Episode 02: Electric Feel, Streaming & The Casbah

Listen to full episode:

In This Episode

Resources Mentioned in This Episode

Stay Up To Date

Glossary

  • Royalties are payments made to the rights holders when their music gets used. Examples of rights holders could be a recording artist, songwriter, publisher, record label, etc.

  • An advance is money an artist gets paid up front when they sign a record deal, like a pre-payment of the royalties they may or may not earn. It’s basically a guarantee of the amount of money they are estimated to make and it’s not a loan, so artists aren’t obligated to pay it back.

  • DSP stands for Digital Service Provider, so any digital retail store like iTunes or streaming services like Spotify, Apple Music or TIDAL would be examples.

  • For a simplified example of how royalties and advances work, listen to this track.

Sources

THE BIRTH OF MUSIC DOWNLOADS, FILE SHARING, AND PIRACY

GRAND VIEW RESEARCH: MUSIC STREAMING TRENDS REPORT

MUSIC BUSINESS WORLDWIDE: STREAMING REVENUE GROWTH

RIAA MIDYEAR REVENUE STATISTICS

SOUNDCHARTS: MUSIC STREAMING PAYOUTS

PR NEWSWIRE

MUSIC INDUSTRY TERMS

 
Previous
Previous

Episode 03: Artists’ Rights & Red Rocks

Next
Next

Episode 01: Spotify Wrapped 2021