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Royalty payment

Index Royalty payment

A royalty is a payment made by one party, the licensee or franchisee to another that owns a particular asset, the licensor or franchisor for the right to ongoing use of that asset. [1]

165 relations: American Federation of Musicians, American Federation of Television and Radio Artists, American Society of Composers, Authors and Publishers, AOL, Artist, Audio Home Recording Act, Author, Balance sheet, Beautiful Dreamer, Biomaterial, Blackface, Brand, British Phonographic Industry, Broadcast Music, Inc., Broadcasting, Business plan, Camptown Races, Celebrity bond, Christian Church, Christy's Minstrels, Church of England, Clinical trial, Compact disc, Compulsory license, Copyright, Copyright Act of 1790, Copyright Act of 1976, Copyright Arbitration Royalty Panel, Copyright Directive, Copyright Royalty Board, Copyright transfer agreement, Copyright Tribunal, Copyright, Designs and Patents Act 1988, Court (royal), Cross-licensing, Custom software, Damages, Derivative work, DHL Express, Digital Millennium Copyright Act, Digital Performance Right in Sound Recordings Act, Digital rights, Digital rights management, Discounted cash flow, Discounting, Drama, Drug development, Equity (finance), Exclusive right, Fair market value, ..., Fee simple, Field holler, Fixed asset, FLAC, Font, Franchising, Frederick Nolan, Frontier Lands, GEMA (German organization), Globalization, Gold rush, Government of Canada, Guido of Arezzo, Harry Fox Agency, Holding company, Initial public offering, Intangible asset, Intellectual property valuation, Internal Revenue Service, Inventory, Jazz, Karaoke, Law of the United States, Leaseback, Library of Congress, License, Licensing Executives Society International, List price, Lump sum, Market capitalization, Martin Luther, Mechanical license, MIDI, Milestone, Mineral rights, Minerals Management Service, Minstrel show, MP3, Musical composition, Musical notation, Musician, My Old Kentucky Home, Name recognition, Napster, Net present value, Nonprofit organization, Oh! Susanna, Old Folks at Home, Online and offline, Parlour music, Patent, Patent application, Payola, Performance rights organisation, Performing rights, Phonograph, Phonograph record, Phonographic Performance Limited, Photographer, Piano roll, Player piano, Print on demand, Printing press, Pro rata, Production music, Proofreading, PRS for Music, Published Price to Dealer, Publishing, Radio, Record label, Recording Artists' Coalition, Recording contract, Recoupment, Residual (entertainment industry), Resource rent, Revenue, Revenue-based financing, RightsFlow, Ringtone, Royalty rate assessment, Royalty-free, Sampling (statistics), Satellite television, Service mark, SESAC, Severance tax, Sheet music, Société des auteurs, compositeurs et éditeurs de musique, Software, Songwriter, Sound film, Sound recording and reproduction, SoundExchange, Stephen Foster, Stock market, Strategic alliance, Stumpage, Synchronization, Technology life cycle, Television station, Term of patent, Tin Pan Alley, Trademark, United States Congress, United States Copyright Office, United States Court of Appeals for the Federal Circuit, Value-added tax, Venture capital, WAV, Webcast, Website, William Billings, Working capital, Yahoo!. Expand index (115 more) »

American Federation of Musicians

The American Federation of Musicians of the United States and Canada (AFM/AFofM) is a 501(c)(5) labor union representing professional musicians in the United States and Canada.

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American Federation of Television and Radio Artists

The American Federation of Television and Radio Artists (AFTRA) was a performers' union that represented a wide variety of talent, including actors in radio and television, radio and television announcers and newspersons, singers and recording artists (both royalty artists and background singers), promo and voice-over announcers and other performers in commercials, stunt persons and specialty acts—as the organization itself publicly stated, "AFTRA's membership includes an array of talent".

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American Society of Composers, Authors and Publishers

The American Society of Composers, Authors, and Publishers (ASCAP) is an American not-for-profit performance-rights organization (PRO) that protects its members' musical copyrights by monitoring public performances of their music, whether via a broadcast or live performance, and compensating them accordingly.

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AOL

AOL (formerly a company known as AOL Inc., originally known as America Online, and stylized as Aol.) is a web portal and online service provider based in New York.

