Beat Stars Contracts Always States. “Mechanical License: If any selection or musical composition, or any portion thereof, recorded in the New Song hereunder is written or composed by Producer, in whole or in part, alone or in collaboration with others, or is owned or controlled, in whole or in part, directly or indirectly, by Producer or any person, firm, or corporation in which Producer has a direct or indirect interest, then such selection and/or musical composition shall be hereinafter referred to as a “Controlled Composition”. Producer hereby agrees to issue or cause to be issued, as applicable, to Licensee, mechanical licenses in respect of each Controlled Composition, which are embodied on the New Song. For that license, on the United States and Canada sales, Licensee will pay mechanical royalties at one hundred percent (100%) of the minimum statutory rate, subject to no cap of that rate for albums and/or EPs. For license outside the United States and Canada, the mechanical royalty rate will be the rate prevailing on an industry-wide basis in the country concerned on the date that this agreement has been entered into.” Does that mean Producer Owns 100% or All The money from Streaming services
If they wrote the entire song and control the publishing as well, they are entitled to 100% of the mechanicals for that song. If in part, then the % they own.
It is very good to own your catalog! That’s why I started educating as much as I could in this channel. You need to check out my course. I walk you through step by step of how to set up everything as well as how to monetize your intellectual property as you go. Here’s the link where the course is:. musicbusinessmadeeasy.com/coaching
@@TheMusicBusinessMadeEasy I have 105 songs registered with ASCAP already and I am working on Copywriting over half of them. What would your course offer me with already have done these steps?
@@timsoom7027 copyrighting and ASCAP are two of several registrations that needs to be made for your copyrights. Plus, you need to understand how they all work to ensure you get what rightfully yours.
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Beat Stars Contracts Always States.
“Mechanical License: If any selection or musical composition, or any portion thereof, recorded in the New Song hereunder is written or composed by Producer, in whole or in part, alone or in collaboration with others, or is owned or controlled, in whole or in part, directly or indirectly, by Producer or any person, firm, or corporation in which Producer has a direct or indirect interest, then such selection and/or musical composition shall be hereinafter referred to as a “Controlled Composition”. Producer hereby agrees to issue or cause to be issued, as applicable, to Licensee, mechanical licenses in respect of each Controlled Composition, which are embodied on the New Song. For that license, on the United States and Canada sales, Licensee will pay mechanical royalties at one hundred percent (100%) of the minimum statutory rate, subject to no cap of that rate for albums and/or EPs. For license outside the United States and Canada, the mechanical royalty rate will be the rate prevailing on an industry-wide basis in the country concerned on the date that this agreement has been entered into.”
Does that mean Producer Owns 100% or All The money from Streaming services
If they wrote the entire song and control the publishing as well, they are entitled to 100% of the mechanicals for that song. If in part, then the % they own.
appreciate this. GodBless.
Thank you so much!
What is my best avenue to take being the full publisher and composer/artist? Is it good when an entity owns 100% of their catalog? thank you
It is very good to own your catalog! That’s why I started educating as much as I could in this channel. You need to check out my course. I walk you through step by step of how to set up everything as well as how to monetize your intellectual property as you go. Here’s the link where the course is:. musicbusinessmadeeasy.com/coaching
@@TheMusicBusinessMadeEasy I have 105 songs registered with ASCAP already and I am working on Copywriting over half of them. What would your course offer me with already have done these steps?
@@timsoom7027 copyrighting and ASCAP are two of several registrations that needs to be made for your copyrights. Plus, you need to understand how they all work to ensure you get what rightfully yours.