Illinois Musical Compositions Co-Publishing Agreement
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How to fill out Musical Compositions Co-Publishing Agreement?
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FAQ
The co-publishing agreement is one of the most important contractual arrangements in the music industry. It gives the songwriter a share of certain rights and income that he or she would not be entitled to under the standard writer-publisher contract.
Your Music Recording Contract should cover details like: Compensation and royalties. Where and when the album will be recorded. The album's release date. Who has creative control over specific elements of the album. The termination clause. The exclusive agreement clause. Dispute resolution. Promotional appearances.
In a co-publishing agreement ? one of the most common publishing deals for major songwriters ? you typically give away 50% of your publisher's share (?co-publishing?) when you sign. This means you still keep 100% of your writer's share, but only 50% of your publisher's share: 75% of your total publishing royalties.
The publisher and songwriter typically co-own the publisher's share of publishing equally (i.e. 50/50). This really means that the publisher owns and retains 50 percent of half of the total revenue from songs created or assigned during the term of your agreement.
Under the co-publishing agreement, the songwriter co-owns the copyright in his or her songs (usually through a wholly owned company) and receives a portion of the publisher's share of income (usually 50%) in addition to the songwriter's share.
All music publishing income is split 50/50 between the songwriter and the publisher. This is typically referred to as the ?writer share? and ?publisher share? of income. No matter how many writers and publishers, the publishing royalties are split in this way.
With a co-publishing agreement, artists like you typically give away 50% ownership of their publisher's share ( hence the name, ?co-publishing?) when they sign. This means you'll keep: 100% of your writer's share. 50% of your publisher's share.
