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What does an ASCAP New Media license cover? An ASCAP license authorizes the public performance of the entire ASCAP repertory and the repertories of over 90 foreign societies from around the world by means of Internet and wireless digital transmissions.

The Internal Revenue Service (IRS) defines a royalty as something paid to obtain intellectual property, or to use intellectual property or rights to such property. See reporting instructions at on the IRS webpage for Form 1099-MISC, Miscellaneous Income.

In order to obtain a compulsory license, you must (1) serve a timely Notice of Intention to Obtain a Compulsory License (NOI), either on the copyright owner or on the Copyright Office if the identity or address of the copyright owner is unknown; and (2) when the copyright owner is known, make monthly royalty payments

License fees are generally a fixed amount, while royalties are usage-based payments for using an asset or a property.

A DPD license allows the licensee to reproduce and make an audio recording of a copyrighted song and distribute it. This license covers a specific song (music and lyrics), not any recordings of it. The DPD license royalties go to the song's owners, usually the songwriter and/or their publisher.

It gets a little confusing, but they're essentially talking about the same money split up in exactly the same way. It's just that ASCAP uses percentages that are based on total performance royalties (thus 50/50), while BMI splits those halves FIRST, and then distributes 100% of each half to the appropriate entities.

Royalties are usage-based payments from one party (a ?licensee?) to another (the ?licensor?). Licensing fees are paid as part of an agreement that defines the terms under which a tangible property is licensed for use by one party (a ?licensor?) to another (the ?licensee?).