Here is an interesting article on how songwriters make money by writing hit songs.
http://www.rollingstone.com/music/pictur...y-20120119
Quote:Every time a track or record sells, all the songwriters receive a total of 9.1 cents in mechanical-royalty payments.
Of course, there are a lot more ways for a songwriter to make money. If the song appears in a movie, TV show, videogame or commercial, the publisher or record label makes a deal and the writer gets a certain (usually large) amount in licensing royalties. And a massive hit like "Rolling in the Deep" or "Poker Face" can make as much as $500,000 per year just in radio royalties. Plus, songs create royalties when they're performed in concert – by anybody – as well as at awards shows or sports events. They also draw (small but growing) royalties from streaming online – Spotify, YouTube, Rhapsody and others.
Quote: we can't say how the money is divided up among each songwriter and his or her publishing company – in a typical deal, a major publisher will take half of an inexperienced writer's total royalties, sources say.
Although I can "hear" Haley singing this song when I hear it, all is good for her. Ole is happy, and Haley gains more credibility as a songwriter.
Here is another article: How Much money Can I Make
http://blog.startmysong.com/2010/01/02/s...an-i-make/