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The co-publishing ("co-pub") deal is perhaps the most common publishing agreement. Under this deal, the songwriter and the music publisher are "co-owners" of the copyrights in the musical compositions. The writer becomes the "co-publisher" (i.e. co-owner) with the music publisher based on an agreed split of the royalties.
Labels typically own the copyright in the records their artists make, and also the master copies of those records. An exception is when a label makes a distribution deal with an artist; in this case, the artist, their manager, or another party may own the copyright (and masters), while the record is licensed exclusively to the label for a set period of time.
An early recorded five-figure deal in music history was reported by The Music Trades magazine in the late 1910s, made by American composer John Stepan Zamecnik. [4] The 1960s saw contracts with six-figures such as an advance deal for $143,000 to Led Zeppelin (Atlantic Records) in 1968, then the biggest deal of its kind for a new band. [5]
Reservoir Media has inked a new publishing deal with Grammy and Juno award-winning singer-songwriter k.d. lang. The deal includes her future works and an unspecified portion of her catalog ...
360 deals have been made by traditional record companies, as in Robbie Williams's pioneering deal with EMI in 2002. [4] They have also been made between artists and promoters, as with Live Nation 's 2007 deal with Madonna [ 5 ] and 2008 deal with Jay-Z .
Record labels may be small, localized and "independent" ("indie"), or they may be part of a large international media group, or somewhere in between.The Association of Independent Music (AIM) defines a 'major' as "a multinational company which (together with the companies in its group) has more than 5% of the world market(s) for the sale of records or music videos."