What is a Music Publishing Company? · A music publishing company is a firm that ensures that musicians are paid royalty payments for their work. They also promote the musicians work to maximize the earnings potential of their music. Music Publishing Companies and Musicians · Musicians enter into a contract called a publishing contract, which allows the music publishing company to manage the use of the musicians music. Think of it like a power of attorney agreement. The music publishing company is authorized to market and license the music as well as market the musician for non-album musical work, monitor how the music is used (and help initiate legal action against unauthorized users) and collect royalty payments on behalf of the musician. Music Publishing Company Fees · Music publishing companies generally offer their fees for a percentage of the royalties generated. Fees, which can be as high as 50 percent, are generally higher for unknown or unpopular artists then for popular artists. Because of this compensation structure, music publishing companies have a strong incentive to promote and license the musicians music as much as possible. Music Publishing Companies and Record Companies · Music publishing company services typically do not extend to the music musicians record for albums produced and distributed by their record company. This copyright, known as masters, is generally owned by the record label, which may manage the music as they see fit. In certain extraordinary cases, a musician may own their masters, but usually only after buying them back from the record company. Music Publishing Companies and Songwriters · Music publishing companies also often work with songwriters to copyright their music as well as place their music with musicians. In this case, songwriters will also generally pay a percentage of their royalties to the music publisher and derive income if the song is recorded by a musician and distributed on the musicians album or performed in concert. #HOUSEOFBERTHAENTERTAINMENT2015
Posted on: Tue, 20 Jan 2015 04:36:07 +0000
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