As a songwriter or an artist, you sometimes have to wait up to six months or more to get paid for your work. It’s frustrating, even for those who have been working in the music industry for decades. If royalties were generated yesterday, why would it take half a year to reach your pocket? To understand this problem, you need to take a closer look at the entire business process. Here is a poster that captures all the nuts and bolts of the music industry in a single snapshot. While it is mainly constructed from a European point of view, the U.S. flow of revenues will increasingly look like this once the music licensing collective and the blanket mechanical license created by the Music Modernization Act begin functioning on Jan. 1, 2021.
