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What are printed music royalties?

Last Updated: Jul 05, 2017 03:20PM EDT
Printed music royalties are pretty small these days, but they still exist! These guys were the first publishing royalties known to the world and why the term "publishing" was used to describe this part of the music industry.

Long before anyone had an mp3 player, let alone a radio, people bought sheet music to play on an instrument at home, parlor room, or concert hall. Like a book publisher, music publishers made this sheet music available for purchase. Hence, these royalties are generated whenever sheet music is purchased.
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