Texas Musical Compositions Administration Agreement

State:
Multi-State
Control #:
US-L0818AM
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Musical Compositions Administration Agreement document, is adaptable for use with entertainment, new products, intellectual property/multimedia business and other related areas. Tailor to fit your circumstances. Available in Word format.
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  • Preview Musical Compositions Administration Agreement
  • Preview Musical Compositions Administration Agreement
  • Preview Musical Compositions Administration Agreement
  • Preview Musical Compositions Administration Agreement
  • Preview Musical Compositions Administration Agreement
  • Preview Musical Compositions Administration Agreement
  • Preview Musical Compositions Administration Agreement

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FAQ

One common benchmark in dividing ownership is that the lyrics are worth 50% and the music 50%. For example, if two people write the music and one person writes the lyrics, they may agree to divide the ownership 25% each for the two music writers, with the lyricist retaining the remaining 50%.

A Publishing or Song-writing Agreement is the document by which a songwriter assigns the copyright in their compositions to a music publisher in exchange for royalties and, in appropriate cases, an advance against those royalties.

Under the individual song agreement, a writer transfers the copyright to one composition or a selected number of identified compositions to a publisher and, in return, receives a portion of the income earned from uses of that composition or compositions.

As stated above, the songwriter receives 50% of the performance and mechanical royalties. The other 50% is the publisher's share. Now, this doesn't mean that the publisher keeps 50% of the royalties ? it just means that it's the publisher's duty to collect this share.

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.

Administrative agreements are legally binding contracts that outline the terms and conditions between two parties. In addition, these agreements detail what can happen if one party fails to uphold its end of the agreement.

Often called 'Artist Performance Agreements,' they outline what the venue will provide and what the musician/s will deliver. This can include: How much the musicians will be paid. Any costs associated with hiring the venue.

Typically, the royalty split would be roughly 75/25 ? 75% to you, the writer, and 25% to the publisher ? and traditional deals usually come with a cash advance that's recoupable from those royalties (which means you won't get paid again until the publisher makes back your advance).

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Texas Musical Compositions Administration Agreement