In the United States, the Copyright Royalty Board issues compulsory Mechanical Royalty rates, known as “statutory rates.” For physical sales/downloads, this rate is 9.1 cents for songs that are under five minutes. For pieces over five minutes in playing time, the rate is 1.75 cents per minute. The rate for ringtones is 24 cents per ringtone.

Five Steps to Protecting Your Music and Your Money
There are a lot of independent labels out there waiting to use a talented musician to make quick money. The offers may seem hard to refuse,