4.6 KiB
Executable file
4.6 KiB
Executable file
Description: sound exchage LOD
link
definitions
Copyrights Explained
two main rights of copy in the music industry
- "masters"
- 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
-
through the distributor
- tunecore
- distrokid
- 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
mechanical rights collections
- HFA - Harry Fox Agency
- Music Reports
- The MLC - Mechancical Licensing Collective
lyric display royalties
6 Rights of Copyright
United States Code title 17
- Right to Reproduce
- Right to Prepare Derivative Works
- Right to Distribute
- Right to Public Performance
- Right to Public Display
- 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
- Producer & Artist Agreement: The producer's contract includes a percentage of digital performance royalties.
- Artist Signs the LOD: The artist fills out and signs a SoundExchange Letter of Direction, specifying the producer’s share.
- 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)
[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]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.