Learning goals

By the end of this lesson, you should be able to:

• Explain why music rights exist and why they matter economically, creatively, and professionally.
• Describe the “music rights” framework as a system of property, permission, and payment.
• Identify the two primary “things” the industry treats as separate assets, and understand how value flows from each.
• Understand what a royalty is (conceptually), why it’s used, and what conditions typically trigger it.
• Recognize the stakeholders commonly involved in rights and royalty flows, without needing to memorize any specific organizations or procedural details.