We’ve seen some hilarious royalty statements over the years. Actually, it’s only hilarious until it has your name on it.
Remember that massive controversy over streaming mechanical publishing licenses? It all started in late 2015, with class action lawsuits and millions at stake. In the end, streaming platforms like Spotify, Microsoft Groove, Rhapsody, and Google Play Music got with the program and started sending checks to publishers and songwriters for mechanical licenses.
You happy now?
The above statement was sent to Digital Music News by The Rights Workshop. The mechanical rights are for Microsoft Groove during the fourth quarter of 2016, with Music Reports administering and mailing the check.
Actually, once we dug into the statement with The Rights Workshop, we realized this is actually for a very small number of Groove streams. So yeah, the rates are low, but in this case, so are the plays.
But yeah, it’s funny to get a check for $0.01. Especially since the cost of a US postage stamp running at $0.49, not to mention the cost of printing, cutting, and paying someone to mail this thing.
So what does Microsoft Groove pay, anyway?
Actually, the answer is quite a lot, at least last time we checked. That’s when an indie label owner (who will remain anonymous) found a loophole that generated a per-stream windfall. That’s right, we’re talking several dollars per-stream in some cases, thanks to a limited setlist and smaller, Xbox Live audience.
And for more fun with royalties, check out this streaming music royalty calculator. It’ll help you estimate your earnings from Spotify, Apple Music, Amazon Music, Pandora, Deezer, Tidal, and Napster.