Although the composers and songwriters receive public performance royalties from broadcast (terrestrial) radio, most often through collection societies like ASCAP & BMI, they are exempt from paying the performers. So, with an often used example of the song “I Will Always Love You” performed by Whitney Houston, a broadcast radio station plays the song, Dolly Parton gets paid for writing it but Whitney Houston’s performance goes uncompensated.
A great primer on this subject here on the Future of Music website, here.
“At least 75 nations, including most European Union member states, do have a performance right. This means that foreign broadcasters pay royalties to songwriters/composers and performers. But since there is no reciprocal right in the US, foreign performance rights societies cannot distribute these royalties to American performers.” – Future of Music