MUSC 108 - Class Notes - 9.21.07

MUSC 108 - Class Notes - 9.21.07 - MUSC 108: Class Notes...

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MUSC 108: Class Notes 9/21/07 NBC broke off deal with iTunes and is going to allow free downloading of shows. How does this effect publishing? NBC    | Product – Writers   |    |__Music   |__Internet Quiz: Fill in the blank, multiple choice, straight definitions. If you are a songwriter, do you have to perform your own songs? No! Songwriting Deals Statutory rates: rate that the feds set in law saying you will not be paid less than a set  amount in publishing. Minimum amount (rates) set by congress. Rates per song o Negotiated at time of recording or contracts. o Generally 50/50% o Could have changing rates First record: 50/50% Second record: 75/25% o Sometimes 50% can be divided into 5 parts (12.5% each) for five band members. o Can defer payment Don’t pay me now, pay me a lump sum in 5 years. Record Company or Publisher
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MUSC 108 - Class Notes - 9.21.07 - MUSC 108: Class Notes...

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