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[6] [7] However, stations that play recorded music are required to pay licensing fees or royalties through ASCAP, BMI, or SESAC, depending upon which organization licensed the recording. SoundExchange also works with music industry partners in the United States and around the world to collect performance royalties generated through airplay on ...
Payola, in the music industry, is the name given to the illegal practice of paying a commercial radio station to play a song without the station disclosing the payment. Under U.S. law, a radio station must disclose songs they were paid to play on the air as sponsored airtime. [ 1 ]
A breach of fiduciary duty refers to a fiduciary’s failure to act in the client’s best interests. There are many ways that a fiduciary might breach their duty. For example, a fiduciary might:
Once the synchronisation rights in the music have been licensed to the producers of the cinematograph film, the authors continue to own the remaining rights such as the public performance rights in the music and lyrics. These remaining rights too could be licensed away by the authors but the authors would be entitled to certain minimum royalties.
The Internet Radio Equality Act (IREA), originally introduced as H.R. 2060 [clarification needed], ... Traditional radio stations pay a flat per-song fee, and are ...
A fiduciary deposit account is an account set up by someone for another person, who actually owns the money. The one who sets up the account and manages it is known as the fiduciary, while the ...
Many advisors offer services by the hour and this may help you save money in the long run compared to paying an annual fee for decades. 2. Know what you’re looking for in a financial advisor
In addition to a basic fee, most music licensing agreements require additional payments to the copyright owner when the work in which it is included (movie, play) is financially successful above a certain threshold. [2] licensor the owner of the licensed work licensee the person or entity to whom the work is licensed performance