Virgin Islands Composer - Music Performance Agreement

State:
Multi-State
Control #:
US-KWP-0039
Format:
Word; 
Rich Text
Instant download

Description

This form is a Composer/Music Performance Agreement. The producer engages the composer and the composer accepts an engagement to compose and perform live improvisational keyboard music orchestrated for a television program series. The composer also grants to the producer the sole and exclusive right in the improvisational music composed and performed and for all uses connected with the exploitation of the program.
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FAQ

In order to collect these live performance royalties, you have to tell your performing rights organization about the shows you're playing, and the list of songs you play each night. That'd be ASCAP, BMI, or SESAC in the United States, or the appropriate PRO for your country if you're outside of the USA.

The AFM Agreements are Collective Bargaining Agreements as negotiated by The American Federation of Musicians and the Alliance of Motion Picture and Television Producers. Each Agreement is negotiated for a specific term, but may be extended after expiration.

In order to claim these royalties, you'll need to affiliate and register with the appropriate country your song is streaming in. While DIY creators can do this themselves, you have to affiliate and register as a publisher with every mechanical society to ensure you're collecting on all your streams.

The American Federation of Musicians of the United States and Canada (AFM/AFofM) is a 501(c)(5) labor union representing professional instrumental musicians in the United States and Canada. The AFM, which has its headquarters in New York City, is led by president Raymond M.

Recording artists earn royalties from the sale of their recordings on CDs, cassette tapes, and, in the good old days, vinyl. Recording artists don't earn royalties on public performances (when their music is played on the radio, on TV, or in bars and restaurants).

BMI does not deal with the individual publishing companies in other countries. We only deal with the foreign rights societies for the collection of performance royalties.

BMI royalties are performing right royalties, which are earned when a musical work is performed publicly. Public performance occurs when a song is sung or played, recorded or live, on radio and television, as well as through other media such as the Internet, live concerts and programmed music services.

In the United States, performance royalties are paid out through Performing Rights Organizations (ASCAP, BMI and SESAC) and are governed by consent decrees from WWII requiring the PROs to go to rate court to receive their rates from entities seeking to license the songs they represent.

International royalties are distributed quarterly by BMI after the deduction of an administrative fee, which is currently 3.6%, but which is subject to change at any time.

The government-mandated royalty rate is 10.5 percent of the gross revenue minus the cost of public performance. The average rate per stream is about 200b$0.005200b.

More info

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Virgin Islands Composer - Music Performance Agreement