Music royalties are payments that go to recording artists, songwriters, composers, publishers, and other copyright holders for the right to use their intellectual property.
There are copyright laws that give artists these exclusive rights to their work.
Music Royalties are also generated for various types of licensing and usage. The types of music royalties include mechanical, public performance, synchronization, and print music. The music industry relies on these royalties as a primary form of payment to musicians. Moreover, contractual agreements define music royalty agreements between the creator and distributor.