Royalties 101 Infographic

The Music Business Association (formerly National Association of Record Merchandisers) just published a new installment in their series of infographics for the music business. Called “Music Royalties Quickstart Guide” (available here), this is a guide to the complex world of royalties and licensing for musicians. It provides a dictionary of terms commonly used as well as explanation for many types of revenue streams, royalty rates, and collection mechanisms for each. These collection mechanisms include physical products & download sales, radio & TV performance, satellite & cable radio, non-interactive streaming radio & on-demand streaming, and synchronization (music played with visuals.)