MGMT 477 - Music Business - Royalties

Performance Rights

the right to perform copyrighted material (your composition) in public.

PRO

Performance Rights Organizations.

blanket license

A license issued by a performing rights society that authorizes the public performance of all the songs in the society's catalog.

ASCAP

American Society of Composers, Authors, and Publishers

BMI

Broadcast Music Incorporated

SESAC

Society of European Stage Authors and Composers

GMR

Global Music Rights

Harry Fox Agency

A US music publisher for licensing, collecting, and distributing music, they seek to increase the value and integrity of the music rights industry by providing such services as the issuance of mechanical licenses and the collection and distribution of mechanical royalties.

non-interactive streaming

Users cannot choose the songs or start and stop songs

interactive streaming

when users can choose the songs, start, stop and skip songs on a DSP.

MLC

Mechanical Licensing Collective. They have the authority to collect all the mechanical rights money from the DSPs.

Artist

Individual who record sound recordings.

songwriter

a person who writes the words, music and composition for a song

sound recording

The actual recording of a song sometimes called the "master".

composition

The actual song. Songwriters write this.

Digital Distribution Company

Digital aggregators that get your music onto Spotify, Apple Music, TikTok, Instagram and more.

SoundExchange

A non-profit performance rights organization that collects and distributes royalties on the behalf of sound recording copyright owners (SRCOs — record labels, generally) and featured artists for non-interactive digital transmissions, including satellite, Internet radio, and cable television music channels.