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Copyright, Licenses from Midterm leave you have the right to leave.

They are binding you to the


 Music Supervisor contract.
o In charge of choosing the songs for
a film/tv show  Co-terminus
o Playlist for movies o States the length of the agreement
 Sound Exchange with an artist
o Interactive streaming (Record  Injunctive Relief
Company pays Artist) vs. Non- o Two companies having business
interactive streaming (SX pays with each other until they settle
artist) the legal dispute
 Name + Likeness  Override
o Your name and your image (brand) o Payments that come directly from
is owned by the record company the record company, basically any
nonexclusively and in perpetuity royalty payment that doesn’t come
 Jointly + Severally from the all-in royalties
o As a group and also as individuals.  360 Deal
o If it’s just jointly then you can leave o Record companies have different
 Cross-Collateralization income sources from the artist
o Artist needs to pay back the (merchandize, publishing, etc.)
unsuccessful record from the next
record Special Session
 Re-recording Restriction
o When your record deal ends and 1.5 Hours long
you move to a different company, 3 min song
you can’t record any songs that
you recorded at the other record AFM
company for at least five years
 Record One Special Session $300
o If you’re the producer, you are 1st double: 20%
guaranteed royalties on all records 2nd double: 15%
sold, but it is calculated before any H+W $20 1st, $15 2nd
deductions on behalf of the artist. EPW: 10%
Before the artist pays back the
Record Company you are paid. Pension is 10% of the scale and double
 Favored Nation
o Clause in your contract that says if AFtra: Type: S1, Side 1, MTK 2, SWT, HRS 1, Total =
you are a producer for an album, $600
and another producer joins the
project you can be paid their rate if
it is higher. What is the royalty that Eminem is receiving?
 Indemnification/Hold-Harmless
o When you have a contract and the
other party is responsible for
damages, legal fees, etc.
 Main Man/Keyman
o When you sign to a company
based on a main person, so if they
Synch License:
What: specific song The maximum statutory rate is $0.091
For how long? In perpetuity
How much? Simple fee • Record One: the producer’s share of “all-in”
Exclusive? Limited exclusitivity for 1 year royalties is calculated retroactive to “record one”,
once production expenses are recouped.
Print, single sheet license: • Favored Nation & Prorate royalty: if
What? Specific song multiple tracks by multiple producers or co-
For what use? Single folio sheet music production situations
How long? 5 years • Approved Budget vs. Recording Fund (“All-
How much? 15% of retail in” royalties”)
Exclusive? Yes, for that format only
Production Company: Deal elements
Derivative (sampling) license: o Side/inducement letter: record company
What? Specific section of song requires it; artist acceps all terms signed om their
For what use? In new song/track in specific locations behalf by production company
How long? Perpetuity
How much? Flat fee or % of new copyrights
Is it exclusive? No Over ride: given to the person or people who may
have had the ears or ability to find talent/artist.
Performance license:
What? Entire catalogue Re-recording restrictions: an artist or group may not
What use? Unlimited release a new recording of a song that was
How long? 1-5 years commercially released under their previous
How much? Set fee recording contract until a certain number of years
Exclusive? no
Contract terms:
• Jointly & severally
• Main man/key man
• Term: length of time or # of records ( or co-
terminus)
• Royalty: “record one,” “favored nation,
“prorated, 360 participation
• All-in: may include/become “override”

Term: Traditionally meaning length of time (often


extendable at record companies option), but as
records took longer to record, the “Term” of a
record contract became based on the number of
records released.

There can’t be an exclusive mechanical license


because by law if you agree to pay a maximum fee,
anyone can use the copyright.

Four Roles of Publisher:


 Exploit the copyright
 Administer the copyright
 Advance money to the songwriter
 Develop the songwriter

5 Basics Rights of a Copyright:


 To reproduce copies
 To distribute copies for sale, rental ,or lease
 To make derivative copies
 To display
 To perform publicly (but not inc. for sound
recordings)

A&R and Distribution.


 A&R visits publishers to find best songs for
singers
 Distribution has regional firms into national
distributors

“make sure contract includes performance royalties”

Royalty reverse accounts:


 Records not sold and paid for could be
returned and receive a credit

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