This document provides information about submitting songs to WHAAAT for crowdfunding. Artists can submit song bundles, and if selected, WHAAAT will conclude a publishing contract transferring rights to WHAAAT. WHAAAT will then offer shares of the song rights to investors through a crowdfunding campaign. If funding targets are met, the artist receives the funds upon song release, while investors receive royalty shares over the contract period. WHAAAT aims to connect artists, fans, and investors in a "win-win-win" model of music financing.
Lyrics, music, recordings and production - Jack Mason
Mixed and mastered by Latin Grammy winner - Ale Gaiotto
Video production - Berto Ortiz, Patricia Lobo, Patty S, Jack Mason
all rights reserved:
Jack Mason Live LLC
Jackmasonlive.com
Music has become an integral part of people’s lives, with streaming services like Spotify and Apple Music making it easier than ever to access all sorts of music. Have you ever wondered, though, how the music industry works? In this blog post
FIVE TOWNS COLLEGEDix Hills, New York 11746MUB 2.docxgertrudebellgrove
FIVE TOWNS COLLEGE
Dix Hills, New York 11746
MUB 202 Name of Student ______________________________
Music Business Contracts Prof. B. Colfin
ASSIGNMENT #2
SPRING 2020
SCORE
ATTACHED you will find a live performance agreement similar to the one I posted on
Schoology. Review the “gig” agreement.and answer some questions about it.
Follow the flow of the Agreement and tell us what you see as the questions focus your attention. Answer the questions directly on the paper. Print Legibly so that it can be read by others. It may be helpful to highlight or underline as I did in the example on schoology. Print your name above and return the answer sheets only. Keep the Agreement for yourself.
1-Who are the parties to the agreement?
2-When is the show and where is the show?
3-How long is the show?
4-Who provides the musicians?
5-Who pays for the musicians?
6-Is ANY drummer OK to be used for the show? Why?
7-If Artist travels to New York for interview s to promote the show, who pays for the flight?
8-Who pays for the rental of Tammany Hall?
9-Who pays for security and stagehands?
10-What if there is not enough electrical power, who gets and pays for the generator?
11-When and How does Artist receive payment? Read carefully.
12-Who pays for Artist’s travel, hotel, transport and meals?
13-May Artist control which photo the Purchaser uses to promote the show?
14-Can another artist on the bill have a larger size name on the concert advertisements?
15-Is it OK for the purchaser to broadcast the show on the internet for a fee?
16- What is the Artist’s compensation for performing? Read carefully!
17- What happens if the Purchaser can’t come up with the money to promote the show?
18- Who pays for the airfare to fly Artist from Montreal to LaGuardia airport?
19- May the Purchaser cancel the show if there is a four foot deep snowfall on March 22.
20- If Purchaser cancels, what does he lose (or must pay)?
21- If Purchaser needs to re-schedule, what needs to be done?
22- If Artist just chooses not to perform that night, what is Artist responsible for?
23- Must Artist share any of its earnings from selling T-Shirts and dancing shoes at the show?
24- Why is a technical rider important to this Agreement?
25- If there are any lawsuits filed, where will the Court be located?
MUB 202 Music Business Contracts Prof Colfin
HOMEWORK ASSIGNMENT #3 DUE FRIDAY 2/21/20 on Schoology
1 The assignment concerns the attached Exclusive Songwriter Agreement which follows these directions below.
GO Through the contract with a highlighter and focus on the 3-6 important words in each sentence or clause. This will help you spot the important information. The KEY WORDS in each clause.
On a separate sheet TYPE UP IN OUTLINE FORM, using short statements, at least 20 of the important points found in the Agreement below.
Use plain English. Write short, simple, clearly stated numbered points in YOUR OWN WORDS. Follow the flow of the a.
Lyrics, music, recordings and production - Jack Mason
Mixed and mastered by Latin Grammy winner - Ale Gaiotto
Video production - Berto Ortiz, Patricia Lobo, Patty S, Jack Mason
all rights reserved:
Jack Mason Live LLC
Jackmasonlive.com
Music has become an integral part of people’s lives, with streaming services like Spotify and Apple Music making it easier than ever to access all sorts of music. Have you ever wondered, though, how the music industry works? In this blog post
FIVE TOWNS COLLEGEDix Hills, New York 11746MUB 2.docxgertrudebellgrove
FIVE TOWNS COLLEGE
Dix Hills, New York 11746
MUB 202 Name of Student ______________________________
Music Business Contracts Prof. B. Colfin
ASSIGNMENT #2
SPRING 2020
SCORE
ATTACHED you will find a live performance agreement similar to the one I posted on
Schoology. Review the “gig” agreement.and answer some questions about it.
Follow the flow of the Agreement and tell us what you see as the questions focus your attention. Answer the questions directly on the paper. Print Legibly so that it can be read by others. It may be helpful to highlight or underline as I did in the example on schoology. Print your name above and return the answer sheets only. Keep the Agreement for yourself.
1-Who are the parties to the agreement?
2-When is the show and where is the show?
3-How long is the show?
4-Who provides the musicians?
5-Who pays for the musicians?
6-Is ANY drummer OK to be used for the show? Why?
