diff --git a/_subsections/music-production-company/desc-sound_exchange_LOD.org b/_subsections/music-production-company/desc-sound_exchange_LOD.org deleted file mode 100644 index 2f02afb..0000000 --- a/_subsections/music-production-company/desc-sound_exchange_LOD.org +++ /dev/null @@ -1,123 +0,0 @@ -#+title: Description: Sound Exchange Lod - -* links -- [[../v08-producer_contracts.org]] - -* Copyrights Explained -two main rights of copy in the music industry -1. "masters" -2. publishing - -** masters -*** sound recording copyright of the composition and or song - - sound recordings include - - records - - masters - - phonogram ℗ (sound recording copyright symbol) - - audio recording files - - wav, mp3, aiff - - master recoring royalties - -*** master recording royalties -1. through the distributor - - tunecore - - distrokid -2. major label - -*** performance royalties -- soundexchange (US based) -- PPL (UK based) -- collection companies outside the US are referred to as "neighboring rights" - -** Publishing -- performing arts copyright - - composition - - sheet music - - midi files - - publishing - - song to be performed - -*** collect performance royalties for the composition -- [[https://www.bmi.com/][BMI]] -- [[https://www.sesac.com/][SESAC]] -- [[https://www.ascap.com/][ASCAP]] - - The American Society of Composers, Authors and Publishers - - US based -- [[https://www.prsformusic.com/][PRS for Music]] - - (UK based) - -*** mechanical rights collections -- [[https://www.harryfox.com/][HFA]] - Harry Fox Agency -- [[https://www.musicreports.com/][Music Reports]] -- [[https://www.themlc.com/][The MLC]] - Mechancical Licensing Collective - -*** lyric display royalties -- [[https://www.lyricfind.com/][LyricFind]] -- [[https://www.musixmatch.com/][musixmatch]] - - -** 6 Rights of Copyright -United States Code title 17 - -1. Right to Reproduce -2. Right to Prepare Derivative Works -3. Right to Distribute -4. Right to Public Performance -5. Right to Public Display -6. Right to Digital Performance - -* SoundExchange LOD in a Music Producer Contract -** What is a SoundExchange LOD? -A *Letter of Direction (LOD) for SoundExchange* is a formal document signed by an artist, directing **SoundExchange** (the U.S. organization responsible for collecting and distributing digital performance royalties) to pay a portion of royalties to a producer or another third party. - -** Why is an LOD Important? -- Ensures that the *producer receives a share* of **digital performance royalties** from non-interactive streaming services like Pandora, SiriusXM, and web radio. -- Since SoundExchange only pays **artists and labels**, an LOD is necessary for a producer to be paid directly. -- Without an LOD, the artist receives all royalties and must pay the producer manually. - -** How an LOD Works -1. *Producer & Artist Agreement*: The producer's contract includes a percentage of digital performance royalties. -2. *Artist Signs the LOD*: The artist fills out and signs a **SoundExchange Letter of Direction**, specifying the producer’s share. -3. *Submission to SoundExchange*: The LOD is sent to SoundExchange for processing, and upon approval, the producer starts receiving their share directly. - -** Sample SoundExchange Letter of Direction (LOD) -#+BEGIN_SRC text -[Artist’s Name] -[Artist’s Address] -[City, State, Zip Code] -[Email] -[Date] - -SoundExchange -733 10th Street NW, 10th Floor -Washington, DC 20001 - -Subject: Letter of Direction to Pay Producer Royalties - -To Whom It May Concern, - -I, [Artist’s Name], am the Featured Recording Artist registered with SoundExchange for the sound recordings listed below. I hereby direct SoundExchange to pay [Producer’s Name] ([Producer’s SoundExchange Member ID, if applicable]) a percentage of my digital performance royalties for these recordings, as detailed below. - -**Sound Recordings:** -1. "[Song Title 1]" - [ISRC] -2. "[Song Title 2]" - [ISRC] -3. "[Album Title]" - [ISRC] (if applicable) - -**Royalty Percentage to be Paid to Producer:** -- [X]% of the featured artist’s digital performance royalties - -By signing below, I authorize SoundExchange to make the above payments directly to [Producer’s Name] and acknowledge that this direction is irrevocable except by mutual written agreement. - -Sincerely, -[Artist’s Signature] -[Printed Name] - -**Acknowledged and Agreed:** -[Producer’s Signature] -[Printed Name] -#+END_SRC - -** Additional Notes: -- The ISRC (International Standard Recording Code) helps identify the exact recordings. -- The artist must be a **registered member of SoundExchange** for this to be processed. -- This LOD is **only for digital performance royalties**, not mechanical or publishing royalties.