Music Libraries - So What’s The Deal?
by Bobby Borg
You’ve all heard the expression, “Don’t give up your publishing.” Stories of Paul McCartney getting out-bid to the rights of his own songs by Michael Jackson serve as reinforcement. And now that you or your band is faced with the decision whether to relinquish some of your rights and large share of income to a music library, you’re in a state of panic.
What are your legal rights? What are music libraries anyway? And what are the deals they typically offer—and why? Read on.
YOUR LEGAL RIGHTS
When an original song idea is transformed into a “fixed” form (this can be your music and lyric recorded on a small hand-held recorder) a copyright is formed. In essence, as soon as you create a song, you create a copyright. It’s that easy.
A copyright grants the author/owner an exclusive bundle of rights: the rights to re-produce, perform, distribute with the intent to sell, and create a “derivative” (i.e., a work based on the original song). If so desired, you could sit around creating copyrights for days only to lock them up in a drawer, never to be used. This would hardly be the most efficient way to spend your time, but it’s your right!
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Jim Meeker, a.k.a. "Sindustry" is a semi-pro composer, songwriter and home recording enthusiast. He has a long list of credits on television, film, video, video games, and albums.