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A Publishing or Song-writing Agreement is the document by which a songwriter assigns the copyright in their compositions to a music publisher in exchange for royalties and, in appropriate cases, an advance against those royalties.
If you have co-written a song with another songwriter each are entitled to an equal share. Therefore, you are by definition a publisher the moment your song exists in tangible or audible form like say, for instance, a recording or sheet music.
With a co-publishing agreement, artists like you typically give away 50% ownership of their publisher's share ( hence the name, ?co-publishing?) when they sign. This means you'll keep: 100% of your writer's share. 50% of your publisher's share.
Usually, the author of the creative work is the owner of the copyright. But in the publishing industry, the owner of the copyright may be the publishing company due to an agreement between the author and the publisher. Some of the big names in book publishing are Random House, DoubleDay, and Penguin.
Under the co-publishing agreement, the songwriter co-owns the copyright in his or her songs (usually through a wholly owned company) and receives a portion of the publisher's share of income (usually 50%) in addition to the songwriter's share.
Royalty Splits All music publishing income is split 50/50 between the songwriter and the publisher. This is typically referred to as the ?writer share? and ?publisher share? of income. No matter how many writers and publishers, the publishing royalties are split in this way.
Co-Publishing Agreements One main difference between an administration ?deal? and a co-publishing ?deal? is that in a co-publishing agreement, the music publisher and the writer may co-own the copyrights in the compositions.
In most co-publishing agreements, songwriters retain 100% of their writer's share and 50% of their publisher's share. (The other half goes to the publisher.) This makes them more attractive, and potentially lucrative, than other traditional publishing deals.