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Questions and Answers
What does ISRC stand for?
What does ISRC stand for?
International Standard Recording Code
A single musical work can only have one ISRC.
A single musical work can only have one ISRC.
False
What is metadata?
What is metadata?
Data that describes other data, providing information about a file, document, or object
Which of the following is NOT an example of metadata?
Which of the following is NOT an example of metadata?
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Title II of the Music Modernization Act (MMA) deals with pre-1972 sound recordings.
Title II of the Music Modernization Act (MMA) deals with pre-1972 sound recordings.
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What is the main purpose of a contract?
What is the main purpose of a contract?
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Which of the following is NOT a key element of a valid contract?
Which of the following is NOT a key element of a valid contract?
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What does 'consideration' in a contract refer to?
What does 'consideration' in a contract refer to?
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What is the difference between sampling and interpolation?
What is the difference between sampling and interpolation?
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What are the two key rights that need to be cleared when using a sample?
What are the two key rights that need to be cleared when using a sample?
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Which of the following is NOT a common strategy when a sample is unclearable?
Which of the following is NOT a common strategy when a sample is unclearable?
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Which type of damages in copyright infringement is based on the actual financial loss suffered by the copyright holder?
Which type of damages in copyright infringement is based on the actual financial loss suffered by the copyright holder?
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Statutory damages are always the same amount regardless of the infringement.
Statutory damages are always the same amount regardless of the infringement.
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Why is accurate metadata crucial for music?
Why is accurate metadata crucial for music?
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To be eligible for statutory damages, a work must be registered with the copyright office before the infringement occurred.
To be eligible for statutory damages, a work must be registered with the copyright office before the infringement occurred.
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What does the 80/20 rule in negotiation refer to?
What does the 80/20 rule in negotiation refer to?
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What is a record label advance?
What is a record label advance?
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Multi-rights deals, also known as 360 deals, give artists more control over their income and career decisions.
Multi-rights deals, also known as 360 deals, give artists more control over their income and career decisions.
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Which of the following is NOT a service or agency that typically assists music creators?
Which of the following is NOT a service or agency that typically assists music creators?
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What is the primary purpose of the Mechanical Licensing Collective (MLC)?
What is the primary purpose of the Mechanical Licensing Collective (MLC)?
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Title III of the MMA establishes a royalty system for producers, mixers, and sound engineers.
Title III of the MMA establishes a royalty system for producers, mixers, and sound engineers.
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What is the purpose of terms in parentheses, like (“Artist”) or (“Client”), in a contract?
What is the purpose of terms in parentheses, like (“Artist”) or (“Client”), in a contract?
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What is the preamble of a contract?
What is the preamble of a contract?
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What does the 'Dispute Resolution' section of a contract typically specify?
What does the 'Dispute Resolution' section of a contract typically specify?
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What is a Force Majeure clause in a contract?
What is a Force Majeure clause in a contract?
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What does an 'option' in a contract term allow one party to do?
What does an 'option' in a contract term allow one party to do?
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Which of the following is NOT a key section typically found in a contract?
Which of the following is NOT a key section typically found in a contract?
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Study Notes
ISRC and ISWC
- ISRC: International Standard Recording Code, for recorded works.
- ISWC: International Standard Work Code, for written works.
- A work can have multiple ISRCs because there can be multiple recordings of the same work.
Metadata
- Metadata: Data describing other data (e.g., files, documents).
- Examples include: song title, artist name, album name, genre, track length, composer, release date, ISRC, publisher info, copyright owner.
Music Modernization Act (MMA) - Title II
- Title II of MMA provides copyright protection for pre-1972 sound recordings, enabling royalty generation and legal consistency.
Contract
- Contract: Legally binding agreement defining rights and obligations between parties.
- Purpose: Provides clarity, protects interests, ensures enforceability.
Contract Elements
- Offer: One party proposes terms.
- Acceptance: Second party agrees to terms.
- Consideration: Exchange of value (e.g., money, services).
- Mutual Intent: Both parties intend to be legally bound.
Sampling vs. Interpolation
- Sampling: Direct use of a portion of a pre-recorded sound in a new track (e.g., "Stronger" by Kanye West sampling "Harder, Better, Faster, Stronger" by Daft Punk).
- Interpolation: Recreating or re-recording a part of a song instead of directly using it (e.g., "Blurred Lines" by Robin Thicke interpolating "Got to Give It Up" by Marvin Gaye).
Clearing a Sample
- Steps for clearing a sample:
- Identify copyright owners.
- Obtain composition rights license from the publisher.
- Obtain master rights license from the record label.
- Alternatives: Replace with interpolation or remove if un-clearable.
Copyright Infringement Damages
- Damages: Monetary compensation for losses from infringement.
- Types:
- Actual Damages: Proven financial loss.
- Statutory Damages: Predetermined amounts (750−750-750−150,000/infringement, maximum for willful).
Metadata Accuracy in Music
- Accurate metadata: Crucial for proper royalty payments, avoiding lost income, and efficient music discovery on digital platforms.
Copyright and Statutory Damages
- Statutory damages eligibility requires registration within 3 months of publication or before infringement.
80/20 Rule in Negotiation
- Prioritize 20% of critical terms (80% of effort).
Record Label Advance
- Lump sum payment from label to artist, often recoupable against future royalties.
Multi-Rights Deal (360 Deal)
- Deal allowing record labels to earn revenue from multiple sources (e.g., touring, merchandising, publishing).
- Pros: More label support.
- Cons: Less artist control and income.
Services/Agencies for Artists
- PROs (ASCAP, BMI): Performance royalties.
- SoundExchange: Sound recordings and streaming royalties.
- Harry Fox Agency: Mechanical licenses and royalties.
- Songtrust: Advanced royalty management.
- MLC (Mechanical Licensing Collective): Stream mechanical licenses.
Mechanical Licensing Collective (MLC)
- MLC handles mechanical licenses for streaming, ensuring proper songwriter and publisher royalties.
Title III of the MMA
- Title III enables sound engineers, producers, and mixers to receive royalties through SoundExchange.
Contract Terms in Parentheses
- Terms in parentheses (e.g., "Artist", "Client") define specific individuals or concepts in a contract.
Contract Preamble
- Preamble: Introductory information (e.g., parties, agreement's purpose, effective date).
Dispute Resolution in Contracts
- Outlines procedures (e.g., mediation, arbitration, litigation) for handling disputes.
Force Majeure Clause
- Explains events (e.g., natural disasters) releasing parties from obligations due to unforeseen circumstances.
Options in Contract Terms
- Option: Allows one party (e.g., record label) to extend the contract term under specific conditions.
Contract Analysis
- Preparation: Identify key contract sections (e.g., preamble, terms, payments, dispute resolution).
- Validity: Ensure all four contract elements (offer, acceptance, consideration, mutual intent) are present.
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