It’s pop quiz time!
True or false: Songs/compositions must be registered with the US Copyright Office before they can be released commercially.
How about this one: A classical composer’s music is streamed on Spotify. Her publishing company is a member of the Harry Fox Agency in the US. As the composer, what should she expect to receive in royalties when her compositions are streamed by user request on this interactive service?
Do you know what money flows to this composer? If not, are you curious about the correct answer? Well, here’s your chance.
Today, FMC is launching a set of Music and Money quizzes. The quizzes are designed to test your knowledge of the current music landscape, using relatable, real-world examples of things that musicians participate in frequently — recording covers, doing session work, having their music streamed on interactive services, and dealing with synch requests.
There are four quizzes of different levels of difficulty (easy, medium, hard and expert) each with10 questions. For each question you get right, you get 10 points. If, perchance, you get some questions wrong, we provide you with information about the correct answer, and links to further reading. You’ll see your score at the end, and you can share it with friends on Facebook or Twitter.
Take one – or all – of these quizzes and see how you measure up!
These quizzes a part of FMC’s ongoing work helping musicians understand how they are compensated for their work, and the copyright laws, licenses and agreements that frequently determine who gets paid, and how much.
In addition to blog posts and fact sheets, we have itemized all the possible revenue streams, and identified new ones. We have explained the role of digital distributors, and itemized if and how labels, performers, songwriters and publishers are paid via various new services on our New Business Models spreadsheet. And, we have gathered primary source data through Artist Revenue Streams research project that provides a snapshot of how musicians’ income sources are changing over time, and why.
The quizzes are a natural outgrowth of all of this prior work; not only do we hope they are educational for our quiz-takers, but the answers will help us identify any persistent knowledge gaps in the music community and design better learning tools.
So take a quiz (or two or three or four) and see how you stack up!
This will not count against your final grade.