- Not only do your songs have the ability to produce revenue for you in the present, they can make money for you in the future;
- If you assign the ownership of your songs to someone else, you can still protect your future revenue by negotiating the terms in the agreement;
- Consider requiring that the ownership is returned to you if the songs are not used to generate a certain amount of income within a certain period of time;
- Speak with a qualified attorney for ways to structure the language so that you can ensure the future revenue of your songs is secure.
- Learn more at http://StartYourMusicBusiness.com
Follow Audrey Chisholm, Esq. on Twitter: @AttorneyAudrey
Audrey K. Chisholm, Esq. is the founder and senior partner of Chisholm Law Firm, LLC (http://CLFattorneys.com). She is a nationally renowned attorney and represents individuals in the music business in entertainment, corporate, litigation, and intellectual property (copyright and trademark) legal matters. She is a member of the Florida Bar Association. Her clients include record labels, songwriters, music publishers, producers and artists whose works have been featured on MTV®, American Idol®, VH1® and more. She is the published author of the #1 Amazon Bestselling book in music business “Start Your Music Business™” and “Run Your Music Business™” (Coming Soon).
She is a sought after speaker at conferences and events and has spoken to audiences of over 13,000 people. Attorney Chisholm is also the founder of a 12-year-old federally recognized 501(c)(3) tax-exempt non-profit organization, Revolution Leadership, Inc. (http://RevolutionLeadership.org), that provides educational leadership programming, financial management, and entrepreneurship training, and awards college scholarships to high school students and has served over 1,400 students nationwide. She resides in Orlando, Florida with her husband, financial author Dr. Juan Chisholm.
DISCLAIMER: The above content contains information of general application for informational purposes only. It does not constitute legal advice and is not intended to replace the advice of an attorney as laws among states vary. The author specifically disclaims any liability that is incurred from the use or application of the content.