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#2
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so according to this, we could one day put out Legies' Favorite FM Songs, Volumes 1-25 as long as we send a few bucks to the songwriters?
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"Check it out, I've got a gaping hole." ~ SN |
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"What happened to him? I thought he was ... here/Through the eyes of love, I saw him through his tears/I saw him smile, I saw him move on/Like a ghost through the fog ... the ghosts are gone." |
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All things being fair, artists generally derive income from the actual recordings as well as the author of the song itself. So, for example, depending on contract arrangements, Peter Green would continue to receive royalties as the writer of Albatross but members of FM as an entity at that time including Peter would not receive royalties for the sale of the recording. And remember, not all of the income from publishing goes to the artist, a proportion (half?) goes to the publishing company. So every time Penny Lane is bought or played publicly, Michael Jackson (shudder) and Sony make money - for the writers lifetime plus 70 years! |
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