How much money does a number 1 song make for songwriters?

Award winning songwriter Chris Wallin answers the question How much money does a number 1 song make for songwriters? Chris goes in detail how much #1 songs make. This is only part 1 of this video .
Part 2 is coming soon! In part 2 he goes through his current statements and shows you how much each royalty stream actually pays.
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Bio & Discography
Chris Wallin Bio
With his unique gift for finding the extraordinary in ordinary life, Chris Wallin has established himself as one of Nashville's most sought-after songwriters.
For the past several years, Wallin has topped the charts with classics-in-the-making for the industry's biggest stars: “Love Me If You Can” by Toby Keith, "Don't Blink" by Kenny Chesney, “I’m Tryin’” by Trace Adkins, “Something To Be Proud Of” and “Speed” by Montgomery Gentry and "People Loving People" by Garth Brooks .
Raised in the small town in East Tennessee Wallin was influenced by the likes of Jim Croce, James Taylor and Merle Haggard, as well as his own musical family - especially his mother, a singer herself. She recorded and performed in Nashville when Chris was only 7 years old, and the experience made an indelible impression on Chris.
He began writing songs at age 12 and, perhaps inevitably, moved to Music City several years later, making the dues-paying rounds of writers nights and songwriting contests. He caught a break when his songs caught the ear of a small publishing company called King Lizard Music.
Since then Wallin has worked hard to achieve his place on the “A List” of Nashville songwriters, and doesn't take his status for granted: Chris says “Back then I used to buy 50 or so McDonald's 29 cent hamburgers a week and freeze them solid. I could eat all week on $15 … They weren’t bad, except the last few get a little crusty from freezer burn.”
Artists who have cut Chris’s songs include Lorrie Morgan, Garth Brooks, Aaron Lewis, Montgomery Gentry, Sammy Kershaw, Trace Adkins, Anthony Smith, Jeffrey Steele, Confederate Railroad, Neal McCoy, Brian Mccomas, Brad Paisley, Joe Diffie, Diamond Rio, Kenny Chesney, Toby Keith and many more.
Major Label Recordings
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Kenny Chesney - Don’t Blink, Got A Little Crazy Last Night
Garth Brooks - People Loving People, Cold Like That, Fish
Toby Keith - Love Me If You Can
Three Days Grace (Rock group) - Time That Remains, Expectations
Trace Adkins - I’m Tryin’ , Proud To Be Here, Metropolis & My Heaven
Montgomery Gentry - Speed, Something To Be Proud Of, All I Know About Mexico
Confederate Railroad - That’s What Brothers Do
Diamond Rio - The Box
Lorrie Morgan - 3 Seconds
Joe Diffie - Good News/Bad News
Sammy Kershaw - Metropolis, 3 seconds
Brad Paisley - Famous People
Joe Nichols - Baby Your In Love With Me
Ray Benson - Killed By A .45
Craig Morgan - Being Alive And Livin, Summer Moon
Neal McCoy - Biggest Fan
Earl Scruggs - Heaven Is A Small Town
The Roosters - Kill The Mullet
3 Bridges - Satan And Grandma
Michael Peterson - Good Thing When Its Gone, Grave To The Cradle
Borrowed Blue - I Shouldn’t Love This
Julie Roberts - One For The Road
Brian McComas - You’re In My Head
Anthony Smith - Metropolis, That’s What Brothers Do, Venus, John J. Blanchard, Impossible To Do, Up To The Depth, I Lived That Song, Natural Disaster
James Otto - Soldiers and Jesus, Just Like Sunshine
John Schneider - Even The Snow
Lucy Angel - Serious
Keith Anderson - Adaliene
Jeffrey Steele - Swamp Thing, I Was Younger Then
Tommy Shane Steiner - John B. Blanchard

[@anonymike8280]

The all-time song success story, if not for absolute dollars then for the story's appeal, might be Bart Howard's "Fly Me to the Moon", originally titled "In Other Words". Howard wrote the song in 1954 when he was 39 years old. Over time, it became a jazz and pop standard and, thanks to Frank Sinatra's 1964 hit cover, a great classic. Reportedly, Howard made a continuing income for life off of this one song. I wouldn't be surprised if the song still makes enough money for a person to live on. The song will not go into the public domain until the 2070s.

