A common fourth situation is when a writer has signed a single song contract and the song becomes a great success. Such a writer, because of this success, will have the negotiating power to negotiate not only an exclusive songwriter agreement, but also a co-publishing agreement with a major publishing house for all future songs. On the co-publishing side of things… Not only does the songwriter attribute some of the copyright, but he does not always end up in the publisher`s interest. Not all songs are taken into account or invested, and you could get stuck in such an agreement until the publisher decides to invest time and money in your compositions. Yes, if you receive an advance, you must recover before making more revenue. When participating in a co-publication agreement, the music publisher and songwriter co-own the copyright on the compositions. In a co-publication agreement, authors most often retain 100% of their author`s share and 50% of their publisher`s share, while the publisher retains only 50% of the publisher`s share. For example, under an exclusive songwriter contract, the author transfers the copyright of a song or song to the music publisher and receives 50% of all revenue the publisher receives from those songs. However, in accordance with the co-publication agreement, the author sells and transfers only part of the copyright and retains the other part for his own publishing house. More importantly, the author receives not only the default share of 50% of songwriter in all revenues, but also a portion of the 50% normally reserved for the music publishing house (the so-called „publishers` share in income“). A co-publication agreement implies what the name implies – you share the edition with another person (whether it`s an individual or a company). As a songwriter, you typically assign 50% of your publishing share to this other entity in exchange (usually) for money.
The money can take the form of an advance or a draw in which you will be paid in semi-annual, quarterly or even monthly increments. The duration of the co-publication agreement is generally valid for a first year of twelve months, with options for renewing the contract for an additional year. Sometimes, if you are also an artist, the co-publication agreement could be related to any album you make. The money you receive in advance in a co-publication agreement must be refunded to the paying company. Since half of the writer`s income and half is considered a publishing share, you are entitled to 75 cents of every dollar earned (i.e. Your 50 cents as an author and 25 cents as a publisher, since you have distributed half of the publishing house). The company collects your 75 cents of each dollar and puts it against the advance you receive, and you won`t see any other income from them until your total advance is repaid. In the meantime, they receive the remaining 25 cents of every dollar. In addition, these types of administrative arrangements are generally intended exclusively for this party. This means that the administrator is the only entity with these types of rights. This means that no other party may issue licenses or collect any of the author`s publication fees for the same compositions. The agreement may apply to a specific composition, several compositions or the entire musical catalogue of an artist.
This type of deal is different from most traditional publishing stores and is generally more advantageous for a songwriter. This is because the agreement makes available to the author the total share of songwriters as well as a percentage of the „publisher`s share“ in the composition. This means that the author could potentially have 100% of the songwriter`s share and 50% of the publishing share in a song.