Each member of the group should pay attention to the manner and view of what is actually considered income of the group members, especially in situations where not all members of the group engage in the same activity. Songwriters are an example. As a general rule, only a songwriter receives a shareholding in the copyrighted work, and the copyright holder is generally the only person entitled to collect certain revenues from the exploitation of the work. These amounts generally include so-called « publishing » funds, a portion of the synchronization licence fee for the use of work in a film, television show or video game, as well as mechanical royalties on CDs and downloads of files sold containing the copyrighted work. If a member of the group is a non-writer, they are generally not entitled to any of these revenues, since only the songwriter receives these funds. You will find some examples of how the agreements were useful on the negotiations on the production contracts of the composer Andrée Greenwell, the Australian band Whitehouse, who commits to his copyright separations as a band before signing a record contract, and the Brow Horn Orchestra, who formalize their group partnership, because they understood that their popularity was growing very rapidly. It is true that things are moving so fast in this industry, and if your group takes off overnight, you want all your legal rights to be covered. We see many disputes over the payment of members, ownership of band assets and often problems where a member of the group leaves and conflicts have resulted. An essential element of your partnership agreement will determine who owns the copyright to the group`s original documents and recorded works. If there are dominant songwriters, they might want to get a larger share of the publishing rights to their songs, but each case is different – some groups decide to divide each revenue stream equally. For more information, see APRAAMCOS. Once you`ve done a song with someone else, chances are you two share the copyright together, and this can be a beautiful and complex thing from a legal point of view.
Try to get the group partnership and copyright things sorted before you do the magic. Sometimes, at first, it can be a bit complicated to negotiate with other members of the group and sign an agreement. Sort like a prenup – no one wants the other person to think they`re not trusted. But a deal in the Placer can really help avoid problems on the track, and keep your group strong and happy for years to come. This means you should have a group contract as soon as possible! While each band dreams of making it great and one day sharing the stage in a sold-out arena, the trials and difficulties they face on the way to the top can have an impact on the band members and shape their financial and musical destinies for the rest of the band member`s career. A « All for One » group membership mentality, in which each member receives an equal share of all profits and an equal share of the group`s operations, is theoretically formidable; But when money comes in and problems arise, these feelings are often put aside and become the second or most frequent crisis.