Page 03 — The royalty playbook

Unclaimed royalties are lost income.

Billions in royalties go unclaimed every year because songs were never registered or the song details were wrong. This page covers what Charles is owed, who pays it, and exactly where to register to collect every cent.

The foundation

Every song is two copyrights.

Because Charles owns both, he collects both. Most artists signed to labels see only a small share of one.

Royalty map

Six royalties, and who pays each one.

RoyaltyWhen it's earnedWho collects itTypical rate
Streaming / master
MASTER
Every stream and download on Spotify, Apple, Amazon, Tidal, YouTube MusicDistributor (pays 100% on a flat-fee plan)$0.003–$0.01 per stream
Performance
COMPOSITION
Radio, TV, live venues, streaming, bars, gyms and stores playing the song in publicPRO (BMI / ASCAP / SESAC), plus publishing admin for internationalWriter's share + publisher's share, paid quarterly
Mechanical
COMPOSITION
Each time the song is copied or streamed on demand (streams, downloads, vinyl, CDs)The MLC (US streaming), plus publishing admin worldwideUS physical rate 12.4¢ per copy; streaming is a percentage of platform revenue
Digital performance
MASTER
Non-interactive radio: SiriusXM, Pandora radio, webcastersSoundExchange (50% to the master owner, 45% to the featured artist, 5% to session players)Rates set by law
Sync
MASTER COMPOSITION
Music paired with video: TV, film, ads, games, trailersCharles directly or through a sync agent (two fees: one for the master, one for the publishing)$500 indie TV to $50K+ national ad, per side
Neighboring rights
MASTER
Recording broadcast or played publicly outside the US (UK, EU, Africa)SoundExchange international or a neighboring-rights agency (PPL in the UK)Varies by territory
Interactive

Streaming royalty calculator.

Move the sliders to see what a level of streaming pays across masters and publishing, and what that makes the catalog worth.

Mix totals 100%

Estimated yearly royalties
$0
$0 per month
Master royalties$0
Publishing (mechanical + performance)$0
Blended rate per stream$0
Streams per $1,0000
Estimated catalog value$0Yearly royalties × multiple. Buyers look at 3+ years of steady earnings.

These are estimates. Real per-stream rates change with country, subscription type and the platforms' minimum-stream rules. Publishing is estimated at about 18% of master income.

Collection checklist

Register everywhere.

Tick items off as they're done. Progress is saved on this device.

0%0 of 12 done
Rules of the house

Protect the catalog.

Rule 01

Never sell the masters early

Advances are fine if they're paid back from royalties, or if Charles licenses the music for a fixed term. Selling the masters outright before Year 5 means selling a growing asset at a low price.

Rule 02

Check statements every quarter

Compare distributor, PRO, MLC and SoundExchange statements against the streaming numbers. Look for missing countries and songs that earn nothing.

Rule 03

Song details are money

Every release goes out with the correct ISRC, ISWC (the code for the song itself), IPI numbers, writer splits and credits. Wrong or missing details are the main reason royalties go unpaid.

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