Horse and jockey. Geoff Mack wrote a beautiful horse and Johnny Cash rode it for all it was worth. It's annoying that Mack is ignored, not that Cash is lauded.
Mechanical Royalty – A songwriter receives a mechanical royalty from the sale of a song on an album or a legal digital download. This rate is set by a Copyright Royalty Board made up of 3 judges who meet every 5 years to set rates. The original mechanical royalty was established in 1909 and set at 2 cents. Today, the current rate is 9.1 cents (typically split with co-writers and publishers).
Performance Royalty – A songwriter receives a performance royalty when their song is performed on terrestrial broadcast radio, in a live performance venue, or via online streaming services. In the United States, performance royalties are paid out through Performing Rights Organizations (ASCAP, BMI and SESAC) and are governed by consent decrees from WWII requiring the PROs to go to rate court to receive their rates from entities seeking to license the songs they represent.
Synch Fees – A songwriter receives a synch fee when his/her song is licensed for use to synchronize with video (i.e. television, movie, YouTube video). This royalty is freely negotiated in the marketplace and is typically split 50% to the writers and 50% to the artist and record label.
Geoff Mack was probably well-paid for his work.. And from multiple artists performing and recording it, and many radio stations broadcasting it. Cash probably made more money for Mack than any other artist.
Songwriters are paid via 3 royalty streams:
Mechanical Royalty – A songwriter receives a mechanical royalty from the sale of a song on an album or a legal digital download. This rate is set by a Copyright Royalty Board made up of 3 judges who meet every 5 years to set rates. The original mechanical royalty was established in 1909 and set at 2 cents. Today, the current rate is 9.1 cents (typically split with co-writers and publishers).
Performance Royalty – A songwriter receives a performance royalty when their song is performed on terrestrial broadcast radio, in a live performance venue, or via online streaming services. In the United States, performance royalties are paid out through Performing Rights Organizations (ASCAP, BMI and SESAC) and are governed by consent decrees from WWII requiring the PROs to go to rate court to receive their rates from entities seeking to license the songs they represent.
Synch Fees – A songwriter receives a synch fee when his/her song is licensed for use to synchronize with video (i.e. television, movie, YouTube video). This royalty is freely negotiated in the marketplace and is typically split 50% to the writers and 50% to the artist and record label.