Music royalties are payments that artists, songwriters, labels, publishers and whoever owns music rights receive in exchange for the right of use of their music and intellectual property.
Royalties are what is being paid out to rights owners whenever their music is sold, distributed, inserted in other media, monetised or consumed in any other way. The music industry depends on distributors and collecting companies to gather the royalties generated when copyrighted songs and recordings are sold, distributed, inserted in other media, monetised or consumed in any other way. On ANote Music, we call these entities 'Underlying Royalty Distributors'.
When you hold shares in catalogues, you are purchasing a royalty interest in the catalogue, entitling you to receive a corresponding percentage of the relevant Royalty Payments.
When a catalogue is listed on our platform, the 'Transferor' determines what specific royalty interests will be listed (master royalties, publishing royalties, sync, streaming etc.) – it could include all royalty interests , or just specific ones. This means that, as a participant, you will have access only to the specific royalty interests that are listed.
If a transferor lists on our platform royalty interests from streaming, you will receive a share of all the royalties generated when that catalogue or any songs from that catalogue are streamed, but you will not get a share when the songs are performed in public or synchronised with movies as soundtracks.