music business quiz 1
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27 Terms
aggregator
taking music to put on a platform
buying music
cd, digital, vinyl
pros of major label
funding
cons of major label
less creative control
independent labels
true independent, major distributed
record
any way music is consumed
ppd
published price to dealer
artist royalty is based off?
ppd (not retail price)
demo record
generate interest, sent to labels
360 deal
label takes all sources of income
180 deal
one source of income
adjusted gross pay
pay after pre-approved expenses
ip
intellectual property
how many rights for copyright owners
6
copyright rights
reproduce
create derivatives
distribute
perform
display
perform from digital audio transmission
reserve
take royalties in case cds are returned
recoupment
artist has to pay back
cross collateralization
debt carried over to next project
____ streams=album
1500
2 copyrights
composition © and sound recording (p)
mechanical royalty
song is sold/ played on interactive media
who establishes mechanical rate
federal government
performing rights organization
collect royalties for members
who issues mechanical royalties
harry fox and mlc
pros
ascap, bmi, sesac
not entitled to 50/50 deal when
publisher only handles administration (royalties and payments)
publisher
register pros
license songs
incentivized to do good and make artist good to get paid
Note 
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