Erin M. Jacobson. (Image via themusicindustrylawyer.com)
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There are several potential musician income streams that you'll unfortunately never see if you don't set yourself up to collect them. More established musicians have the same responsibility, but often have representatives taking care of these procedures for them, whereas independent musicians have to oversee royalty collection themselves. This means that many independent musicians are losing out on money they could otherwise be collecting because they either fail to register their songs properly, or they haven't registered at all with the appropriate agencies that collect and pay out these royalties.
Are you properly registered with these four services? If not, you're probably missing out on money you deserve!
Note: This article only focuses on royalty streams within the United States. It does not discuss international royalty streams.