7-If Artist travels to New York for interview s to promote the show, who pays for the flight?
8-Who pays for the rental of Tammany Hall?
9-Who pays for security and stagehands?
10-What if there is not enough electrical power, who gets and pays for the generator?
11-When and How does Artist receive payment? Read carefully.
12-Who pays for Artist’s travel, hotel, transport and meals?
13-May Artist control which photo the Purchaser uses to promote the show?
14-Can another artist on the bill have a larger size name on the concert advertisements?
15-Is it OK for the purchaser to broadcast the show on the internet for a fee?
16- What is the Artist’s compensation for performing? Read carefully!
17- What happens if the Purchaser can’t come up with the money to promote the show?
18- Who pays for the airfare to fly Artist from Montreal to LaGuardia airport?
19- May the Purchaser cancel the show if there is a four foot deep snowfall on March 22.
20- If Purchaser cancels, what does he lose (or must pay)?
21- If Purchaser needs to re-schedule, what needs to be done?
22- If Artist just chooses not to perform that night, what is Artist responsible for?
23- Must Artist share any of its earnings from selling T-Shirts and dancing shoes at the show?
24- Why is a technical rider important to this Agreement?
25- If there are any lawsuits filed, where will the Court be located?
MUB 202 Music Business Contracts Prof Colfin
HOMEWORK ASSIGNMENT #3 DUE FRIDAY 2/21/20 on Schoology
1 The assignment concerns the attached Exclusive Songwriter Agreement which follows these directions below.
GO Through the contract with a highlighter and focus on the 3-6 important words in each sentence or clause. This will help you spot the important information. The KEY WORDS in each clause.
On a separate sheet TYPE UP IN OUTLINE FORM, using short statements, at least 20 of the important points found in the Agreement below.
Use plain English. Write short, simple, clearly stated numbered points in YOUR OWN WORDS. Follow the flow of the a.
Similar to WHAAAT_SlideShare_Verlagsvertrag_Submitter_ist_Artist_E.pdf (20)
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
2. HOWTOSUMBIT?
As an artist (author) you can submit a song bundle to WHAAAT.The publishing rights will be used to make money in a
crowdfunding round (publishing contract). Submissions of all genres are welcome. Both unreleased and released songs can
be submitted.
The WHAAAT jury is continuously listening to the submissions.Please give us some time to give feedback on your songs.
The decision-making principle of the jury is based on fairness towards all parties involved.This means that the jury
evaluates the earn-back opportunity of the funding sum within the contract period with the submitted song bundle and the
rights transferred from it.
WHAAAT concludes a contract with you as the author as well as the co-authors (if applicable).The corresponding rights to
the songs are thus transferred to WHAAAT and offered to the investors.
The funding target and start date of the campaign are set. Now fans and investors can invest in your songs and participate in
the success of this song-bundle.
The financing target is achieved.The funding amount (ded. the fee) will be paid out to the submitter with the release of the
songs. Now you can work with this budget. No strings attached!
1
2
4
5
6
3
3. CONDITIONS
Assignment of
publishing rights title-
based to WHAAAT
The shares of the
publishing rights
corresponds with the
AKM distribution plan.
WHAAAT retains 20% of
the rights and offers
80% to investors.
Payment of the funding
deducting 20% fee
after the release of the
songs
WHAAAT has the right
to verify the
investments made with
the sum.
4. FOR INVESTORS
WHAAAT provides the crowdfunding platform and acts as a publisher.
WHAAAT signs a title-based contract with the creators.
Via www.whaaat.eu, fans and investors can acquire rights for the corresponding participation rights.The
crowdfunding round lasts at least 30 days. More about this in our terms and conditions.
The submitter receives the financing sum deducted by the fee at the moment of the release of the
bundled songs.
The relevant royalties paid by the distributors to WHAAAT will be paid pro rata to the submitter and
investors over the stated contract period.
1
2
3
4
5
5. CONDITIONS FOR INVESTORS
Investors register on
WHAAAT.
Investors acquire shares of
the song bundles.
A small transaction fee is
deducted.
Over the contractual period,
investors receive pro rata
distributions of the royalties
which are received by
WHAAAT.
6. WHAAAT
VISION
„WHAAAT’s vision is to bring together the most talented
musicians in Europe with fans and private investors.
Everyone involved benefits from this WIN:WIN:WIN
situation!!“
Mag. Lukas Rössler, MBA
Founder and CEO,Whaaat GmbH
7. WHAAAT IN
SHORT
WHAAAT is an alternative financing platform that
establishes a completely new form of investment.
Investing in music. WHAAAT brings artists, fans and
investors together.
Fans and investors can buy shares of the rights of the
songs at www.whaaat.eu and benefit financially from the
royalties in subsequent years.You can become a music
investor with just a few Euros.
The resulting financing is paid out to the artists or
labels.
9. WHAAATIS
WIN :WIN : WIN
Fans / Investors:
Support of their favorite artists, financial
participation in the success of the songs.
10. Music industry:
Funding of quality productions, marketing and
touring activities for indie and major labels. Music
markets benefit from higher quality of the acts.
WHAAATIS
WIN :WIN : WIN
