What are music royalties and what are the royalty payouts?

Music royalties are payments made to rights holders whenever a song is played, streamed, broadcast, or used commercially. 

Each time you hear a song — whether it’s on Spotify, in a shop, on TV, or during a live concert — someone is paying for the right to use that music. Those payments are collected and distributed by specialised distributors as royalties to the people who own the rights to the song: artists, songwriters, producers, labels, or publishers. 

When you buy shares in a music catalogue on ANote Music, you’re entitled to receive a portion of the royalties that catalogue generates — based on how many shares you hold.

This process is referred to as a royalties payout, usually happening on a monthly, quarterly, or semi-annual basis, depending on the catalogue.