[@marklane870]

You're a great asset to the songwriting community Chris! Thanks for sharing

[@matthewchild]

Thanks for sharing Chris.

[@JeffDaytonMusic]

Thanks Chris! Appreciate you brother!

[@ElliottKayneMusic]

Great info, thanks. And I just listened to your #1 song . WOW thats a great song, Thats something to be Proud of !!!😎

[@BillionzEnt.]

Congratulations

[@user-js6ol8xm9l]

hi this was a great video, but I cant find part 2 on your channel is it still uploaded?

[@davidchapamusicofficial]

This is great! I’ve gotten a little glimpse into this from another artist, but this is very in depth. Maybe you answer this in part 2, do you find new songwriters are having to give up more, including some writing credit, to the recording artist to get them to cut their song? Also - I have always hit dead-ends when it comes to where and how to pitch my songs. Thanks so much for all of this, I’ll listen to the next one.

[@elvis2014]

yeah me too Pollock

[@dynamicalan]

Thank you for sharing this and for spending your time doing this: do radio stations still pay 10 cents a play for performance royalties? Of course this would be the total publishers share, the publisher and the songwriters.

[@rexchiquine6049]

I have met you in Nashville,,,,

[@KittKattBarr222]

Where's part 2?? You left me hanging on the edge of my seat!!! 😂.
Also, as a note for anyone interested. If this money had been immediately invested the first years income on his songs into dividend paying ETFs. Something like RYLD, that pays 12% annually. He would be getting paid roughly $6500/ month in dividends for life, without touching principle. Plus, he would keep getting royalties for his songs going forward. If he re-invested those, that income would only keep increasing, even without another #1.

[@bayshorepark1231239]

tell me more

[@elvis2014]

Check this out, I don`t know the details about how much this guy contributed to the song. His tattoo guy was sharing this with me he said it could have been a verse a riff or just about anything. Anyway after a few days they call him in and tell him the record is doing well and they wanted to show their appreciation by handing him a check for ten-thousand dollars and had he been there alone he woulda tore the guy`s arm off but he brought a friend along and he is a roadie and he advised the cat to check with a lawyer that specializes in music contracts. So he did and the lawyer asked him how long he had to decide? The cat said one year and the lawyer said I would wait because you never know what may transpire. HE ended up with 1.2 million dollars so as you can see the music industry uses some type of gorilla math much like medical, oil, 30 cookies..six dollaes plus

[@cliftonsuber]

Hey Chris, I’ve got 2 number 1’s written right now I’m sure of it. My question is, how do I get them to Nashville without having to split my song 10 different ways, your song something to be proud of only had you and the publisher so as I understand you got 100% of the songwriters cut, how did you do that if you don’t mind me asking?

[@TheCuttyBrown]

U get it sorted out??

[@webbphoto2]

Good chunk of money but goes quickly when the tax man takes his share. hahaha it goes to show you have to keep writing and getting them recorded to make a good living.
Thanks for sharing this info, it opens ours eyes to the life of a writer.

[@GreatSongs]

Something else I’m going to eventually cover is catalog sales. I sold my catalog back in the day . It’s interesting how all that works and how you make more money that your song has made by sell a portion of your recurring revenue.

[@travisdean8794]

As a new songwriter may I ask some questions?

[@whiskeygallows1764]

When you say songwriter and he wrote the song are you talking the entire song music and all or just the lyrics and melody progression

[@bayshorepark1231239]

more than likely the lyrics are the main part along with a unique melody

[@thesongwriter6308]

RIp Toby Keith

[@rexchiquine6049]

Buy a house write a song,,,