What is a co-publishing agreement?
A co-publishing agreement is an agreement between two or more parties to share income generated from publishing. This agreement is common in the entertainment industry, particularly in California. The parties involved in a co-publishing agreement typically include a publisher, songwriter, and music publisher. The primary purpose of a co-publishing agreement is to share the publishing income generated from a song. This agreement divides the publishing income fairly between the songwriter and music publisher. The music publisher typically receives a larger portion of the income based on the amount of promotion and marketing that they can provide for the song. In addition to the income sharing, the co-publishing agreement also outlines the responsibilities for each party. The music publisher typically has the responsibility of promoting the song, negotiating licensing agreements to have the song played on the radio, and managing the distribution of the song. The songwriter is then responsible for the composition of the song and ensuring the song is properly registered with the copyright office. Ultimately, the co-publishing agreement is a beneficial agreement for everyone involved since it outlines the rights and responsibilities of each party and allows everyone to share the income generated from the song. By creating a clear agreement, both the music publisher and songwriter are able to make sure that they are getting a fair share of the income.
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