The business side of the music seems to be very complicated these days. The royalties aren’t derived just from music sales, but depend on how the music is consumed - physical sales or digital downloads, through traditional or online radio, or through streaming services. How the royalties are determined? Who monitors these revenue streams? Every artist and songwriter needs to know in details how the processes of gathering music royalties work and how these earnings can be maximized.
To make this task easier, the Music Business Association (former NARM), has put together an informational cheat sheet graphic. To access the high resolution file, please click here: http://musicbiz.org/wp-content/uploads/2013/10/MusicRoyalties_MusicBiz_FINAL.jpg