Resource Centre Glossary

Keychange: Network of women and gender minorities in all areas of music, look in the directory for the countries and profiles you’re looking for then reach out.
Music export
A narrow definition of music export refers to earning music related revenue from another country than one's own, that is, where one lives, has registered the entity earning the revenue, pays taxes, etc. In a broader sense music export is sometimes taken to refer to internationalisation in general, including other aspects than economic earnings. See also: revenue, internationalisation
Music export capacity
Music export capacity refers to the knowledge, skills, experience and access to professional networks and financial capital of the music sector actors – artists, creators, professionals, music companies, etc. In other words, when artists and their teams or other music companies aim to develop music export towards certain markets, there is some basic and specific knowledge they need to have to understand the target market as well as developing sufficient professional contacts there. In addition to understanding and network, the music exporters need to be able to act, including team professional experience and skills and sufficient financial capital to invest into music export activities. All this together – the knowledge, professional networks, access to financial capital and the professional capability of the team – can be referred to as the music export capacity of that team.
A royalty is a legally binding payment made to an individual or company for the ongoing use of their assets, including copyrighted works, franchises, and natural resources. An example of royalties would be payments received by musicians when their original songs are played on the radio or television, used in movies, performed at concerts, bars, and restaurants, or consumed via streaming services. In most cases, royalties are revenue generators specifically designed to compensate the owners of songs or property when they license out their assets for another party's use.