Today's blog is based on music rights. Many musicians and new comers to the industry are completely unaware of the importance of retaining rights. The rights I will be discussing today are as follows:
1. Copyrights
2. Publishing Rights
3. Mechanical Rights
4. Public Performance Rights.
Copyright is the right to copy, specifically, a property right in an original work of authorship including literary, musical, dramatic, choreographic, pictorial, motion pictures, and other audiovisual works and sound recordings fixed in any tangible medium of expression, giving the holder exclusive right to reproduce, adapt, distribute, perform, and display the work.
Copyright laws are governed by the copyright act of 1976. 17 USCA ss101-1332
The Copyright Act of 1976 was a major revision of the U.S. copyright law, extending the term of protection to the life of the author plus 70 years, measured from the date of creation, greatly expanding the types of work that qualify for protection, dropping the requirement that the work be published before it can be protected, making fair use a statutory defense to a claim in infringement and the preempting state common law of copyright.
PUBLISHING RIGHTS: Music publishing rights refer to who owns the rights to a song and who gets money from it. You own your own rights as soon as you've written a song, meaning if it generates any money, you get all of it. You can choose to find a music publisher if you don't have the time, inclination or contacts to make your music generate more money.
A very successful and hit musician gave up half his publishing rights for the next three years for $100,000. I will not say who bought and sold the rights, but the buyer is the one enjoying the benefits of that deal.