What is a co-publishing agreement?

A co-publishing agreement is a contract between two publishers, where they both share the rights to a piece of music or composition. Usually, one publisher will own the copyright of the work, while the other publisher will get publishing rights. This agreement helps to spread the risk of marketing and distributing the work, as well as the potential profits from the work. In New York, co-publishing agreements are regulated by the New York State Department of Labor. The department sets guidelines on the terms and conditions of the agreement, which must be followed in order to ensure fairness for both parties involved. These terms may include such things as limits on the royalty rate, splits of income between the two publishers, and use of the work in various mediums. Overall, co-publishing agreements are beneficial to both publishers, allowing them to both benefit from the work while reducing the risk of any single party shouldering all of the burden. This type of agreement is often used in entertainment law in New York, as it allows both parties involved to reap the rewards of their efforts.

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What is a co-publishing agreement?

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