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In the U.S., the amount owed to the songwriter is ?$0.091? per reproduction of a song, reports Tune Core. Outside the U.S. the royalty rate is around 8 percent to 10 percent, but varies by country.
Dramatic music refers to compositions used in the context of a wider piece or in the telling of a larger story (operas, musicals, etc.). It is customary to refer to performing rights in dramatic music as grand rights. The permissions necessary to stage an opera, play with music, or a work of musical theater.
Performance royalties are the fees music users pay when music is performed publicly. Music played over the radio, in a restaurant or bar, or over a service like Spotify or Pandora is considered a public performance.
Live broadcast royalties are the fees that streaming platforms pay to the copyright owners of the songs that are played during a live broadcast. These fees are usually based on the number of views, the duration of the broadcast, and the country where the viewers are located.
As working musicians this is the arena where most covers are being played. When you are hired to play at a bar, restaurant, or venue, they are the ones responsible for paying royalties. And those are performance royalties specifically. Don't let anyone tell you otherwise.
A public performance license is an agreement between a music user and the owner of a copyrighted composition (song), that grants permission to play the song in public, online, or on radio. This permission is also called public performance rights, performance rights, and performing rights.
Benom Plumb, former Vice President of Licensing for Bluewater Music is referenced in an article on Marketplace as saying that on the lower end of the spectrum, a $2 to $10 royalty per song is common for smaller venue performances. For larger arena tours it is a couple of hundred dollars per song per show.
For stage plays, most PROs would consider a theatrical license, sometimes called theatrical rights or grand rights. A theatrical license applies to the use of music that was not composed specifically for a dramatic performance that includes visual elements.