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Artist

An artist is a person engaged in an activity related to creating art, practicing the arts, or demonstrating an art.

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Audio Home Recording Act

The Audio Home Recording Act of 1992 (AHRA) amended the United States copyright law by adding Chapter 10, "Digital Audio Recording Devices and Media".

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Author

An author is the creator or originator of any written work such as a book or play, and is thus also a writer.

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Balance sheet

In financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as Government or not-for-profit entity.

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Beautiful Dreamer

"Beautiful Dreamer" is a parlor song by American songwriter Stephen Foster (1826–1864).

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Biomaterial

A biomaterial is any substance that has been engineered to interact with biological systems for a medical purpose - either a therapeutic (treat, augment, repair or replace a tissue function of the body) or a diagnostic one.

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Blackface

Blackface was and is a form of theatrical make-up used predominantly by non-black performers to represent a caricature of a black person.

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Brand

A brand is a name, term, design, symbol, or other feature that distinguishes an organization or product from its rivals in the eyes of the customer.

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British Phonographic Industry

The BPI (British Recorded Music Industry) Limited, commonly known as the British Phonographic Industry or BPI, is the British recorded music industry's trade association.

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Broadcast Music, Inc.

Broadcast Music, Inc. (BMI) is one of five United States performing rights organizations, along with ASCAP, SESAC, Global Music Rights, &. It collects license fees on behalf of songwriters, composers, and music publishers and distributes them as royalties to those members whose works have been performed.

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Broadcasting

Broadcasting is the distribution of audio or video content to a dispersed audience via any electronic mass communications medium, but typically one using the electromagnetic spectrum (radio waves), in a one-to-many model.

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Business plan

A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them.

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Camptown Races

"Gwine to Run All Night, or De Camptown Races" (popularly known as "Camptown Races") is a minstrel song by Stephen Foster (1826–1864).

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Celebrity bond

A celebrity bond is commercial debt security issued by a holder of fame-based intellectual property rights to receive money upfront from investors on behalf of the bond issuer and their celebrity clients in exchange for assigning investors the right to collect future royalty monies to the works covered by the intellectual property rights listed in the bond.

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Christian Church

"Christian Church" is an ecclesiological term generally used by Protestants to refer to the whole group of people belonging to Christianity throughout the history of Christianity.

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Christy's Minstrels

Christy's Minstrels, sometimes referred to as the Christy Minstrels, were a blackface group formed by Edwin Pearce Christy, a well-known ballad singer, in 1843, in Buffalo, New York.

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Church of England

The Church of England (C of E) is the state church of England.

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Clinical trial

Clinical trials are experiments or observations done in clinical research.

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Compact disc

Compact disc (CD) is a digital optical disc data storage format that was co-developed by Philips and Sony and released in 1982.

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Compulsory license

A compulsory license provides that the owner of a patent or copyright licenses the use of their rights against payment either set by law or determined through some form of adjudication or arbitration.

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Copyright

Copyright is a legal right, existing globally in many countries, that basically grants the creator of an original work exclusive rights to determine and decide whether, and under what conditions, this original work may be used by others.

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Copyright Act of 1790

The Copyright Act of 1790 was the first federal copyright act to be instituted in the United States, though most of the states had passed various legislation securing copyrights in the years immediately following the Revolutionary War.

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Copyright Act of 1976

The Copyright Act of 1976 is a United States copyright law and remains the primary basis of copyright law in the United States, as amended by several later enacted copyright provisions.

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Copyright Arbitration Royalty Panel

The Copyright Arbitration Royalty Panel (CARP) system was a part of the United States Congress involved in making decisions regarding copyright royalties.

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Copyright Directive

The Copyright Directive (officially the Directive 2001/29/EC of the European Parliament and of the Council of 22 May 2001 on the harmonisation of certain aspects of copyright and related rights in the information society, also known as the Information Society Directive or the InfoSoc Directive), is a directive of the European Union enacted to implement the WIPO Copyright Treaty and to harmonise aspects of copyright law across Europe, such as copyright exceptions. The directive was enacted under the internal market provisions of the Treaty of Rome. The directive was subject to unprecedented lobbying and has been cited as a success for copyright industries. The directive gives EU Member States significant freedom in certain aspects of transposition. Member States had until 22 December 2002 to implement the directive into their national laws. However, only Greece and Denmark met the deadline and the European Commission eventually initiated enforcement action against six Member States for non-implementation.

