Music Business

Authorship and Royalty

The Music Telegraph | Text 2018/11/29 [14:19]
Music Business

Authorship and Royalty

The Music Telegraph| 입력 : 2018/11/29 [14:19]

 

▲ ASCAP (American Society of Composers, Authors, and Publishers)  

 

 

 

Authorship and Royalty

 

 

7 types of Authorship:

 

     1. Sound Recording - Music album, CD, Speech, Sound effects

 

     2. Literary - Books, Scripts, Poems, Literatures

 

     3. Choreographic - Dance

 

     4. Dramatic - Plays, Musicals, Theater

 

     5. Music - Music, Lyrics

 

     6. Pictorial Graphic or Sculptural - Art, Sculpture, Photography, Designs, Blueprints

 

     7. Audio Visual - Videos, Film, TV Broadcasts, Websites

 

 

 

Royalties:

- Money earned from material being performed or played on broadcast media (radio, tv, cable, internet) 

- Income from commercial use of your material

 

 

$ (Net Profits) = Time of Day

                               Media Performed on

                               Number of Times Played

                        + )___________________        

                                Total

                                Expenses

                         - )____________    

                          => Royalties

 

 

 

P.R.O.

- Performance Rights Organization

- Check and Monitor money distribution

 

 

 

Top 3 P.R.O. in United States & World:

- ASCAP (American Society of Composers, Authors, and Publishers)

- BMI (Broadcast Music Inc.)

- SESAC (Society of European Stage Authors and Composers)

==> keep track of royalties for writers and publishers (collect your performance royalties)

 

 

 

Publisher:

- Entity that makes sure your songs generate an income (music pimp)

 

 

 

‘Harry Fox Agency’:

- Independent company handles administration of publishing companies

- They will also audit record companies for you (check company money)

- https://www.harryfox.com

 

 

 

 

 

 

                    

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