added how to find a lawer, updated toc

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ronny abraham 2025-02-27 00:36:17 +02:00
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#+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 producers 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
[Artists Name]
[Artists 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, [Artists Name], am the Featured Recording Artist registered with SoundExchange for the sound recordings listed below. I hereby direct SoundExchange to pay [Producers Name] ([Producers 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 artists digital performance royalties
By signing below, I authorize SoundExchange to make the above payments directly to [Producers Name] and acknowledge that this direction is irrevocable except by mutual written agreement.
Sincerely,
[Artists Signature]
[Printed Name]
**Acknowledged and Agreed:**
[Producers 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.

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#+title: Desc Sound Exchange Lod

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- [[https://www.youtube.com/watch?v=Pxht0nqnhws][youtube video]] - [[https://www.youtube.com/watch?v=Pxht0nqnhws][youtube video]]
* notes * 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

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#+title: understand music contracts so you don't get screwed
#+HTML_HEAD: <link rel="stylesheet" type="text/css" href="../../../_share/media/css/org-media-sass/categories/business.css" />
* Links
#+attr_html: :class links
- [[../../toc.org][TOC - Music Money Makeover]]
- [[https://youtu.be/IxpnflsDo5s?si=Y4_BTRfPZqmHZo9V][youtube video]]
* notes

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#+title: V08 Producer Contracts