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Economics of Songwriters’ Performance Royalty Income: Tenure, Age, and Titles

  • Ivan L. Pitt
Chapter

Abstract

This chapter examines the dynamic of ‘superstar’ effects of age, length in membership in a PRO, and number of song titles registered on songwriter’s income when publishers are excluded. We found that royalty income distribution is still highly skewed and a key determinant of performance royalty income is due to the number of registered titles. This skewness of a relatively small number of songwriters earning more royalty payments than other members can be explained, in part, by successful members having a larger catalog of songs that are performed more frequently by radio and television stations, and other users of music. The standard skew-t distribution model generalized with location, scale, and a degree of freedom parameter (ν) is used to analyze royalty income.

Keywords

Copyright Holder Music Industry Royalty Payment Record Label Large Catalog 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.American Society of Composers, Authors and PublishersNew YorkUSA

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