Kansas Musical Compositions Co-Publishing Agreement is a legal contract entered into between a musical composer or songwriter and a co-publishing company based in Kansas. This agreement outlines the rights, responsibilities, and financial arrangements between the parties concerning the exploitation and administration of the musical compositions. The Kansas Musical Compositions Co-Publishing Agreement typically includes several key provisions. Firstly, it specifies that the composer grants the co-publishing company the exclusive right to administer, exploit, and promote their musical compositions within a designated territory, which is usually Kansas or a specified region. This provision ensures that the co-publishing company has the authority to license the compositions to third parties for various uses such as recordings, performances, synchronization with visual media, and other exploitation. The agreement also defines the financial aspects of the relationship between the composer and the co-publishing company. This includes the division of royalties and income generated from the licensed uses of the musical compositions. Typically, the composer is entitled to a percentage of the net income, which is specified in the agreement. The co-publishing company may also have the right to recoup certain expenses incurred in promoting and administering the compositions. Furthermore, the Kansas Musical Compositions Co-Publishing Agreement may address the issue of copyright ownership. It clarifies that the composer retains the copyright in their musical compositions, while granting the co-publishing company the right to act as a co-owner for the purposes outlined in the agreement. This provision ensures that the composer maintains control and ownership of their creative works. There may be different types of Kansas Musical Compositions Co-Publishing Agreements tailored to specific situations. For example, an exclusive co-publishing agreement grants the co-publishing company exclusive rights to exploit and administer the compositions, while a non-exclusive agreement allows the composer to engage multiple co-publishers simultaneously. Additionally, there could be variations in the duration of the agreement, termination clauses, and specific provisions related to sub-publishing and international exploitation. In summary, the Kansas Musical Compositions Co-Publishing Agreement is a legal document that sets forth the rights, obligations, and financial arrangements between a composer and a co-publishing company based in Kansas. It ensures the proper administration, promotion, and exploitation of the compositions while defining the division of royalties and copyright ownership. Different variations of this agreement exist to accommodate specific circumstances and requirements.
Kansas Musical Compositions Co-Publishing Agreement
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How to fill out Kansas Musical Compositions Co-Publishing Agreement?
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FAQ
Royalty Splits 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.
In most co-publishing agreements, songwriters retain 100% of their writer's share and 50% of their publisher's share. (The other half goes to the publisher.) This makes them more attractive, and potentially lucrative, than other traditional publishing deals.
Co-Publishing Agreements One main difference between an administration ?deal? and a co-publishing ?deal? is that in a co-publishing agreement, the music publisher and the writer may co-own the copyrights in the compositions.
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.
In a typical publishing deal, the Music Publisher is usually paid 50% (the ?Publisher's share?) of all mechanical and residual income, which is income from mechanical and synchronization royalties. For your performance income, since those monies are collected by PROs, the Music Publisher usually gets only 25%.
Usually, the author of the creative work is the owner of the copyright. But in the publishing industry, the owner of the copyright may be the publishing company due to an agreement between the author and the publisher. Some of the big names in book publishing are Random House, DoubleDay, and Penguin.
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.
If you have co-written a song with another songwriter each are entitled to an equal share. Therefore, you are by definition a publisher the moment your song exists in tangible or audible form like say, for instance, a recording or sheet music.