Live performance is the income stream for the artist that often offers immediate financial benefit to the new artist, and it provides a continuous and steady income for the established artist. The other primary income sources for artists are various royalties from songs they have written, the sale of their recordings and related products, sale of merchandise, and the acquisition of sponsorships and product endorsements. Self-managed artists can receive performance royalties when they play their own music in small clubs and other venues, from the three Performing Rights Organizations (PROs), though ...
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