Welcome to Royalties 101. This course is designed to take you from having little knowledge in reporting royalties for a record label, through to having a strong grasp of all the rights and concepts involved.
Royalties 101 is structured as 11 lessons, plus some multiple choice tests along the way to test the knowledge that you've just gained. Each lesson will take you through an area of the recorded music industry, building up your knowledge of the rights involved and their royalties. At the end of the course, you'll find a glossary for all the music industry related terms.
What is copyright? And how does it affect the rights we control in music?
What does a record label deal look like? What terms are included?
We've learned about profit share deals, but what is a royalty deal, what does it look like and how does it work?
We take a look at producers: where do they sit in the flow of royalties and how do they get paid?
In this chapter we explore how mechanical royalties work (outside North America).
We focus on mechanical royalties in North America in this chapter, exploring how they work in these particular territories.
What are neighbouring rights, and how do they work? And what does performance have to do with the recorded music industry?
Now that we have learned about the recorded music industry and royalties, we take a brief look at royalty accounting software.