HOW DO ROYALTIES WORK? DAY # 20 of #30daybusinessadvicechallenge
To be able to track all of your royalties will definitely take some effort. To understand and identify all of the platforms and channels that you can receive roylaties from is even more complex, and hopefully will be more streamlined in the future since the amount of platforms where you can get paid from for your music is continually increasing. There are essentially 4 major royalty groups in the music industry, that pertain to music only. First we got There are essentially 4 major royalty groups in the music industry, that pertain to music only. First we got Mechanical Royalties second is Performance Royalties third is Synchronization or (Sync) Royalties and last is Print Music Royalties. And I try to do my best to hopefully explain the differences between these 4. Let me know if you have any questions below in the comments 👇👇
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Make sure you like, share and save the video,🙏😎 and also any other entrepreneur or expert in any industry and specifically in the music industry feel free to accept my challenge and let's see what u got!
Don't be shy, I am trying to learn from you guys too!
Just make sure you tag it with #30daybusinessadvicechallenge #30daymusicbizadvicechallenge Source
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