Sorry if this is a silly question, what's the difference between song writing and publishing credit? Like wouldn't a song they worked on give them song writing credit and then publishing credit because it was acutally published? I would assume you get song writing credit for writing it whether it gets made or not? And you get paid for that? I'm really sorry for this dumb question! And did you mean monetarily Louis gets the most money from these two sources?
A song’s royalties are split into three parts: performance (the artist), writer (the songwriters), and publisher (the people who license the song).
The artist gets nothing when a song is played on the radio or performed live, songwriters and publishers get all of that money, but when a song is sold or streamed, the artist gets the lion’s share of the money from a sale (or their record company does, but that’s another post).
Songwriters have publishing companies and they work about the same way that record labels work for artists. They promote the songwriter’s songs, collect and distribute the money earned from plays or sales, and if the songwriter is not self supporting already, they sign deals where the publisher gives them an advance on possible future sales.
Out of that advance, the publisher keeps the publishing rights to a song. This means they can license the song to an artist to perform it, or they can approve the use of the song in a commercial/tv show/movie/etc.
Established songwriters have their own publishing companies, so that they get both the songwriter share of a song and the publishing share and then they just pay a third-party company to collect royalties for them for a fee instead of giving them ownership.
As for Louis and Just Hold On, the songwriters on that song are split between PRS (who do not have public records), ASCAP, and BMI (who show ownership and splits but not all of them and not in the same way). So, from what I can tell, Louis owns 37.5% of the song’s publishing and songwriting royalties, Steve has 30%, and the other three credited writers split the other 32.5%. It also looks like Steve and Louis evenly split the songwriting royalties, but Louis gets more in publishing (I won’t swear to this since some of the info is hidden, but that’s how it appears).
Performance royalties are probably split evenly between Steve and Louis, but I have no way of knowing that for certain.
Hope that answered your question.
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