Mississippi Royalty Split Agreement
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How to fill out Royalty Split Agreement?
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FAQ
Split sheets are necessary for every song you write with collaborators. They ensure everyone involved in the creative process is properly credited and paid for the work they contributed. It's also important to note that split sheets are not a copyright agreement. Copyright ownership is different.
Oftentimes many producers work on a single track. Typically, each producer would split up the total producer percentage (if there's any other than the up front fee). So if the producer's backend is 20% for an indie release and there are 3 producers and they decide to split this equally, then each gets about 6.66%.
A split sheet acts as a contract when you sign it. What information should be included on a split sheet? Your split sheet should include your: name, contact info, company/management information (if you have one), PRO, split percentage, and signature.
In each accounting month, the label will receive their share of the revenue from the digital service provider (Spotify, Napster, Tidal, etc.). This revenue amount is from the number of streams played multiplied by the revenue per stream. This amount is then split out among the artists that were played in that duration.
Performance royalties are shared 50/50 between the publisher and the songwriter, so each gets 50% of the revenue. If you are both the songwriter and the publisher for your own music, you will receive 100% of performance royalties.
Performance royalties are shared 50/50 between the publisher and the songwriter, so each gets 50% of the revenue. If you are both the songwriter and the publisher for your own music, you will receive 100% of performance royalties.
A split sheet is an agreement executed by contributors to a song, detailing the personal information of the contributors and stating their individual ownership percentage in the song. It is a document primarily aimed at specifying each producer, songwriter, and performer's percentage stake in the song.
Since most producers get 3-7 points and most artist's deals are 12-20 percentage points of sales/streams, you divide the producer point by artist point. So, if you're working with a 4 point producer, you can divide 4 by 16 (typical artist points) and you get 25%. Or 4 divided by 20 would get you 20%.
Oftentimes many producers work on a single track. Typically, each producer would split up the total producer percentage (if there's any other than the up front fee). So if the producer's backend is 20% for an indie release and there are 3 producers and they decide to split this equally, then each gets about 6.66%.
Performance royalties are typically split into two equal halves: a writer share (50%) and a publisher share (50%). Performing Rights Organizations (PROs) and Collective Management Organizations (CMOs) collect and account for each of these revenue sources separately.
