Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

MBU 1110 > Final Exam Study > Flashcards

Final Exam Study Flashcards

(58 cards)

Start Studying
1
Q

What are three creative events?

A

writing songs, performing songs, and recording songs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Three income/ revenue streams

A

music publishing, live performances, and recordings

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Key players within the creative system

A

artist, publisher, personal manager,

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

key players within the business system

A

business manager, agent, personal manager, attorney

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

how much money does each member of the team make?

A

personal manager: 15-20% or gross income (before fees)
business manager: 5% of all monies earned
agent: 10% or the guarantee
attorney: $150-$600/hr or 5% of the value of the deal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

producer deals

A

producers typically get 3-4 points (3-4%)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

360 deals

A

means that the labels now want to share a total of the pie of an artists income

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

corporate level commissions

A

double commissions: management contracts are set up to commission at the corporate level

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

terms used in a management/ lawyer contract

A

attorneys draw up and look over contracts, advise clients about the law, involved in structuring deals and shaping artists’ business affairs, deals with corporate issues, trademark and licensing, lawsuits, negotiates contracts with other team members, labels, and publishers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Harry-Fox Agency

A

issues mechanical licenses for publishers; largest in U.S., charges 11.5% of gross monies collected for
the license.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

DSP’s

A

digital service provider = Spotify, Apple Music, Amazon Music, YouTube

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Sound exchange

A

nonprofit organization that
collects performance royalties for sound recordings (masters)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

streaming royalties

A

money paid to a songwriter, record label, publisher, producer, etc. every time a song is played

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

on-demand vs tethered

A

on-demand: can listen to any songs in a DSP’s database at anytime
tethered: conditional, yours as long as you pay the monthly fee

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

what is a retainer?

A

set monthly fee paid to attorney to retain their services (can be credited toward final bill or cover all services)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

what are the 6 exclusive rights granted to you in copyright

A

The right to reproduce the work, the right to distribute copies of the work, the wight to perform the work publicly, the right to make a derivative work (work based off another work), the right to display the work publicly

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

what is the duration of copyright

A

it is now life plus 70 (70 years after the passing of the (last) creator)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

what is not protected by copyright law

A

anything that is in your head, not in tangible form, essentially ideas

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

basics of registration: what forms to use, costs, where to register and why

A

register so you have the rights to your own songs, usually publisher..? will register your work for copyrights through the US Copyright Office

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

requirements of copyright

A

must be in a fixed tangible form

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

difference between phonorecord and a copyright

A

a phonorecord is audio only recordings, this excludes home video devices and means there is no compulsory license for dvd’s

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

what is a compulsory mechanical license? what is the current statutory rate?

A

compulsory mechanical license refers to the monies paid to copyright owners for the manufacture and distribution of records (9.1 cents)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

what is a derivative work? give an example

A

it is work based off another work

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

How does the public performance right in sound recordings differ from that in musical compositions?

Study These Flashcards
A

as the owner of a song (you have the copyright), you are allowed to perform the song in public. AM/ FM radio stations do not have to get permission to play the music on their stations

25
what does sound exchange do?
non-interactive streaming, sound exchange pays a portion of the money to the label and a portion directly to the artist
26
What did the Sonny Bono Copyright Extension do to copyright duration?
copyright term is extended to 70 years from the last surviving writer
27
DPRSA - Digital Right in Sound Recordings Act of 1995
enabled a limited right in performance for sound recordings (the addition of the 6th right)
28
role of the publisher
take care of the business of songwriting
29
mechanical royalties
Monies paid to copyright owners for the manufacture and distribution of works
30
mechanical royalty rate on digital downloads
9.1 cents per song 5 min or less
31
Controlled Composition
limits amount of publishing royalties that a label will pay an artist, will state that the label will pay full publishing on only a limited number of songs per album
32
Typical mechanical royalty rate per song on a controlled composition
6.82 cents/ song
33
Typical split of earnings between songwriter and publisher
50/50
34
Performance Rights Societies (PRO's)
ASCAP, BMI, SESAC, GMR
35
how are performance monies generated?
through PROs (performance right organizations) by tv, clubs, radio = public performance
36
How are writers' and publishers' performance monies paid - diff between splits for a performance and mechanical or synch income
split: some venues don't give a guarantee so they give a split of 20%-60% of the door (some may give 100% of the door money and the venue keeps money made from drink sales) mechanical income: Now refers to the monies paid to copyright owners for the manufacture and distribution of records synch income: putting music to a video
37
blanket license
a license that PRO’s give each music user that covers all of the compositions they represent
38
synchronization license
Permits/allows video producer to reproduce music in times relation to moving images.
39
how much can a publisher charge for a synch license
lots of money, anywhere from 5,000-100,000...?
40
what is a single song agreement and what does it establish?
an agreement between the writer and the music publisher in which the writer grants certain rights to a publisher for one or more songs. In single song deals, the writer is paid a one-time recoupable advance.
41
what is a "term" or "staff" or "exclusive songwriting" agreement and what it establishes
the song writer generally grants all of the publisher's share of the income to the music publisher. The writer's services are exclusive to the music publishers for a specified period of time. Thus, any compositions written within that period belong to the music publisher.
42
what is a cut
the original recording of a certain song
43
what is an assignment
most reliable form of documentation...?
44
flow of rights from a song (who owns what in the typical agreements)
once a song has been recorded and released to the public, the copyright owner must license it to anyone who wants to use it on a phonorecord, if the new recording doesn't really change the original melody
45
flow of money from a song (how money gets distributed from the music used or licensor to the songwriter)
artist and writers are paid from PROs, through royalties,
46
departments of a publisher
Collect Royalties Song Exploitation Protect Songs Advocate and Facilitation
47
co-publishing agreements and their typical splits
publisher gets 100% of the copyright, writer gets 100% of the writers income, publisher gets 50% of publisher income, 75% total to the writer
48
publishing administration deal and typical percentage
administration necessary to register song, grant license, account income, typical percentage = 15-25%
49
what are the writers share and publisher share
50/50
50
free goods
free records given to the retailers as a way of discounting the purchase price to get them to stock more product
51
main functions of a record label are
to promote artist
52
who are the major recording companies and what is their perspective market share
Warner, Sony, Universal
53
different departments in a label and what they do
A&R: find new talent and work creatively with artist Sales: get record into stores and on digital sites Marketing: advertising, publicity, artwork, promos Promotion: getting singles played on radio product management coordinates all other departments to push records new media: techno-geek, all things digital, find new ways to deliver music to consumers
54
recoupable or recoupment
advances are recoupable - money paid to the artist our of future royalties, this can be money for studio time, equipment rental, travel, food while recording, etc. what isn't recoupable is manufacturing costs, advertising, marketing, shipping
55
gold vs platinum record
gold = 500,000 platinum = over 1 million
56
the role of producer and engineer
producer = oversee and maximize the creative process from conception to completion
57
distribution
move records from manufacturing plants to stores,
58
how do you calculate royalties
25% packaging taken off royalties ( pay $10 for an album, take 25% for packaging, artist gets paid on 7.50

MBU 1110 (1 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions