WHAT ARE ROYALTIES? ROYALTIES ON CHRISTMAS MUSIC????

NAME THE TOP TEN BEST SELLING CHRISTMAS SONGS – AND NUMBER FOR HIGHEST EARNERS

COULD YOU WRITE A BEST SELLING SONG AND LIVE OF THE ROYALTIES? Will, the protagonist in Nick Hornby's About A Boy, does not have a job, but he is able to live comfortably. His late father wrote a Christmas song many years before, and Will lives off the royalties. Click on Image

SONGWRITING ROYALTIES Songwriting royalties, not to be confused with recording royalties, come in four varieties: mechanical (eg: CD sales); performing (radio airplay); synchronisation (film soundtracks) and print (sheet music). Tot them all up, deduct the publisher's cut (often 50pc), and you have a tidy sum - up to $5m for a hit. 'We always call the songwriting royalty 'the pension'," says Ann Harrison, a legal consultant and author of Music: The Business. "If you write a song that's recorded umpteen times, the income will last your lifetime plus copyright, which is 70 years."

BEST SELLING BUSINESS CHRISTMAS SONG RECOMPOSE THE LYRICS FROM YOUR FAVOURITE BEST SELLING CHRISTMAS SONG WITH KEYWORDS FROM TOPIC 1.2 ENTERPRISE, BUSINESSES, ENTERPRENEURS, INVENTION, INNOVATION, ENTERPRISE SKILLS, DETERMINATION, RISK TAKING, PROFITS, LATERAL THINKING, 6 THINKING HATS, BLUE SKY THINKING, IDEAS, INSPIRATION…………ETC…..ETC