MBUS 3010 Final Exam Questions with Correct Answers Latest Update 2025/2026
ASCAP - Answers American Society of Composers, Authors and Publishers. Performing Rights
Organization. Non-profit. Collects and pays royalties to songwriters and publishers for public
performance of a song, such as radio, TV, streaming and live performances. PROS's do NOT pay
artists and labels. PRO's do NOT pay royalties for sales of records, cd's or downloads.
BMI - Answers Broadcast Music, Inc. Performing Rights Organization. Collects and pays
royalties to songwriters and publishers for public performance of a song, such as radio, TV,
streaming and live performances. PROS's do NOT pay artists and labels. PRO's do NOT pay
royalties for sales of records, cd's or downloads.
SESAC - Answers Society of European Stage Authors and Composers. Performing Rights
Organization. Collects and pays royalties to songwriters and publishers for public performance
of a song, such as radio, TV, streaming and live performances. PROS's do NOT pay artists and
labels. PRO's do NOT pay royalties for sales of records, cd's or downloads.
GMR - Answers Global Music Rights. Performing Rights Organization. Collects and pays
royalties to songwriters and publishers for public performance of a song, such as radio, TV,
streaming and live performances. PROS's do NOT pay artists and labels. PRO's do NOT pay
royalties for sales of records, cd's or downloads.
SoundExchange - Answers Collects and distributes royalties for artists, session musicians and
labels for non-interactive streaming of a recording on a platform such as Sirius XM or Pandora.
They do NOT pay writers and publishers. This is the only way that side musicians earn royalties
for songs they played on.
RIAA - Answers Recording Industry Association of America. Trade organization. Certifies sales
numbers. Awards Gold (for US sales of at least 500k) and Platinum (for US sales of at least 1m)
records.
IFPI - Answers International Federation of Phonographic Industries. Worldwide trade
organization. Awards Platinum Records for Europe.
NARAS - Answers National Academy of Recording Arts and Sciences. Puts on the Grammys;
Recording industry trade organization. Must be music professional to join. Grammy U is their
student division.
NAMM - Answers National Association of Music Merchants. Music Retailers, Manufacturers
trade organization.
NMPA - Answers National Music Publishers Association. Music Publishers trade organization.
Music Biz - Answers Music Business Association. Non-profit membership organization that
advances and promotes music commerce.
, AFM - Answers American Federation of Musicians. Musicians Union.
SAG/AFTRA - Answers Screen Actors Guild and American Federation of Television and Radio
Artists. TV and Radio performers union.
Spotify - Answers Streaming service: The most paid subscribers.
Apple Music - Answers 2nd in paid subscribers. Pays higher royalties than Spotify.
Amazon Music - Answers Amazon Music is growing. Like Apple Music, since they are part of a
huge company, the music service does not have to be profitable as a stand-alone entity.
Tidal - Answers Higher sound quality; higher subscription price; higher royalties.
YouTube - Answers Most users worldwide; among the lowest per stream royalties of any major
service.
Billboard - Answers Leading music business trade publication.
Pollstar - Answers Live music trade publication.
MLC - Answers Mechanical Licensing Collective.
MLC - Answers Issues licenses to streaming and download services and pays royalties to
songwriters and publishers for streaming and downloads.
Soundscan - Answers Tracks retail sales of recorded music.
Gold Record - Answers 500,000 sales or TEA.
Platinum Record - Answers 1,000,000 sales or TEA.
Diamond Record - Answers 10,000,000 or TEA.
T.E.A. - Answers Track Equivalent Album - Billboard Charts use TEA to determine chart rankings
now. 10x download = 1 album.
S.E.A. - Answers Stream Equivalent Album - Billboard Charts use TEA to determine chart
rankings now. 1250x streams = 1 album.
Billboard Artist 100 - Answers Combines performance across the Hot 100 chart, the Billboard
200 album chart, and the Social 50 chart.
Billboard Hot 100 - Answers Singles Chart.
Billboard 200 - Answers Album chart.
Billboard Social 50 - Answers Ranks artist by recent social media activity. Compiled by Next Big
Sound.
