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The songwriters gets revenue from the publishing of the song.
Plus the songwriters get 50% of the performance royalties (split with the performers).
Plus the songwriters get the mechanical royalties from any licensing.
There is much more money in songwriting than there is in being a musician playing on an album.
It is one of the things that splits up bands, because one member often writes the tunes and ends up much much wealthier than the rest- look at Smashing Pumpkins.
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