Music lovers can find new artists of all genres, stream unlimited tracks and purchase legally licensed music using localized payment gateways. A short brief on Royalty. Definition of Royalty
1. Usage base payment made by one party to the other
2. The right to "Use" and Art Work also Intellectual Property (IP)
3. Sums of money paid to a creator or participant in an Artistic Work
4. Individual sale
s of the Art Work
5. The Art Work must have a copyright or a patent
6. Amount of Royalties to be paid is negotiated through a contract. Royalty Free
Royalty Free Artists declare their work "Royalty Free" so anyone can use it in order to get more visibility, free downloads, etc. Licensing Fee
1. A resource of a property is licensed as the right to use from on e party to another (if you buy a Microsoft Visio app, you buy the right to use, the license not the code in itself)
2. Restrictions apply - term limitation, business or geographical usage
3. Looks like a contract - it is another usage contract. Trade Mark Royalties
Words, Tag Line, Logos, slogans - distinct expression - i.e. Coke is It is a trademark
Must be distinct to a product or a service, identifies a brand
Copyright Royalties
Owner has the right to prevent others from copying, reproducing or creating a derivative from the original
Specific to the "Type" of work from performance are called Residual Royalties
Gives Owners the following Rights:
1. Make copies of the songs through prints or recordings
2. To distribute them to public for profit
3. Public performance right, live or through recording
4. Create derivative work based on the original
Music Royalties
Strongest form of Individual Property tied to individual (as protected by law):
1. Individuals can OWN EXCLUSIVE COPYRIGHTS
2. Ability to License Art Work for performance outside of corporations
3. Recording + Artist create a "Sound Recording" - protected by a set of Copyrights and Royalties from the Sales of Recordings and the digital transmission. Bands and Artists, fill up the Form to sign up with Dugdugi. http://goo.gl/3AVlk9
