Hey Music Makers!
How do music royalties work? That's a question that I had to learn through research and trial and error, along with about 20k in legal fees to get paid finally. It's something that all young and old musicians should know or learn ASAP. Below I have an article that was written by Lee Ann Obringer. She has identified all the avenues in which a musician can collect. (Or get screwed) Keep in mind, with any business "cashflow is king". Without cashflow, you are broke or working another job. Therefore when reading this article always be thinking how each revenue opportunity or revenue stream can be created using your music. White board the ones you identify with and start planning around how you can create cashflow streams with your music royalties, mailbox money. Post any questions regarding the article and I will respond.