Copyright can be used as a noun, verb or adjective and describes the exclusive legal right to reproduce, publish, sell, or distribute the matter and form of something. Previously in this blog, Carlos Alvarez from Azteca Records wrote a four-part series on music publishing.
The International Standard Musical Work Code, or ISWC, is a unique identifier for musical works. Like the ISRC is for recordings and the ISNI is for people, the ISWC helps identify and disambiguate musical works. Along with being a unique identifier, the ISWC is also permanent and an internationally recognized ISO reference number for the identification of musical works.
Before I continue, I wanted to mention briefly that I was just recently asked by a reader of this article of when should a writer expect to be paid his/her royalties. The music publishing industry works on a quarterly basis when it comes to getting paid. So for all royalties generated by the use of the song, the music publishers will receive royalty payments every quarter.