Slackmaster2K
Gone
Ok, I've looked over the information here and at mp3.com and read a few FAQs on the net. But I still have some questions.
I want to record a cover...a cool mixture arrangement of Hendrix's Hear My Train a Comin and Voodoo Child. I'm NOT going to sell it, but I am going to post it available on the net...so I need to make sure I'm not infringing on any rights. I'm not going to be sampling or anything like that.
From what I gather, I don't have to go through the Fox agency and pay their $35 fee. I simply have to serve the publisher of the songs with a notice for compulsary license. They have no choice but to let me record my own arrangement of the music as long as I pay royalties. Royalties are based on units distributed and the length of the piece and are payed quarterly AND at the end of the year an earnings report must be submitted by a CPA.
Here's where I'm confused. I'm not going to be making any money off this. Therefore I figure that I can serve the publisher with a notice and each quarter report that I've made nothing. Yes?
Now the end of the year thing bothers me. Do I have to pay a CPA to generate an earnings report that says, "Slackmaster didn't make a friggin dime?" That seems like a big waste of money to me!
Comments please?
On the same token, are all the cover bands in the world breaking the law when they perform without licensing every single tune they perform?
Slackmaster 2000
I want to record a cover...a cool mixture arrangement of Hendrix's Hear My Train a Comin and Voodoo Child. I'm NOT going to sell it, but I am going to post it available on the net...so I need to make sure I'm not infringing on any rights. I'm not going to be sampling or anything like that.
From what I gather, I don't have to go through the Fox agency and pay their $35 fee. I simply have to serve the publisher of the songs with a notice for compulsary license. They have no choice but to let me record my own arrangement of the music as long as I pay royalties. Royalties are based on units distributed and the length of the piece and are payed quarterly AND at the end of the year an earnings report must be submitted by a CPA.
Here's where I'm confused. I'm not going to be making any money off this. Therefore I figure that I can serve the publisher with a notice and each quarter report that I've made nothing. Yes?
Now the end of the year thing bothers me. Do I have to pay a CPA to generate an earnings report that says, "Slackmaster didn't make a friggin dime?" That seems like a big waste of money to me!
Comments please?
On the same token, are all the cover bands in the world breaking the law when they perform without licensing every single tune they perform?
Slackmaster 2000