Rights Allocation
This involves determining how the rights to musical compositions and sound recordings are distributed among various stakeholders.
Creativity
Rights serve as compensation for the exploitation of intellectual property, allowing creators and rights holders to earn income from the various uses of their music.
Implementation
A careful and structured approach ensures that creators, performers, and rights holders receive fair compensation for their contributions.
Ownership
This refers to the legal rights and control that individuals or entities hold over various aspects of musical creations, performances, and recordings.
Creativity
This is crucial for ensuring that creators are compensated for their work and that proper permissions are obtained for its use.
Implementation
A clear legal and contractual arrangement to define and protect the rights of creators, performers, and other stakeholders involved in the creation, distribution, and use of musical works.
Royalties
These are payments made to the creators and rights holders of musical works or sound recordings in exchange for the authorized use of those works.
Creativity
These payments compensate creators and rights holders for the exploitation of their intellectual property.
Implementation
A combination of proper documentation, licensing agreements, monitoring, and collaboration with relevant organizations.