Why Is Licencing Important

The Importance of Licencing and Royalties
Within the music industry, to make money, your music must be licenced, that way you will get royalties. Licencing is an agreement that is put in place to ensure that the owner of a piece of music is paid for the use of their work. The royalties are the income generated from the use of licencing songs. The royalties will be paid to the owner of the piece via licencing companies. They come hand in hand, you cannot have one without the other. A piece of music will be licenced so that the royalties can be given to the piece of music’s owner.
Licencing and royalties are one of the most important things within the music industry, whenever a piece of music is played, an artist will receive a subsidy of money. Without licencing, an artist will not be able to earn money from their pieces of music, and without royalty companies, artists will not receive the proper amount of money that they deserve.
You are not selling it because if copyrighted correctly you own all rights to the music. When your music is licenced correctly, you will receive royalties from different societies depending on what role you had during the piece of music’s making. If you are the songwriter of the piece, the PPL (Phonographic Performance Limited) will distribute your money via the publishing company. If you were the artist or the performer the record company will distribute your money from the PRS (Performing Rights Society). If your music is used on visual media then you must deal with synchronization licencing, the record company must allow the music to be used before you can licence it to