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Song AgreementParties
Royalty Split Lines
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Legal Glossary
Mechanical Royalty
Compensation paid for reproducing and distributing compositions.
Performance Royalty
Income generated when music is publicly performed or broadcast.
Master Recording
The original sound recording from which copies are produced.
ISRC
International Standard Recording Code for identifying recordings.
UPC
Universal Product Code for identifying a release package.
PRO
Performance Rights Organization that collects performance royalties.
Split Sheet
A written record of songwriter ownership percentages.
Publishing
Rights administration and monetization for musical compositions.
Recoupment
Recovery of advances or costs before additional payouts occur.
License
Permission to use music under defined terms and constraints.
Territory
Geographic regions where contractual rights apply.
Term
The length of time a contract remains in effect.
Neighboring Rights
Rights tied to public use of sound recordings for performers and labels.
Sync License
Permission to pair music with visual media.
Royalty Accounting
The process of calculating and reporting earnings distributions.