134 lines
4.6 KiB
Org Mode
134 lines
4.6 KiB
Org Mode
#+title: Description: sound exchage LOD
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#+HTML_HEAD: <link rel="stylesheet" type="text/css" href="../../_share/media/css/org-media-sass/categories/business.css" />
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* link
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- [[./_subsections/music-production-company/v08-producer_contracts.org][producer contracts]]
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* definitions
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** Copyrights Explained
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:PROPERTIES:
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:CUSTOM_ID: copyrights-explained
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:END:
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two main rights of copy in the music industry
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1. "masters"
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2. publishing
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*** masters
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**** sound recording copyright of the composition and or song
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- sound recordings include
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- records
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- masters
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- phonogram ℗ (sound recording copyright symbol)
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- audio recording files
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- wav, mp3, aiff
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- master recoring royalties
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**** master recording royalties
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1. through the distributor
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- tunecore
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- distrokid
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2. major label
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**** performance royalties
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- soundexchange (US based)
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- PPL (UK based)
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- collection companies outside the US are referred to as "neighboring rights"
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*** Publishing
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- performing arts copyright
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- composition
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- sheet music
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- midi files
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- publishing
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- song to be performed
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**** collect performance royalties for the composition
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- [[https://www.bmi.com/][BMI]]
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- [[https://www.sesac.com/][SESAC]]
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- [[https://www.ascap.com/][ASCAP]]
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- The American Society of Composers, Authors and Publishers
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- US based
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- [[https://www.prsformusic.com/][PRS for Music]]
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- (UK based)
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**** mechanical rights collections
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- [[https://www.harryfox.com/][HFA]] - Harry Fox Agency
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- [[https://www.musicreports.com/][Music Reports]]
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- [[https://www.themlc.com/][The MLC]] - Mechancical Licensing Collective
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**** lyric display royalties
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- [[https://www.lyricfind.com/][LyricFind]]
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- [[https://www.musixmatch.com/][musixmatch]]
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*** 6 Rights of Copyright
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United States Code title 17
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1. Right to Reproduce
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2. Right to Prepare Derivative Works
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3. Right to Distribute
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4. Right to Public Performance
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5. Right to Public Display
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6. Right to Digital Performance
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** SoundExchange LOD in a Music Producer Contract
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:PROPERTIES:
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:CUSTOM_ID: soundexchange-lod-producer-contract
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:END:
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*** What is a SoundExchange LOD?
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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.
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*** Why is an LOD Important?
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- Ensures that the *producer receives a share* of **digital performance royalties** from non-interactive streaming services like Pandora, SiriusXM, and web radio.
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- Since SoundExchange only pays **artists and labels**, an LOD is necessary for a producer to be paid directly.
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- Without an LOD, the artist receives all royalties and must pay the producer manually.
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*** How an LOD Works
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1. *Producer & Artist Agreement*: The producer's contract includes a percentage of digital performance royalties.
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2. *Artist Signs the LOD*: The artist fills out and signs a **SoundExchange Letter of Direction**, specifying the producer’s share.
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3. *Submission to SoundExchange*: The LOD is sent to SoundExchange for processing, and upon approval, the producer starts receiving their share directly.
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*** Sample SoundExchange Letter of Direction (LOD)
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#+BEGIN_SRC text
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[Artist’s Name]
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[Artist’s Address]
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[City, State, Zip Code]
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[Email]
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[Date]
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SoundExchange
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733 10th Street NW, 10th Floor
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Washington, DC 20001
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Subject: Letter of Direction to Pay Producer Royalties
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To Whom It May Concern,
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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.
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***Sound Recordings:**
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1. "[Song Title 1]" - [ISRC]
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2. "[Song Title 2]" - [ISRC]
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3. "[Album Title]" - [ISRC] (if applicable)
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***Royalty Percentage to be Paid to Producer:**
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- [X]% of the featured artist’s digital performance royalties
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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.
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Sincerely,
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[Artist’s Signature]
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[Printed Name]
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***Acknowledged and Agreed:**
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[Producer’s Signature]
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[Printed Name]
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#+END_SRC
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*** Additional Notes:
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- The ISRC (International Standard Recording Code) helps identify the exact recordings.
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- The artist must be a **registered member of SoundExchange** for this to be processed.
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- This LOD is **only for digital performance royalties**, not mechanical or publishing royalties.
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