socan.ca

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Definitions (68)

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controlled composition


A clause in many North American recording contracts in which the recording artist – as a songwriter - agrees to a reduced mechanical royalty rate (usually 75% of the current rate), if the songs on an album are composed by the artist themselves. Co-Publishing Agreement
Source: socan.ca

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bmi


Broadcast Music, Inc. is a performing rights organization in the US.
Source: socan.ca

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cross collateralization


A clause in recording and publishing agreements allowing the recording or publishing company to recoup outstanding advance balances from one album release with revenues from the next forthcoming release(s) and/or in the case of a multiple rights deal (i.e., a 360 deal) from various sources such as music publishing royalties, concert fees, merchandi [..]
Source: socan.ca

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360 deals


Also referred to as "multiple rights deals", 360 deals are exclusive recording artist contracts that allow a record label to receive a percentage of the earnings from ALL of a band's activities instead of just album sales. Under this type of contract , a record label is entitled to a percentage of multiple revenue streams, most of wh [..]
Source: socan.ca

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administration


The practice and process of business functions relating to a catalogue of works or individual works (i.e. registering works with SOCAN, copyright registrations, issuing of all types licences – either directly or via a collective society or agent o/b/o the copyright owner), collection and distribution of fees and royalties, and all other responsib [..]
Source: socan.ca

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agent/agency


Music agents, otherwise known as booking agents, are the people who help make the live music happen. A good agent with well-placed connections can help get a band in front of the right audience to increase their profile. Agents work closely with promoters and record labels to get the bands on their books the proper exposure. Music agents also negot [..]
Source: socan.ca

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arrangement


The preparation and adaptation of an already written musical composition for presentation in other than its original formThe detailed instructions for how instruments, sounds and voices are to be used. The arrangement dictates what is played, when it is played and how it is played (usually via written music charts or other direction). Arrangement ( [..]
Source: socan.ca

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arranger


A person who writes musical arrangements – both (1) & (2). ASCAP
Source: socan.ca

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audit


An audit is the process of reviewing and analyzing financial records from record labels and music publishers. Audits are undertaken on behalf of the contracted recording artist and/or composer. An audit clause is a term in an agreement or other legal document that authorizes one party to audit another.
Source: socan.ca

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author


A creator of an artistic, literary, musical or dramatic work. Authorized Representative
Source: socan.ca


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