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Copyright Royalty Board

The Copyright Royalty Board (CRB) is a U.S. system of three copyright royalty judges who determine rates and terms for copyright statutory licenses and make determinations on distribution of statutory license royalties collected by the U.S. Copyright Office of the Library of Congress.

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Copyright transfer agreement

A copyright transfer agreement is a legal document containing provisions for the conveyance of full or partial copyright from the rights owner to another party.

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Copyright Tribunal

The Copyright Tribunal in the United Kingdom has jurisdiction over some intellectual property disputes under the Copyright, Designs and Patents Act 1988.

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Copyright, Designs and Patents Act 1988

The Copyright, Designs and Patents Act 1988, also known as the CDPA, is an Act of the Parliament of the United Kingdom that received Royal Assent on 15 November 1988.

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Court (royal)

A court is an extended royal household in a monarchy, including all those who regularly attend on a monarch, or another central figure.

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Cross-licensing

A cross-licensing agreement is a contract between two or more parties where each party grants rights to their intellectual property to the other parties.

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Custom software

Custom software (also known as bespoke software or tailor-made software) is software that is specially developed for some specific organization or other user.

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Damages

In law, damages are an award, typically of money, to be paid to a person as compensation for loss or injury.

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Derivative work

In copyright law, a derivative work is an expressive creation that includes major copyright-protected elements of an original, previously created first work (the underlying work).

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DHL Express

DHL Express is a division of the German logistics company Deutsche Post DHL providing international courier, parcel, and express mail services.

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Digital Millennium Copyright Act

The Digital Millennium Copyright Act (DMCA) is a United States copyright law that implements two 1996 treaties of the World Intellectual Property Organization (WIPO).

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Digital Performance Right in Sound Recordings Act

The Digital Performance Right in Sound Recordings Act of 1995 (DPRA) is a United States Copyright law that grants owners of a copyright in sound recordings an exclusive right “to perform the copyrighted work publicly by means of a digital audio transmission.” The DPRA was enacted in response to the absence of a performance right for sound recordings in the Copyright Act of 1976 and a fear that digital technology would stand in for sales of physical records.

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Digital rights

The term digital rights describes the human rights that allow individuals to access, use, create, and publish digital media or to access and use computers, other electronic devices, or communications networks.

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Digital rights management

Digital rights management (DRM) is a set of access control technologies for restricting the use of proprietary hardware and copyrighted works.

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Discounted cash flow

In finance, discounted cash flow (DCF) analysis is a method of valuing a project, company, or asset using the concepts of the time value of money.

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Discounting

Discounting is a financial mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee.

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Drama

Drama is the specific mode of fiction represented in performance: a play performed in a theatre, or on radio or television.

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Drug development

Drug development is the process of bringing a new pharmaceutical drug to the market once a lead compound has been identified through the process of drug discovery.

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Equity (finance)

In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned.

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Exclusive right

In Anglo-Saxon law, an exclusive right, or exclusivity, is a de facto, non-tangible prerogative existing in law (that is, the power or, in a wider sense, right) to perform an action or acquire a benefit and to permit or deny others the right to perform the same action or to acquire the same benefit.

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Fair market value

Fair market value (FMV) is an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market.

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Fee simple

In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership.

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Field holler

The field holler or field call is a mostly historical type of vocal music sung by African (and later African American) slaves to accompany their work, to communicate usefully, or to vent feelings.

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Fixed asset

Fixed assets, also known as tangible assets or property, plant and equipment (PP&E), is a term used in accounting for assets and property that cannot easily be converted into cash.

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FLAC

FLAC (Free Lossless Audio Codec) is an audio coding format for lossless compression of digital audio, and is also the name of the free software project producing the FLAC tools, the reference software package that includes a codec implementation.

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Font

In metal typesetting, a font was a particular size, weight and style of a typeface.

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Franchising

Franchising is based on a marketing concept which can be adopted by an organisation as a strategy for business expansion.

