Music and Economics

Music capital is the economic value of music, including the value of music recordings, sheet music, and other music-related assets.

Streaming revenue has become the primary source of revenue for most musicians, surpassing album sales and ticket sales.

Royalty is the payment made to songwriters and composers for the use of their music, typically calculated as a percentage of sales or streams.

Copyright is the exclusive right to reproduce, distribute, and sell a musical work, typically granted to the creator of the work.

Performing Rights Organization (PRO) is the organization that collects and distributes royalties to songwriters and composers for the public performance of their music.

Music securitization is the practice of selling music rights to investors in exchange for a share of future royalties.

Music economy is the term for the economic impact of music on a local or regional economy.

Music economics is the study of the relationship between music and economics.

Brand equity is the economic value of a musician's brand.

Music marketing is the practice of using music to promote a product or service.

Festival capital is the economic value of a music festival, including the value of ticket sales, concessions, and other festival-related revenue.

Music industry contribution is the term for the economic impact of music on a national economy.

Music branding is the practice of using music to create a desired emotional response in consumers.

Streaming capital is the economic value of a music streaming service, including the value of subscriber fees, advertising revenue, and other streaming-related revenue.

Music motivation is the practice of using music to improve employee productivity.