‘1 Share’ is the smallest unit in which the copyright royalty of the song can be divided, and it refers to the right to receive the copyright royalty.
All copyright royalty-related data (revenue, etc.) shown in Musicow is based on the unit of ‘1 Share.’
You can check the exact amount (share) of copyright royalty for ‘1 Share’ in the ‘Copyright Information’ section of each song.
According to the current Copyright Act, the author’s right will last for 70 years after the death of the original author (in the case where there are multiple authors (co-author), 70 years after the death of ‘all’ authors), and the neighboring right (record producer’s right portion) will last for 70 years from next January 1st of the release date of the original record.
According to the current Copyright Act, the person who holds the author’s right has the right to reproduce, perform, transmit, display, distribute, rent, and adapt the original work. Therefore, a fee shall occur whenever someone else attempts to use the work (music) for the purposes stated above.
Copyright fees are collected by the Copyright Trust in accordance with a set of regulations. Even at this moment, copyright fees are constantly being collected from numerous sources such as broadcasting networks (TV, Radio, etc.), online music streaming services (Melon, Bugs Music, etc.), various performances (karaoke, concert, etc.), publishers, etc.
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