A music label is a company that oversees the production, distribution and marketing of a musical artist's work. Music labels are responsible for signing new talent, providing financial resources, providing access to studios and other resources, and marketing and distributing the artist's music. A publisher, on the other hand, is a company that acquires, administers and licenses the underlying composition of a song. A publisher is typically responsible for collecting royalties from the sale, broadcast, and licensing of a songwriter’s works.