Music & Money
The Internet
Internet service providers, search engines, broadband, encryption, compression and digital technology -- these are but some of the many new words and concepts that creators and publishers must learn if they are to enjoy the many benefits and opportunities available in the area of digital distribution of music. Regardless though of the new terminology and the constant innovations in this field, many of the established concepts of royalties and copyright that we have discussed in other areas also apply to this area.
Whether audio or audio visual works are downloaded or streamed or otherwise transmitted or communicated, performance, mechanical, statutory, compulsory, synchronization, territorial and durational licenses, etc. all continue to play a role in the royalty process regarding transmissions of copyrighted music over the Internet. The Copyright law, statutory licenses, compulsory arbitrations, voluntary negotiations, etc. between parties continue to be in effect for the determination of what type of license is needed as well as how much that license will be.
Other Income Sources
In addition to the sources of income already covered, there are many other royalty generating areas, many of which can, depending on the composition, generate substantial writer and publisher royalties. These include sheet music and folio sales, lyric reprints in books, CD-ROM/Multimedia audiovisual configurations, karaoke and musical greeting cards, among others.
© 2007 Todd Brabec, Jeff Brabec For more information, check out the book Music, Money and Success: The Insider's Guide To Making Money In The Music Business (Schirmer Trade Books/Music Sales/502 pages) available for sale at Amazon.com, Barnes & Noble, Borders, Music Sales Group and www.musicandmoney.com.
|