AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Challenges of Monetizing Music
In this chapter, they discuss the current issue of songwriters not receiving enough royalty points for their contributions to a record. They explain that while a record has a hundred royalty points, songwriters often receive zero points or very few points, compared to producers who receive four points. They also talk about the lack of value in publishing, as songwriters have to pay for their own expenses and wait a long time to receive a small amount of money. Overall, they highlight the challenges and unfairness that songwriters face in terms of monetizing their work.