How to Collect Your Live Performance Royalties

Performance Royalties are payments made to an artist or composer who has made a significant musical contribution in the creation of a particular recording. These payments are typically calculated on the basis of international standard unit rates, set by various organizations such as the International Confederation of Phonographic Industry (IFPI) and Broadcast Music, Inc. (BMI).

The royalty rate is calculated based on a percentage of certain sales revenue generated by a physical product or digital download sale. For example, if an album sells 1 million copies in its first week, then there is a 1% performance royalty payment that goes to the artist’s account.

Performance royalties can be quite lucrative for most artists and serve as independent income for musicians and composers.

What is a Live Performance?

Live performances for musicians are an essential part of the music industry. How a performer communicates with the audience is a key part of understanding how well they are performing.

Performing live has always been a difficult feat, and until recently, it seemed impossible to account for every variable. With technological advances in recent years, however, artists have found new ways to be more efficient and creative in their live performances.

Live performance experts like The Big Night Out Project have taken on the task of discovering what makes artists successful in their live performance — by studying musicians who have had successful concerts or tours. They also do research on how other musicians perform successfully and conduct surveys and interviews with other musicians about their experiences both onstage and offstage.

Why Should You Be Collecting Royalties on your music live performances?  

The income of a musician is determined by live performances. By collecting royalties from your live performances, you can increase your income and boost your career.

Collecting royalties is defined as a percentage of the money that someone has made off your work. Royalties are given to people who have created intellectual property, including but not limited to books, music, movies, and art.

In order to have rights over your own copyright you have to show ownership by registering with the US Copyright Office and paying a filing fee. You can also register your work with an agency like the US Copyright Office or World Intellectual Property Organization (WIPO)

The benefits you can receive from collecting royalties include the ability to control how much money you make from each product sold and how much money you get for each download.

Collect Your Live Performance Royalties!

Don’t Pay to Play–Use These 3 Strategies Instead!

1. Create and market your own music content

As the market for music content has become increasingly saturated, it has also become more difficult to stand out from the crowd. Future musicians need to think creatively about ways they can create and market their own music content in order to succeed.

There are many tools available that can help musicians generate content on their own. Many of these tools have been specifically designed with artists or aspiring musicians in mind. Some of these tools include SoundCloud, YouTube, and Instagram’s new IGTV platform.

Content creation is limited to creating music videos and includes posting photos and sharing individual songs and live performances on social media platforms like Instagram, Facebook, Twitter, and YouTube.

2. Digitize your music performances and share them on social media networks like YouTube, Vimeo, Facebook, Instagram, and Twitter-

With the growth of social media networks, it has become easier and more convenient for people to share their performances on the internet. Digital platforms now allow artists to upload their music for free and share it with a wide audience.

3. Partner with a platform that collects royalties for content creators like Tune Core or CD Baby.

Tune Core and CD Baby are platforms that help artists monetize their content. Artists can upload their music and share it with the world on Tune Core or get paid when they sell on CD Baby.

Tune Core is an online music platform that offers three different types of subscriptions for musicians, all of which allow users to listen to tracks and share them with friends.

CD Baby is a digital distribution company that helps musicians distribute, market, promote, and sell their content online. Artists can also sign up for a free account on the site and get access to royalty payments through Amazon’s Mechanical Licensing (LAAS).

 

The Modern Music Glossary

With the increase in technological development, music has become a complex mixture of sounds that has taken a completely new form. While the digital era has created new terminologies, it also brought change within the industry.

The term “digital” is used to describe music that is produced and released digitally. This includes songs recorded on digital platforms such as Spotify or iTunes. The term “analog” describes the sound of musical instruments and vocals captured on a physical medium like vinyl or acetate records.

Here are the new Terms that we normally read or hear in the music industry:

Beatmaker: This is a type of producer, often working with instrumental hip-hop, electronic dance music, and drum and bass.

Bit rate: This is the number of bits (binary digits) used to encode a single audio or video frame or image. It is one of the most important attributes of a digital transmission since it affects such things as the resolution, size, and file size of the transmitted data.

DAW/Digital Audio Workstation: This is a computer application that is used specifically for digital audio production. It provides a variety of features to edit, produce, and mix music and sound for media content.

DSP (Digital Service Providers): These are companies that provide digital services like digital marketing, website design, content generation, and digital advertising.

EP (Extended Play): EP is a term that is often mistakenly used to refer to the length of a song. It refers to the amount of time that an artist decides to include in one song.

Hi-res: High-Resolution Audio: This is a form of digital audio that can be stored in higher resolutions than standard, compressed digital audio.

Live stream: Live stream is a technique that allows the audience to watch an event in real-time. It is mainly used to broadcast important events, large sports events, games, concerts, or news.

Monetize: This is a term that means to make money or to be profitable. This is an important term for businesses because they need to know how much revenue they will be able to generate from the service or product they are offering.

Music Blogger: Music bloggers are people who write about music and share their thoughts on it. They might also be musicians themselves.

 

Music Collaboration: It is the act of two or more people coming together to make music. It can be done with a wide variety of instruments, such as guitar, drums, and violin.

Music Publishing: It is a business in which publishers of musical compositions and their songwriters negotiate the rights to public performance, mechanical licensing, recording, and synchronization.

Music Start-ups: These are new companies that focus on music production. These companies provide the different tools needed to make music from hardware to apps.

Music Streaming: This is a practice in which people listen to music using services such as Spotify, Apple Music, or Google Play Music. With these services, users can stream or download music and listen to it on any device they have access to. It has been introduced as a new way of consuming music and replacing outdated practices such as buying CDs or vinyl records.

Podcast: This is a digital audio format which can be distributed and played on computers, mobile devices, or iPod. Similar to other digital audio formats such as mp3 and m4a, podcast files contain audio recordings. Each episode is hosted on its own website, called a podcasting platform.

Social Media: This is the new way to communicate, share information, and bond with others. It allows people to connect and share their experiences as well as thoughts.

Spotify: It is an American multinational music streaming service and digital music company headquartered in Stockholm, Sweden.

Topline: This is a melody used in a song that can be heard before the other melodies come in. It is usually the first few notes of a song.

Viral: This is a term used to describe something spread quickly and easily, especially through social media. It can be used as a noun or an adjective.

VST: Virtual Studio Technology: This is a new way of recording audio that allows users to create professional-quality recordings in an instant with little training or knowledge about production, engineering, or music production.

YouTuber: A YouTube personality, or YouTuber, is an individual who produces videos in which they play a video game or conduct some type of experiment.”