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Part Two of Two
Part One covered statutory licenses for sound recordings and performing rights licensing for musical compositions for webcasting purposes.
Originally a division of the RIAA, SoundExchange is now an independent, nonprofit performance-rights entity jointly controlled by artists and sound-recording copyright owners through an 18-member board of directors with nine artist representatives and nine copyright owner representatives. Artists receive 50% of royalties earned for each performance. The featured artist receives 45% of the total artist share. Non-featured artists receive a 5% compulsory rate established by law. The recording copyright owner, which may or may not be the actual label, receives the other 50%.
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This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
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