Wendy DayCEO/Coach, PowerPlays Coaching, LLC · Helping rappers make money with their music. Building millionaires in the urban music industry since 1992.

🎶 Dive into the stream of $$$ with Wendy & Mike! 💸 How long does it take? 60K can pop out of nowhe

16 Dec 2024 · 1 min

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0:46

Wendy, an artist with hundreds of millions of streams, breaks down how streaming royalties work. Payments are unpredictable: you might wait a year, get a few hundred dollars, then suddenly $60,000 hits. The mechanical royalties from streams have replaced physical sales as the main income source for creators.

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I know this because I have 3 to 4 songs with a few hundred million streams. Oh, and of course the people who are like, when's my money coming, Mike? You told me 6 months money starts coming in. It's been 9, I've seen nothing. Or it's been a year or 15 months and I only see $1,200, then boom, $60 grand hits, you know. So it's very, it's very odd. But I mean, overall, these are the things you want to be collecting when it comes to publishing royalties. And obviously the performance side is, you know, deals more with live performances, a lot of different things, right? But the main thing that we're collecting, what I focus on the most, is the mechanical side, which can come from streams. Before publishers, mechanicals were paid off your distributor, so because it was more mechanicals coming from CDs and physical things. But when the streaming came along, it changed.