1. Before the agreement
Most groups have probably been working together for a while before they actually sign an agreement. All financial records related to expenses and income should be kept from day one. They should also be made available to the groups’ accountant as soon as possible. The accountant can then establish the fact that the group has had trading years before they signed agreements which may be advantageous from a tax point of view, because it’s better if substantial advances do not come in the groups first year of trading. This should be discussed at an early stage with an accountant. continue
Posted by (0) Comment
The Controlled Composition Clause addresses how much money a record company will pay its recording artist (in his capacity as a composer) for those of his songs which he records. Thus, every musician who records for, or licenses or sells his or her self produced master to, a record company should analyze the Controlled Composition Clause carefully. Recently, the Controlled Composition Clause has become vastly more onerous, especially as used by the major record companies and thus should be carefully reviewed. However, even in its more benign form this clause needs to be evaluated.
Typically the Controlled Composition Clause, in its more benign form, provides for the recording artist to grant his record company a mechanical license for the recording artist’s own compositions at a reduced mechanical royalty rate then what currently is in effect.
A hypothetical example of this latter type of Controlled Composition Clause reads as follows:
“… Record Company is hereby granted a mechanical license for all Controlled Compositions, as defined below, embodied in the Masters at fifty (50%) percent of the minimum statutory mechanical copyright royalty rate in effect on the date of first release of Records containing such Controlled Compositions (the “Controlled Rate”). The term “Controlled Composition” means a Composition embodied in any Master delivered hereunder which is written or composed by Owner, alone or in collaboration with others, or is owned or controlled, in whole or in part, directly or indirectly, by Owner, or by any person, corporation, partnership, firm, or other entity in which Owner has a direct or indirect interest…”
Posted by (0) Comment
In many of the most important deals that an artist or songwriter will sign in his/her career, there will contain provisions requiring the transfer of ownership of rights to their songs and recordings. This granting of copyrights by an artist to another party is called an assignment and is an important term to understand. continue
Cases concerning disputes over Intellectual Property Rights (IPR’s) have been on the rise since the beginning of the Internet. This is because infringing material can be found fairly easily when someone creates material that infringes the rights of another. It is important to know that copyright law does not protect an idea, a name, an advertising slogan or a title. In these instances, companies need to protect their work through a registered trademark which is filed through the U.S. Patent and Trademark Office. The trademark must be “famous” and “distinctive.” In order to win a case over trademark infringement, a company must show that the infringer’s trademark causes “a likelihood of confusion” in the public eye and/or a likelihood of damage to the value or goodwill of the original trademark. continue
Posted by (0) Comment
The ‘music industry’ has at last awoken to acknowledge the existence of ‘new’ music distribution networks such as the World Wide Web and P2P. It has also begun to realise that quashing these technologies by imposing crippling Digital Rights Management on digital recordings may not be terribly effective, and so a new business model has been proposed - the 360-Degree record deal… continue
All recording contracts will define the “term” of the agreement. This explicitly sets out the length of time that the recording agreement between a company and an artist is valid. This will usually consist of the initial term as well as further option periods, commenced by both parties in varying, negotiable ways. For example, the term of an agreement may be an initial two-year period, with three additional one-year agreements (totaling a five year period). continue
Posted by (0) Comment
To Distribute Your Digital Music via iTunes, Rhapsody, Napster, MusicNet and more use CD Baby No Monthly Fees, No Runaround.
continue
Posted by (0) Comment
What is music licensing and how can it make an artist/songwriter successful? In the music industry, a license is really a “music clearance” sought by a person or company that wishes to use or reproduce another’s work. Currently, there a variety of ways in which licensing can create revenue streams for artists and songwriters. There are hundreds of cable TV shows that use music, films of all stature that need soundtracks, and cell-phones that can play ringtones and ringbacks, among others All of these involve money being paid in return for the right to use someone else’s music. continue
Posted by (0) Comment
Podcasting is all the rage on the Internet right now and one of the many challenges facing podcasters today (and there are millions of them) is finding royalty-free music to use in their programs. Enter the Podsafe Music Network (PMN). Podcasters can go to this web site to find music to use in their programs that is guaranteed to be free of licensing restrictions. Here’s where you enter the picture – if you sign up for the PMN, you can make your music available to thousands of podcasters all in one place. While this means you are giving your music away for free use, the exposure potential is very good. If you have already been offering fans and visitors to your web site a few free music downloads to hook them on your music, you might as well make those available for use here as well.
Developments in entertainment technology and the increase in immediate, on-demand content for consumers have driven the expansion of today’s media landscape. With a rapidly growing number of physical and virtual platforms with which to enjoy music the control of copyright in such various uses has many legal implications. Foremost, new uses of content create a need for greater awareness and regulation of copyright infringement. continue