* Songwriting royalties: These are the payments that songwriters receive when their songs are played or performed in public. The amount of money a songwriter earns in royalties depends on a number of factors, including the popularity of the song, the frequency with which it is played, and the type of performance (e.g., radio airplay, live performance).
* Mechanical royalties: These are the payments that songwriters receive when their songs are sold in physical or digital format. The amount of money a songwriter earns in mechanical royalties depends on the number of copies of the song that are sold and the royalty rate that has been negotiated.
* Synchronization fees: These are the payments that songwriters receive when their songs are used in film, television, commercials, or other media. The amount of money a songwriter earns in synchronization fees depends on the popularity of the song, the length of time it is used, and the type of media in which it is used.
* Performance royalties: These are the payments that songwriters receive when their songs are performed live in public. The amount of money a songwriter earns in performance royalties depends on the number of times their song is performed, the venue in which it is performed, and the type of performance (e.g., concert, festival, club).
The total amount of money that a successful songwriter earns can vary dramatically from year to year, depending on the success of their songs. However, some of the most successful songwriters in the world have earned millions or even hundreds of millions of dollars in royalties.