ASCAP - Answers American Society of Composers, Authors and Publishers. Performing Rights
Organization. Non-profit. Collects and pays royalties to songwriters and publishers for public
performance of a song, such as radio, TV, streaming and live performances. PROS's do NOT pay
artists and labels. PRO's do NOT pay royalties for sales of records, cd's or downloads.
BMI - Answers Broadcast Music, Inc. Performing Rights Organization. Collects and pays
royalties to songwriters and publishers for public performance of a song, such as radio, TV,
streaming and live performances. PROS's do NOT pay artists and labels. PRO's do NOT pay
royalties for sales of records, cd's or downloads.
SESAC - Answers Society of European Stage Authors and Composers. Performing Rights
Organization. Collects and pays royalties to songwriters and publishers for public performance
of a song, such as radio, TV, streaming and live performances. PROS's do NOT pay artists and
labels. PRO's do NOT pay royalties for sales of records, cd's or downloads.
GMR - Answers Global Music Rights. Performing Rights Organization. Collects and pays
royalties to songwriters and publishers for public performance of a song, such as radio, TV,
streaming and live performances. PROS's do NOT pay artists and labels. PRO's do NOT pay
royalties for sales of records, cd's or downloads.
SoundExchange - Answers Collects and distributes royalties for artists, session musicians and
labels for non-interactive streaming of a recording on a platform such as Sirius XM or Pandora.
They do NOT pay writers and publishers. This is the only way that side musicians earn royalties
for songs they played on.
RIAA - Answers Recording Industry Association of America. Trade organization. Certifies sales
numbers. Awards Gold (for US sales of at least 500k) and Platinum (for US sales of at least 1m)
records.
IFPI - Answers International Federation of Phonographic Industries. Worldwide trade
organization. Awards Platinum Records for Europe.
NARAS - Answers National Academy of Recording Arts and Sciences. Puts on the Grammys;
Recording industry trade organization. Must be music professional to join. Grammy U is their
student division.
NAMM - Answers National Association of Music Merchants. Music Retailers, Manufacturers
trade organization.
NMPA - Answers National Music Publishers Association. Music Publishers trade organization.
Music Biz - Answers Music Business Association. Non-profit membership organization that
advances and promotes music commerce.
, AFM - Answers American Federation of Musicians. Musicians Union.
SAG/AFTRA - Answers Screen Actors Guild and American Federation of Television and Radio
Artists. TV and Radio performers union.
Spotify - Answers Streaming service: The most paid subscribers.
Apple Music - Answers 2nd in paid subscribers. Pays higher royalties than Spotify.
Amazon Music - Answers Amazon Music is growing. Like Apple Music, since they are part of a
huge company, the music service does not have to be profitable as a stand-alone entity.
Tidal - Answers Higher sound quality; higher subscription price; higher royalties.
YouTube - Answers Most users worldwide; among the lowest per stream royalties of any major
service.
Billboard - Answers Leading music business trade publication.
Pollstar - Answers Live music trade publication.
MLC - Answers Mechanical Licensing Collective.
MLC - Answers Issues licenses to streaming and download services and pays royalties to
songwriters and publishers for streaming and downloads.
Soundscan - Answers Tracks retail sales of recorded music.
Gold Record - Answers 500,000 sales or TEA.
Platinum Record - Answers 1,000,000 sales or TEA.
Diamond Record - Answers 10,000,000 or TEA.
T.E.A. - Answers Track Equivalent Album - Billboard Charts use TEA to determine chart rankings
now. 10x download = 1 album.
S.E.A. - Answers Stream Equivalent Album - Billboard Charts use TEA to determine chart
rankings now. 1250x streams = 1 album.
Billboard Artist 100 - Answers Combines performance across the Hot 100 chart, the Billboard
200 album chart, and the Social 50 chart.
Billboard Hot 100 - Answers Singles Chart.
Billboard 200 - Answers Album chart.
Billboard Social 50 - Answers Ranks artist by recent social media activity. Compiled by Next Big
Sound.
