.s work to track performances of your music, the system isn't perfect, and there are steps you can take to maximize the royalties you collect.
Regular monitoring of your account, proactive reporting of performances, and staying informed about how your music is being used can all help ensure you're receiving all the royalties you're entitled to.
Key Points:
- Check quarterly statements for accuracy.
- Submit live performance reports to claim royalties from concerts or events.
- Monitor radio airplay and streaming platforms to verify that performances are being tracked.
Module 5.3: International Royalties and Sub-Publishing
When your music is performed internationally, collecting royalties becomes more complex, involving cooperation between your domestic P.R.O. and foreign collection societies.
Understanding how international royalty collection works and considering sub-publishing arrangements can help ensure you're collecting royalties from global performances of your music.
Key Points:
- P.R.O.s collect international royalties through reciprocal agreements with foreign organizations.
- Sub-publishers can help maximize international royalty collection, especially in territories where your music has significant activity.
- International royalties may take longer to process and appear in your statements.
You're on Chapter 5 of 7