MBU 3450 Lecture Notes - Lecture 6: A Black Box
Document Summary
Sub-publishing -- when a music pub co. outsources needs they have to a co. that. Specializes in the service the publisher doesn"t do, or want to do. Purpose of foreign sub-publishing: to protect and exploit songs on behalf of. U. s. /american publishing cos. for countries outside north america if u. s. doen"t. Have an agreement, royalties not collected will wind up in a black box and. The agreements are to administrate and to exploit copyrights your team pubs. Universal, warner bros. , sony/atv: the territory by territory agreement (several countries will make up one. Territory) can be a smaller sub-publisher or a multinational pub. Provisions of the agreement: term: usually ranges 3-5 years, fees: charge 10-25% of royalties collected, covers: securing a recording by a local artist fee is 30-40, advances: recouped, mechanical royalties: % of retail 9- 12% (aggrigate) cd"s and downloads . 10-12% for ringtones: at source payments: (show on board) Challenges of foreign sub-publishing: no data base 2.