Who Needs Assistance From a Single Song Agreement Law Firm?
Some artists do not create music for playing on the radio. Their goal is not to have a top hit or become a mega superstar. Commercial musicians write or make songs for television advertisements. They may make soundtracks for major movies. Their creations might take off in a huge way, or the royalties pay off over years of use.
Publishing agreements with people who use a single song for non-record purposes are a regular thing. Many people choose this route for a living because they love music and singing or composing. However, there is another type of agreement.
Sometimes, a popular artist needs funds. These people may have a song or several already on a record. When these people need money, they can elect to sell rights to a famous song. The publisher can purchase these rights and collect the royalty payments for a portion or all of the song, depending on the agreement. These documents also need legal oversight to ensure both parties get fair compensation.
Understanding the Revision Clause in Song Contracts
When a song publisher cannot find a suitable party in a reasonable amount of time, then most contracts dictate the rights revert back to the creating entity. The standard time frame for this period is one to two years. The contract can say any time, so it is important that clients entering these agreements seek the counsel of a lawyer.
When the publisher finds someone to use the song, then he or she becomes the owner instead of the creator. The publisher may choose to pay a large lump sum for the song if they think it will take off and become popular. This action allows them to take over the rights immediately instead. Ownership rights are a big part of the contract negotiation, so using a skilled professional to help navigate the process is beneficial for protecting rights and earning money from songs.
New York is famous for up-and-coming artists, new genres, and popular people. The city is full of people looking to make it big. Perdomo Law understands the intricate details that come with
music law, negotiating deals, and selling intellectual property. Our priority is ensuring our clients understand the contracts they enter. We are happy to negotiate terms or go to bat in court if it is necessary.
Why it is Important to Use a Song Agreement Attorney
Contract revisions are an important yet tedious part of the business. Newer artists may not realize things like the reversion clause can expire. Binding agreements can have time limits. If one party puts these restrictions in small print, then the other person must read them to understand when they run out or need updating.
Perdomo Law is adept at tracking contract lengths and ensuring time limits are met. They can help music owners get the coverage they need with a contract revision. The team is happy to draw up the update, contact the publisher, and make sure song owners always have the protection they need, even if it requires
entertainment litigation.