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Record companies will generally increase royalty rates or give artistic freedom to get acts to re-sign contracts with them once the original deal has been fulfilled. Established acts may otherwise go where they see better opportunity. During 1980, Diana Ross released her album diana, which fulfilled her contract with Motown Records.
'Typical royalties' are historically applied royalty rates. To understand the concept of 'typical royalties' one must infer that the term 'royalty' originally applied to the 'share of the proceeds' that the Crown demanded of its subjects for any exploitation of the assets owned by the Crown, for instance, mines, shipping lanes, geographic territories and the like.
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.
Recording contracts are often between an artist and a record label and stipulate terms relating to royalties, performance rights and recording costs. [4] The motivation behind the re-recording of music is often associated with the legal ownership of the music and how that ownership can bring financial gains to an artist, especially if initial ...
The St. Lawrence Parks Commission (French: Commission des parcs du Saint-Laurent) is a Crown agency of the Government of Ontario that manages parks and heritage sites along the shoreline of the St. Lawrence River in southeastern Ontario.
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Ontario Parks is a branch of the Ministry of Environment, Conservation, and Parks (MECP). Until recently, Ontario Parks as a whole was under the mandate of the Ministry of Natural Resources and Forestry (MNRF). The history of Ontario's provincial parks stretches for over 100 years. Here are some of the milestones from the past century plus: [3]
Spotify's fourth annual report, which originally launched in 2021 following criticism over its lack of transparency, noted record accomplishments, including the highest annual payment from any ...