With mechanical royalties, the rate paid per song is currently 9.1 cents. This amount is often divided between co-screenwriters and publishers. But famous composers earn much more than that. While there are many composers who earn much less than that.
Ryan Tedder is the leader of OneRepublic and the composer of a lot of famous and catchy songs, such as “Halo” by Beyonce, “Bleeding Love” by Leona Lewis, “Rumour Has It” by Adele and many others. Below, you'll read tips for writing songs and tips on how to succeed as a songwriter in the music industry. With all the ways a songwriter can make money, it's definitely possible to make a decent living from their songs, as we've seen with songwriters throughout modern history and today. Every time you play your songs live in a public place, an interpretation rights organization (PRO) such as BMI or ASCAP owes you royalties as a composer.