Regardless of which record company owns the copyright in the sound recording
or the license to issue a particular track in a certain territory, the
person or persons who wrote the song will receive a percentage from all
sales of the track, plus a royalty for everytime the track is performed in
public. It seems that the performance royalties is where the real money
lies, and from every successful cover version a large chunk of the profit
will eventually find its way back to the original writers. For instance,
Robbie William picked up a cheque for �1 million earlier this year for
worldwide performance fees for "Angels" - just that one song, which was the
most played song on UK radio in 1998.
/N
>From: "matthew koehler" <[EMAIL PROTECTED]>
>Reply-To: [EMAIL PROTECTED]
>To: [EMAIL PROTECTED]
>Subject: SS: Love U More Cover
>Date: Fri, 03 Sep 1999 03:45:44 PDT
>
>>But it did do very well in Holland (so the country that built amsterdam
>>CAN
>>make mistakes) and earnt Paul & Lucia a pile of cash so who's complaining.
>>
>
>This is confusing, I thought Sony owned the rights to Love U More. How
>would have P&L made money on the cover? Or were they still with Sony at
>the
>time the cover was done, and so Sony gave them some of the money they made
>from it?
>
>
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