Koda is a non-profit collective rights management society that administers Danish and international copyrights for music creators and publishers, when their music is performed in public. Koda represents approximately 45,000 Danish composers, songwriters and music publishers. Through reciprocal contracts with rights societies in more than 180 countries, Koda offers the entire world repertoire of music in one single agreement.
Music Publishing is the business of protecting and promoting song copyrights and collecting the royalties that these copyrights generate. Think of a song as intellectual property (it's an original piece of art!), and music publishing as the business that makes sure that songwriters get paid a fair compensation when their intellectual property is used by companies. Those companies could be record labels (mechanical royalties), radio stations, bars, and restaurants (performance royalties), or film studios and advertising agencies (sync license fees), and many more.