What are Royalties?
Royalties are how most of the Artist, composers and songwriters get most of their money. Royalties are paid when a artist's track or composer's track are played on TV, commercials, films, public performances, played on the radio, broadcast, etc.
There are some people that believe that if you have re-mixed another artist's track you will be paid the same amount as the others but it is not true, what happen is, if you have re-mixed another artist's track you will just be paid a pre-arranged one-off sum.
The only way you find to collect your royalties is by signing up to a collection agency. In the music industry there are three different types of collection agencies and they are called PPL, PRS and MCPS.
Phonographic Performance Limited - PPL
What PPL does is to collect royalties from performances/broadcast of recordings, for example, if you have a guitar/piano/bass session in a song which means you will have to play something on the recording of that song they're working on, will get royalties from the PPL because you had a session player on that recording, but if you do not perform on the recording then you won't get anything from PLL.
If you wan to join PPL, just go on the website http://www.ppluk.com/, you don't need to worry if you have to pay for it because it is free. PPL also collect royalties from other countries in can be in America, Europe, Asia and Africa.
Performing Right Society - PRS
What PRS does is to collect royalties from the performance of the music to the writer of music best known as songwriter.
If you perform on a piece of music written by someone else, you won't be paid any royalties by PRS because you only performed on the song you didn't help with the lyrics giving ideas etc, so only the person who wrote the song will get paid because he/she is the actual writer of the song.
Different from PPL, you will have to pay if you want to join PRS and it only costs £10 for life and the money £10 you will spend joinning PRS will be deduced from your first payment.
On this collection agency the payments are made in April, July, October and December but that is only going to happen if you have made a minimum of £30 with PRS and this rule by PRS was introduced in the music industry in October 2006 and that is because they want to save administration costs which lowered payments.
License
If places like concert venues, pubs, clubs, bars, or any other place where live music is played, play live music to get people to come to their place, they'll have to pay the PRS for the license to play the songs they are using.
Mechanical Copyright Protection Society - MCPS
What MCPS does is to collect royalties from the sales of recordings to the owners of the copyright for that recording.
Unpublished composers can also get MCPS royalties.
If you have a publishing deal working for you, your publisher will collect it for you if you only perform on a recording you can't have royalties from MCPS.
What about TV & Films?
When any of your songs are used in a film, or on TV (commercials, novels, adverts etc), it earns you money and you will be paid for that because people are using your stuff.
the publishers will allow the other company which is the company who wants to use your stuff, to license your song for a synchronisation fee.
Bibliography: - https://docs.google.com/file/d/0B8F-sfxQHEyCSTMxczFObnJGbUk/edit?usp=sharing
- http://www.venturenavigator.co.uk/content/499
- http://www.ppluk.com/
- http://www.bbc.co.uk/filmnetwork/filmmaking/guide/before-you-start/music-rights
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