AFM & SAG-AFTRA Intellectual Property Rights Fund Distributing $62 Million In Royalties
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deadline.comBy David Robb Labor Editor More than 42,000 session musicians and singers will be sharing $62 million in royalties collected by the AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund, touted as the largest distribution in the fund’s history.
The unions say that the average payment to studio musicians and singers is approximately $1,500, but some performers are receiving well above that amount.
The fund distributed $60 million in royalties in 2019 and over $430 million since it was created in 2008. “This is great news at such a difficult time for musicians,” said Ray Hair, president of the American Federation of Musicians. “This fund provides for session players who live gig to gig, and there has never been a greater need for
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