Video by The Business Side of Music via YouTube
Uploading your song to Spotify is not the same as registering it, and that gap is costing artists real money. Every stream actually generates three separate royalties, but most artists only ever collect one.
In this episode, Sarah sits down with George Macias, founder of Lumoza and a music industry veteran from EMI Music Publishing and Universal Music Group, to break down what a royalty actually is, why your song has two halves (composition and sound recording) that both need separate registration, and what happens to royalty money that never gets claimed.
What you’ll learn:
* The three royalty streams one stream can generate, and why distributors only cover one
* What "registering" a song actually means
* How long you have to claim unclaimed royalty money before it’s gone for good
* The exact checklist: a PRO (ASCAP, BMI, or SESAC), the MLC, and SoundExchange
* How Lumoza automates the whole process
Lumoza is a music rights platform that automatically registers your songs with the right organizations so you get paid everything you’re owed. Register your first song for free at lumoza.io/bsom
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