(Not sure if you already know this, but posting it in case it’s helpful to anyone) Not-so-pro tip: your distributor only pays your sound recording royalties; streaming services send the mechanical and/or performance royalties for the underlying musical composition to a CMO (such as PRS for Music in the UK) which pays you separately.
On Spotify, composition royalties are about 1⁄5 of the share of revenue that Spotify pays to the owners of sound recordings, so realistically, it’s probably just a few extra cents from streaming alone. But I feel like it’s a good practice to claim them anyway. Enrolling a song in a CMO also enables the song to be played at live venues (e.g. if an EAG/x conference wanted to play the song, they’d license it through the CMO and you’d get paid).
This is great!
(Not sure if you already know this, but posting it in case it’s helpful to anyone) Not-so-pro tip: your distributor only pays your sound recording royalties; streaming services send the mechanical and/or performance royalties for the underlying musical composition to a CMO (such as PRS for Music in the UK) which pays you separately.
On Spotify, composition royalties are about 1⁄5 of the share of revenue that Spotify pays to the owners of sound recordings, so realistically, it’s probably just a few extra cents from streaming alone. But I feel like it’s a good practice to claim them anyway. Enrolling a song in a CMO also enables the song to be played at live venues (e.g. if an EAG/x conference wanted to play the song, they’d license it through the CMO and you’d get paid).
Thanks, Eevee—I had no idea about this. I better collect those 2 micro-cents!