Legal issues that face the music industry are no different from
what they were over 50 years ago. Since, the digital era has become more of the
daily norm we find that the legal issues have started spiral out of control. In
the news now are so many different cases involving trademark Infringement
copyright infringement, piracy, trade secrets, clearance issues and publicity
Rights.
The music industry can be a complex industry especially if do
not understand the different issues that are face by the producers, record
companies, manager, promoters and artists. As a manager has to be able to understand music publishing,
copyright and performing rights agency. Have the knowledge and the team in
place will ensure that everyone is successful in the music industry.
I was able to listen to several podcasts that dealt with some of
the legal issues facing the music
industry. Most intriguing was Chris Castle an attorney
specializing in issues surrounding the music industry. The music industry
podcast hosted at the Loyola University in New Orleans. To hear a music
attorney speak so boldly of the music industry was unbelievable. Chris stated
“file sharing of mp3 would be able to be tracked if you place a watermark on
them. Doing so you would be able to monetize the sales of your mp3.” During the
conversation, he highlighted one of the first piracy cases, which was against
Napster.
Berklee College of Music and MIDEM, in association
with the Berkman
Center put
together another podcast called Rethinking Music, Part I – Creativity,
Commerce, and Policy. The guest on the show were Allen Bargreded, and Chris Bavitz,.
According to Radio Berkman, “The symposium will focus on economic and policy
concerns that dictate the viability of creative industries.”
On the show, they highlighted some of the topics that were going
to be discussed such intellectual property, the new business model that is
emerging as well as proposals on policy proposals and business models. Of
course, one of the main topics discussed on the podcast was about how the
Internet has changed how we view TV, film, music, news, and books. Electronic
piracy has plague every entity on the entertainment industry. The industry has
been scrambling trying to figure how to capitalized and develop new business
models to stay ahead.
I had the opportunity to listen to another podcast on music publishing. This podcast hosted by
Loyola University in New Orleans and
featured Mike Sammis, VP and CFO of Universal
Music Publishing. Mike Sammis stated, “Music publishing is the business of
acquiring, protecting, administering and exploiting the rights in musical
compositions. It is a business based on the songs.”
He also stated “Songwriters enter into publishing, copublishing,
or administration agreements with music publishers. In exchange for acquiring
the copyright a portion of the copyright, or a percentage of the revenue earned
from the exploitation of the musical composition, the music publisher seeks
opportunities to exploit the musical composition, collects revenue from
exploitation, and pays and accounts to the songwriter. The music publisher
share is usually 50%. Recording artists assign their copyrights to a record
label in exchange for a negotiated royalty.”
The beauty of music is the creation of where it
comes from, so be unique and different!
Sing, write, compose and
produce from your heart!
No comments:
Post a Comment