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After learning what music copyrights are, the next crucial step is to understand how the money they generate is divided. In this episode, host Josh Gilliland uses a tangible, real-world analogy to break down the two main "royalty pies"—the Songwriter Pie and the Master Pie.

You will learn:

• How earnings are typically split between publishers, writers, labels, and performers.
• The critical difference in valuation between a "10-Year Term" and a "Life of Rights" deal.
• The most important lesson for a royalty investor: why you must master the art of valuing the "slice," not the whole pie.

Resources Mentioned: Download your free Advanced Investment Calculator: https://www.jgsoundofmoney.com/calculator

Pre-Order the Book! The official companion to this podcast, JG Sound of Money: A Modern Investor's Guide to Unlocking Music Royalty Investing, is now available for pre-order on Amazon. Reserve your copy today: https://a.co/d/7132rZv

Next week on JG Sound of Money: Now that you know what the asset is and how the money is split, where do you actually go to get your slice? We'll explore the three primary paths to investing.

JG Sound of Money is a production of JG BeatsLab LLC. For a truly personal musical experience, discover our custom song service, Sincerely, A Song—perfect for anniversaries, birthdays, and special occasions. Learn more at SincerelyASong.com.