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59 Cards in this Set
- Front
- Back
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As a producer, Getting a record company to pay you royalties directly, you must have two things?
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"Letter of Direction" signed by the artist, and a signed document between you and the record company.
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If a producer agreement is between the producer and artist, the record company has the option to?
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Approve it or reject it.
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Producers can be contracted by?
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Artists or Labesl
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Producers normally get paid in two instances, what are they?
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Money up front, and royalties
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The record company might be contractually required to obtain who's written approval as to the selection of the producer?
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The Artist
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A record company and a producer can sometimes have a very negative financial repercussions for the artist, what is this called?
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A sweetheart deal.
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What must an artist have to protect themselves against sweetheart deals?
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Right of Approval
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This is a provision thatcovers new technology and may reduce royalty rates up by 25 to 50% for digital downloads?
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New Technology Concession
or Catchall Royalty Reduction Provision |
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When do songwriters and publishers royalties collected?
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When works are played on radio, television, and record sales
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Where do recording artists royalties come from?
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Sale of Recording
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Who owns the original recording and is responsible for most the financial obligations?
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The Record Label
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What happens when you "assign" publishing rights to a publisher?
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Transfer of copyrights from song writer to publisher for financial gain.
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What is the standard publisher assignment?
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50/50
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The song copyright royalties go to who?
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Songwriter and Publisher
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The song recording royalties go to who?
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Recording artist and Record label
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When do artists receive any money from album sales?
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After the label recoups all its expenses.
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Royalties are tracked through a PRO. What is that?
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Performance Rights Organization
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What are 2 of the main Performance Rights Organizations?
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ASCAP, & BMI
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Who helps promote songs through assignment?
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A Publisher
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What do Mechanical Rights Agencies do?
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Collect moneys for use of songs.
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What are the 4 basic types of licenses?
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Mechanical, Performance, Synch, and Print
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What does a Mechanical license cover?
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Reproduction of a composition.
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What does a Performance license cover?
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Performance of a composition.
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What does a Synch license cover?
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Compositions in a movie or tv.
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What does a print license cover?
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Printed sheet music.
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What act says manufacturers of digital audio recording devices including cd's, and dvd's have to pay a % of their sales to the Register of Copyrights for the loss in cd sales?
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the Audio Home Recording Act of 1992
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Who rights the lyrics and melodies?
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Songwriter
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Who collects music play logs from cable companies and satellite subscription programs?
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the Sound Exchange
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T or F If you play music anywhere, you must have a license?
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True
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How do you become part of a PRO's catalog?
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Register with that PRO
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Shared copyrights to allow the use of a portion of a sing.
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Sampled Composition
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Recording artists make 25% less in performance roylaties than songwriters who license their songs for others to record. What is it called?
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Controlled Compositions
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What license gives anyone the right to record your song without permission as long as no changes are made without written consent?
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Compulsory License
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Anyone can cover your song as long as they pay the current royalty rate, announce when they are going to release it, and make monthly royalty payments?
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Compulsory License
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Who owns the copyrights to the cd / sound recording?
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The Label
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Who owns the right to perform the music publicly?
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The Artist
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Labels can still take their 25% for packaging even if there is no packaging due to the music being?
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A digital download
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With digital downloads, the artist gets more or less royalties?
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Up to 50% less.
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New Media Technology refers to what?
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Digital Downloading
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What does ASCAP use to track usage?
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Surveys, Cue sheets, Venue Info, and Digital Tracking Systems AKA "surveys"
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Who shapes an album in their vision?
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Producers
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Who is responsible for any of the following: song analysis, and development, song writing and arranging, studio and session booking, recording?
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The Producer
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Under this contract, you have no rights to the music you write. You will not be credited or permitted to collect any royalties unless the songwriters agree.
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Work for Hire
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Band doesn't make enough money on the first albumto pay the recoupable expenses so the money wil be added to the second album expenses. This must be paid before artists receive a royalty check.
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Cross Collateralization
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Duration of a contract. How many records to be released under a certain time period
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Term
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The record company has the right to sell the contract to their affiliate labels.
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Assignment Clause
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Artist only gets paid for 10 songs per album. (also known as a royalty cap)
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Controlled Composition Clause
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If a key person at the label or in the band leaves, the contract is terminated.
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Keyman's Clause
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Without this, no artist will be allowed to perform on others albums or for other labels while under contract.
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Sideman's Clause
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Generally the producer agreement will prohibit the producer from using any song from the project in another project within a specific period of time, usually two or three years.
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Re-Recording Restriction
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What is it called when producers are typically paid from “record one,” but artists are not.
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record one
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This is when you allow others a limited license to your work.
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Licensing
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This type of license is required when using the original version of the song?
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Master Recording License
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This license is used to cover any public performance of a work.
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Performance License
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The only way an artist can collect royalties from a statutory license, is to?
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Sign up with sound exchange
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What two licenses do you need to stream music?
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Blanket for the public performance and a statutory license for digital transmission of music.
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Anytime you combine music with a visual medium, what type of license do you need?
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Synch license
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The heart of a contract is its clauses, what is another name for clauses?
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options or protections
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Independent record labels use a non traditional profit machine called?
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profit split deals
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