What's the Difference? Master vs. Publishing Royalties

In music, every song has two sides that generate income — and understanding the difference between them is crucial if you want to collect everything you’re owed.

Let’s break it down .

The Two Copyrights in Every Song

Master Royalties = Money From The Recording

This is income generated when your recording is used - streamed, sold, or licensed.

Who earns it?
  • Performing artist
  • Record label (if signed)
  • Producer (if they have collaborator splits)
  • Distributor 

Types of Master Royalties:

Publishing Royalties = Money From the Songwriting

This is income from the use of the composition — the lyrics, chords, and melody -  no matter who performs it.

Who earns it?
  • Songwriters
  • Co-writers
  • Music publishers
  • Publishing administrators (if appointed)

Types of Publishing Royalties

💡 Yes – streaming platforms generate both a mechanical and performance royalty on the publishing side.

Side-by-Side Recap

APRA AMCOS: Musical Works & Sound Recordings

Real-World Example:

You write and record a track called 'Golden Hour':

  • It gets streamed on Spotify
    → You earn:
    • Recording Royalties (also known as master royalties or streaming royalties)  – from Spotify via your distributor (e.g  G.Y.R.O etc.)
    • Publishing royalties – both mechanical and performance royalties via APRA AMCOS
  • It’s played on FM radio in Australia
    → You earn:
    • Neighbouring rights royalties (master side) – via PPCA on behalf of the owner of the recording
    • Performance royalties (publishing side) – via APRA AMCOS on behalf of the songwriter/composer
  • A brand wants to use it in an ad
    → They need a sync license from:

    • You as the songwriter or from your publisher (publishing side)
    • Whoever owns the recording (master side)

Final Takeaway for Artists:

To get paid properly, make sure you have both sides covered:

Want us to help you with both sides? That’s what we’re here for.

G.Y.R.O. is here to help you get your music heard — globally. If you’re looking to stay on top of your royalties, register your songs properly, and make the most of your catalogue, our Publishing Administration service has you covered.

We also offer industry-leading digital distribution and a range of artist services to support your career at every stage.

Have questions? Reach out to our friendly support team — we’re here to help.
Sign in or create your free G.Y.R.O. account to get started.