Here is a look at the 12 highest earning songs of all times. If the songwriter’s song appears in a movie, TV show, video game or commercial, the artist’s record label will make a deal and the songwriter will get a large amount of the licensing royalties. While some songs are short lived, others go on for years and rake in millions. There are also more ways that songwriters rake in the cash from their writing skills. There are also residual royalties from other markets. Whenever a record sells, the songwriter receives 9.1 cents in mechanical-royalty payments. Songwriters are entitled to a portion or percentage of each product that they create. It’s almost vital to survival that artists learn how to write their own songs, but not just any song, a hit song.Īrtists have actually been able to retire early and live lavish lifestyles off of the royalties from their few popular songs. The music business is like any other business you produce a product and hope that there is a high demand for it. If you want to rake in the big bucks you have to have (or write) the ultimate song. Being successful in the music business takes more than just a great voice.
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