Most artists are aware of revenue from their tracks being sold online or in a physical format. It's quite a straightforward process. However, fewer artists are aware of publishing revenue. Publishing revenue only affects the writer/s of the tracks and comes from a few different sources:
Broadcast - when music is played on the radio, TV and other media, royalties are generated depending on usage. For example, when a track is played on BBC Radio 1, it generates in the region of £60, whereas a track being played on a local BBC station may generate IRO £1. TV and Film usage can make significantly more.
Performance - when music is performed live, it generates royalties according to how the venue is licensed. For example, local pubs and clubs pay a yearly license fee and if your music is regularly being performed, you are eligible to claim some of this (typically around £5 per gig). However, if your music is being performed at larger venues or festivals, which are licensed in a different way, you could be entitled to your share of 3% of box office takings (which could be thousands - my own band generated £1200 in royalties playing a ten song set at a Norfolk free festival - yep, surprised me too!
Mechanical - when music is used in any product, including all music formats (CD, Vinyl etc), toys, gadgets, computer games etc., royalties are generated. In the case of downloads, this can be around 10% of the revenue.
The bad news - not everybody is eligible to collect this money. You have to become a member of certain societies and this can take time and money.
The good news is that we also have a publishing business (Unbelievable Music UK) so we can register your music with the relevant societies and collect royalties on your behalf. Not only that, we may also be in a position to find other markets for your music in TV/Film etc (synchronisation). Again, in line with all our activity, our fees are percentage-based.
You don't even have to have your music distributed through Getout for us to handle your publishing revenue.
Feel free to ask questions about this when contacting us.