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How to understand finance and contracts?

In the music industry, understanding thecontinuesand thesupply contractsis essential for any artist who wants to protect their work and receive fair compensation. This article will provide you with comprehensive guidance on how work, the different types of contracts, and the process for registering the copyright on your songs.

Entender los royalties y contratos de grabación en la industria musical

What are Germans?

Tributes are income generated by the use of your musical creations. These can come from a variety of sources, such as record sales, plays on streaming platforms, use in commercials, or broadcast on radio and television. There are several types of entertainment, among them:

  • Women's Royalties:Generated by the physical or digital reproduction of a song.
  • Royalties:Derivatives of the public performance of a work, whether in concerts, radio or television.
  • Synchronization Royalties:Paid when a song is used in combination with images, such as in movies, TV shows or commercials.

Quality contracts

A recording contract is an agreement between an artist and a record company. There are different types of contracts that vary in terms of rights and obligations. Among the most common are:

  • Standard contract:The label has exclusive rights to recordings during a given period. The artist receives an advance and tribute based on a percentage of sales.
  • License Agreement:The artist grants the label the license to sell and distribute his music for a limited period, but retains the copyright.
  • Distribution contract:The label is only in charge of distribution, while the artist maintains control over production and promotion.

Register song copyrights

To protect your songs and make sure you get the right hearts, it is essential toregister copyrights. The process in Mexico includes the following steps:

  1. Gather all the documentation: You will need proof of identity, the work file (recording or sheet music), and an application form.
  2. Prepare your files: Make sure the recording is in an accepted format (mp3, wav) and the score is clear and readable.
  3. the application: You can submit your application online through the portal of the National Copyright Institute (INDAUTOR) or in person at its offices.
  4. Paying fees: Depending on the type of registration, there may be an associated fee. Check the INDAUTOR's website for current rates.

Once you have completed these steps, you will obtain a registration certificate that will protect your work and allow you to claim for its use.

Importance of music distribution platforms

In the digital age, having a reliable music distribution platform is crucial to maximizing the reach of your songs. Platforms such asSoundOnallow you to distribute your music globally, increasing your opportunities to generate revenue through entertainment.

In addition, these services often offer analysis and promotion tools that help you understand and improve your reach on various digital platforms.

With

Obtaining's sponsors and contracts, as well as registering the copyright to your songs, are essential steps to protect your work and ensure you receive fair compensation. Always remember to read and understand all terms before signing any contract, and consider using distribution platforms such asSoundOnto maximize your reach and opportunities in the music industry.

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