From 7bb1ef0284cc4556343e5496d10c0366bbbb189a Mon Sep 17 00:00:00 2001 From: ronny abraham Date: Thu, 27 Feb 2025 00:36:17 +0200 Subject: [PATCH] added how to find a lawer, updated toc --- .../desc-sound_exchange_LOD.org | 59 +++++++++++++++++++ .../_descriptions/desc-sound_exchange_LOD.org | 1 + .../v09-record_label_lawyer.org | 48 +++++++++++++++ .../v10-understand_contracts.org | 9 +++ _subsections/v08-producer_contracts.org | 1 + 5 files changed, 118 insertions(+) create mode 100644 _subsections/music-production-company/desc-sound_exchange_LOD.org create mode 100644 _subsections/music-production-company/music_money_makeover/_descriptions/desc-sound_exchange_LOD.org create mode 100644 _subsections/music-production-company/v10-understand_contracts.org create mode 100644 _subsections/v08-producer_contracts.org diff --git a/_subsections/music-production-company/desc-sound_exchange_LOD.org b/_subsections/music-production-company/desc-sound_exchange_LOD.org new file mode 100644 index 0000000..1193daf --- /dev/null +++ b/_subsections/music-production-company/desc-sound_exchange_LOD.org @@ -0,0 +1,59 @@ +#+title: Description: Sound Exchange Lod + +* links +- [[../v08-producer_contracts.org]] +* 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. diff --git a/_subsections/music-production-company/music_money_makeover/_descriptions/desc-sound_exchange_LOD.org b/_subsections/music-production-company/music_money_makeover/_descriptions/desc-sound_exchange_LOD.org new file mode 100644 index 0000000..e100234 --- /dev/null +++ b/_subsections/music-production-company/music_money_makeover/_descriptions/desc-sound_exchange_LOD.org @@ -0,0 +1 @@ +#+title: Desc Sound Exchange Lod diff --git a/_subsections/music-production-company/v09-record_label_lawyer.org b/_subsections/music-production-company/v09-record_label_lawyer.org index 81e86e9..6468d88 100644 --- a/_subsections/music-production-company/v09-record_label_lawyer.org +++ b/_subsections/music-production-company/v09-record_label_lawyer.org @@ -7,3 +7,51 @@ - [[https://www.youtube.com/watch?v=Pxht0nqnhws][youtube video]] * notes +- you need an affordable attorney +- connections are what get you an attorney + +** where to get a lawyer +**** connections +- get referral through people + +**** online +- american bar +- martin dale hubble directory +- american bar +- you can ask BMI directly + +** what kind +- in your genre + - hip hop world is not the same as pop world + - way and style of doing contracts might not be congruent with the people in that world + +- make sure they are good at what you need + - record contracts + - negotiating good deals + +- understand your position + - new + - someone who can explain some things to you + +** what you need +- standard recording contract +- producer agreements that attach to recording contract +- management contract for an artist you are managing + +** retainer services +- cant afford it +- don't have enough business transactions coming in yet + +** build relationship +- keep checking in with lawyer + - pay for time + - letting him know what is up with you + - this shows you are here to do business +- so if you run into other people and he is there, he will introduce you + +** how do we know if the lawyer is right? +- we don't. we are here to get the contract + +** why not google? +- lawyer knows the scene +- understands your security issues diff --git a/_subsections/music-production-company/v10-understand_contracts.org b/_subsections/music-production-company/v10-understand_contracts.org new file mode 100644 index 0000000..be4395e --- /dev/null +++ b/_subsections/music-production-company/v10-understand_contracts.org @@ -0,0 +1,9 @@ +#+title: understand music contracts so you don't get screwed +#+HTML_HEAD: + +* Links +#+attr_html: :class links +- [[../../toc.org][TOC - Music Money Makeover]] +- [[https://youtu.be/IxpnflsDo5s?si=Y4_BTRfPZqmHZo9V][youtube video]] + +* notes diff --git a/_subsections/v08-producer_contracts.org b/_subsections/v08-producer_contracts.org new file mode 100644 index 0000000..84d634a --- /dev/null +++ b/_subsections/v08-producer_contracts.org @@ -0,0 +1 @@ +#+title: V08 Producer Contracts