THE MUSIC ISN’T FREE: MUSIC LICENSING AND ROYALTIES IN THE PHILIPPINES VISION • To participate actively in strengthening the Philippine music industry of the Philippines by providing quality‚ excellent and outstanding products. MISSION • To stop piracy and protect the rights of the Filipino composers and artists. • To make a profitable and reliable company that can hold up to the rest of the time and circumstances. • To promote and showcase Filipino talents and resources OBJECTIVES:
Premium Royalties Philippines Music industry
SONGWRITER (AKA MUSIC PUBLISHING) INCOME STREAMS In today’s world your songs can generate money and royalties via the traditional “Physical/Analog” music industry or the new “Digital” music industry. There are in fact a minimum of 13 different and specific ways that you as a songwriter can make money off of your songs. Note – each income stream and type of royalty is generated from both the original recording of a song (i.e. the Beatles’ version of Paul McCartney’s song “Yesterday”) or off of a
Premium Royalties
under the property Mineral interest owner has executive RIGHT to: a. Grant leases b. Bonus - payments made to induce the signing of the lease c. Delay rentals – payments for maintaining the lease without development or production d. Royalty – share of production e. Profits and duty to pay costs incurred in use (profit sharing and cost bearing). Dominant Mineral interest Servient Surface interest Leasehold interest (working or operating) Lease usually imposes duties
Premium Property law Royalties Natural gas
the investor to be used only for R&D of product X which is not commercialized and not for a future project. The royalties that come from product X are not for a defined period. Product Y is for a defined period. In both cases‚ both aren’t measured as to how much royalties will be received and whether it can be estimated. Unless there is royalties‚ the investor gets nothing Since royalties aren’t measurable and are obligations only if product is developed and entity actually receives it‚ R&D are expensed
Premium Finance Royalties Revenue
industry and securing the future development of new music. The PRS (Performing Arts Society) has been licensing music and collecting royalties on behalf of music creators since it started in 1914. In 2010 the PRS announced its 2009 financial results showing a £623 million revenue. The table below shows the relevant monetary values to each business area from the royalties industry. Business Area 2009 (£m) Broadcasting & Online £177.4 International £166
Premium Royalties Gramophone record Music
How much can you use without filing for a mechanical license Digital phonorecord deliveries (DPDS) Foreign mechanicals Applies only to CD’s Controlled Composition Clause Allows label to pay reduced royalty. Allows label cap number of song on which they will pay any royalty. Co-writer beware!! Performance Licensing Each time song is played on radio‚ TV‚ internet or live. What is it and who pays Performing Rights Organizations (Societies) ASCAP (American Society of Composers
Premium Music industry Record label Royalties
Unit 39 – The sound and music industry – task1 Introduction: Music industry has four areas. The different roles and jobs are link to the different areas of music industry. People need to sign the contracts and every areas of music industry have different content of contracts. People or companies have copyright. Licensing and copyright are very important in music industry. P1 Describe four areas of the music industry. 1. Music publishing In the music industry a music publisher or company
Premium Royalties Music industry Record label
most artist or starting up composers do not comprehend how copyright laws and royalties work so music publishers act on behalf of artist to collect royalties and administer any copyrights the artist might own when their compositions are used commercially. Royalties: When an artist’s song or composition is played on the radio or used in any other means of broadcasting communication the artist is entitled to royalties. The publisher does this by obtaining ownership and administrative rights to some
Premium Music industry Record label Royalties
Artist Management Sometimes thought of as the single most important person in career of artiste. A good manager can expand an artiste’s career to its maximum potential - a bad one can rocket an artist to oblivion. What they generally do is most of the things the artist either can’t be bothered to do or doesn’t know how to do - they do these things usually in exchange for a percentage of the artist’s earnings‚ this is called commission. A few of the roles of the typical manager include...Helping
Premium Music industry Royalties Record label
any Olsten debt that might be assumed by Adecco‚ (2) any payments that Adecco might need to make to minority shareholders of some of its subsidiaries nor‚ (3) any special tax benefits enjoyed by Adecco SA through its ability to charge Adecco U.S. royalties. 4. Value the Olsten acquisition by understanding three important nuances in the valuation: a. If Adecco were to assume $750 million of Olsten debt‚ how would this affect how much they would pay for the equity of Olsten’s staffing business
Premium Finance Capital structure Money