From the course: Music Law: Recording, Management, Rights, and Performance Contracts
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The grant
From the course: Music Law: Recording, Management, Rights, and Performance Contracts
The grant
- An artist possesses something that the label wants, the exclusive rights or copyright to a musical recording. To obtain these rights, the record contract includes a provision referred to as The Grant of Rights, or just The Grant. There are two ways a label can get this transfer of copyright. It can lease the copyright for a period of time, known as a license, or it can purchase ownership of the recording copyright, known as an assignment. Occasionally, a label requires copyright under a principle known as the work made for hire rule, in which the label hires or employs the artist. With a license, an artist retains copyright, but gives up, or rents rights temporarily. With an assignment, the artist transfers title to the copyright, much like the sale of a house. However, these distinctions can be artificial because some licenses last forever, making them similar to assignments, and some assignments are not permanent, the label gives the copyright back to the artist. So when it comes…
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Why bother?2m 42s
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The grant3m 19s
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Term and options2m 1s
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Advances and royalties5m 2s
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Deductions4m 43s
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Controlled composition3m 56s
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Creative control4m 4s
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Leaving members2m 22s
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Copublishing3m 19s
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Marketing provisions4m 7s
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Warranties and indemnity2m 56s
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One-offs3m 45s
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