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Originally Posted by dissention
Unless a live show is recorded and sold as a video, CD, or DVD, no royalties have to be paid if someone covers a song.  |
That's not true at all, actually.
Every venue, large or small, arena or bar/club, has to pay BMI and ASCAP for any songs played on their premises, whether it's from a live act or even over a P.A. (in the case of "Bootylicious" during the TISL tour).
Most venues do this by paying a flat fee for year-round licenses from both BMI and ASCAP, and occasionally SESAC. They do report what songs are played to the organizations, and the moneys collected from these flat fee licenses are then divvied up and paid to the songwriters, generally on a quarterly basis.
It's nothing to make a living off of, but FM does actually get paid for playing their OWN songs in concert.