Music Publishing

2 Sources of income, royalties, and licenses

The business of music publishing encompasses the entire area of administering and exploiting musical works. Although this book provides clarification of the role that music publishing plays within the nearly $30 billion generated worldwide each year in the music industry as a whole, we will see that the myriad copyright laws, the international marketplace for music, the evolving digital distribution arena, and the enormous amount of music that is consumed—bought, broadcast, licensed, and downloaded throughout the world—creates a staggering array of monitoring, accounting, and collection issues for both the creators and the users of music. In this chapter we will discuss the sources of income available ...