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Making $ though Sound Exhange.

PostPosted: Fri Jan 20, 2012 4:39 pm
by RhythmMan-2
I tripped over this acticle, seemed worth sharing.
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http://futureofmusic.org/blog/2012/01/1 ... high-fives
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In a nutshell:
" . . . the featured performer receives 45 percent; the backing musicians receive 5 percent, and the sound recording copyright owner (usually the label) receives 50 percent. If you own your own masters (meaning you haven’t transferred them to a label), you’re entitled to the other 50 percent . . . "

Re: Making $ though Sound Exhange.

PostPosted: Sat Jan 21, 2012 12:50 am
by PaperDog
RhythmMan-2 wrote:I tripped over this acticle, seemed worth sharing.
.
http://futureofmusic.org/blog/2012/01/1 ... high-fives
.
In a nutshell:
" . . . the featured performer receives 45 percent; the backing musicians receive 5 percent, and the sound recording copyright owner (usually the label) receives 50 percent. If you own your own masters (meaning you haven’t transferred them to a label), you’re entitled to the other 50 percent . . . "


And for those who aren't too familiar with the current status quo:
SoundExchange, and our partners at musicFIRST (Fairness in Radio Starting Today) have been instrumental in the fight for performance rights. For decades, a loophole in copyright law has exempted terrestrial radio stations (AM/FM) from paying artists and copyright holders when they play music, comedy, spoken word, or other recordings - they only compensate songwriters. Thanks to this loophole, radio stations continue to make billions of dollars in advertising revenue, driven by the songs played, without giving artists a cent. The PRA seeks to change that at long last.
If you are interested in learning more, visit our partners at the musicFIRST coalition, and tell your Congressperson that you support performance rights for artists. Together, we can ensure that all artists and rights holders can get paid when they get played.