PilotX
10th January 2003, 11:16 AM
This is basically a question with regards to the legal side of things if we decide to charge for the magazine we are setting up
(please note that this decision is not taken, and discussion will occur first - this is for research so an informed decision can be made)
do we licence tracks from the visual and music artists. We then pay them royalties based on the sales of the albums. or do we have to pay an upfront licence fee? are there issues if this fee is 0 and we then pay them money later based on sales?
My belief would be that the artists have the rights to royalties whatever, but can choose to waive this right (which would be the case, I guess, if we don't charge)
Obviously we need watertight contracts for all this, but we can come back to that later.
Basically, what are the issues people know about in doing this? Presumably we will have to set up a company to handle this side of things, or can we do it informally (and still be legal)?
If there are issues i've not mentioned then please add them on,
I want to know all the complications now, so that we can avoid some pitfalls later on...
Cheers
Tom
(please note that this decision is not taken, and discussion will occur first - this is for research so an informed decision can be made)
do we licence tracks from the visual and music artists. We then pay them royalties based on the sales of the albums. or do we have to pay an upfront licence fee? are there issues if this fee is 0 and we then pay them money later based on sales?
My belief would be that the artists have the rights to royalties whatever, but can choose to waive this right (which would be the case, I guess, if we don't charge)
Obviously we need watertight contracts for all this, but we can come back to that later.
Basically, what are the issues people know about in doing this? Presumably we will have to set up a company to handle this side of things, or can we do it informally (and still be legal)?
If there are issues i've not mentioned then please add them on,
I want to know all the complications now, so that we can avoid some pitfalls later on...
Cheers
Tom