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Frederick Nolan

Frederick William Nolan (born 7 March 1931 in Liverpool is an English editor and writer, mostly known as Frederick Nolan; he also uses the pen names Donald Severn, Daniel Rockfern, Christine McGuire, and Frederick H. Christian.

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Frontier Lands

Frontier lands are Crown owned lands in Canada's North and offshore areas not under the jurisdiction of a federal or provincial shared management agreement.

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GEMA (German organization)

The Gesellschaft für musikalische Aufführungs- und mechanische Vervielfältigungsrechte (GEMA; Society for musical performing and mechanical reproduction rights) is a government-mandated collecting society and performance rights organization based in Germany, with administrative offices in Berlin and Munich.

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Globalization

Globalization or globalisation is the process of interaction and integration between people, companies, and governments worldwide.

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Gold rush

A gold rush is a new discovery of gold—sometimes accompanied by other precious metals and rare earth minerals—that brings an onrush of miners seeking their fortune.

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Government of Canada

The Government of Canada (Gouvernement du Canada), formally Her Majesty's Government (Gouvernement de Sa Majesté), is the federal administration of Canada.

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Guido of Arezzo

Guido of Arezzo (also Guido Aretinus, Guido Aretino, Guido da Arezzo, Guido Monaco, or Guido d'Arezzo, or Guy of Arezzo also Guy d'Arezzo) (991/992 – after 1033) was an Italian music theorist of the Medieval era.

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Harry Fox Agency

The Harry Fox Agency (HFA) is a provider of rights management and collector and distributor of mechanical license fees on behalf of music publishers in the United States.

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Holding company

A holding company is a company that owns other companies' outstanding stock.

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Initial public offering

Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail (individual) investors; an IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

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Intangible asset

An intangible asset is an asset that lacks physical substance or is out of warranty (unlike physical assets such as machinery and buildings) and usually is very hard to evaluate.

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Intellectual property valuation

Valuation is considered as one of the most critical areas in finance; it plays a key role in many areas of finance such as buy/sell, solvency, merger and acquisition.

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Internal Revenue Service

The Internal Revenue Service (IRS) is the revenue service of the United States federal government.

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Inventory

Inventory (American English) or stock (British English) is the goods and materials that a business holds for the ultimate goal of resale (or repair).

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Jazz

Jazz is a music genre that originated in the African-American communities of New Orleans, United States, in the late 19th and early 20th centuries, and developed from roots in blues and ragtime.

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Karaoke

Karaoke, is a form of interactive entertainment or video game developed in Japan in which an amateur singer sings along with recorded music (a music video) using a microphone.

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Law of the United States

The law of the United States comprises many levels of codified and uncodified forms of law, of which the most important is the United States Constitution, the foundation of the federal government of the United States.

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Leaseback

Leaseback, short for "sale-and-leaseback," is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it.

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Library of Congress

The Library of Congress (LOC) is the research library that officially serves the United States Congress and is the de facto national library of the United States.

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License

A license (American English) or licence (British English) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit).

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Licensing Executives Society International

The Licensing Executives Society International, or LES International (LESI, or formally "LES International, Inc."),LESI web site, Consulted on March 21, 2007.

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List price

The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP), of a product is the price at which the manufacturer recommends that the retailer sell the product.

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Lump sum

A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity).

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Market capitalization

Market capitalization (market cap) is the market value of a publicly traded company's outstanding shares.

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Martin Luther

Martin Luther, (10 November 1483 – 18 February 1546) was a German professor of theology, composer, priest, monk, and a seminal figure in the Protestant Reformation.

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Mechanical license

In copyright law, a mechanical license is a license that grants certain limited permissions to work with, study, improve upon, reinterpret, re-record (etc.) something that is neither a free/open source item nor in the public domain.

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MIDI

MIDI (short for Musical Instrument Digital Interface) is a technical standard that describes a communications protocol, digital interface, and electrical connectors that connect a wide variety of electronic musical instruments, computers, and related music and audio devices.

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Milestone

A milestone is one of a series of numbered markers placed along a road or boundary at intervals of one mile or occasionally, parts of a mile.

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Mineral rights

Mineral rights are property rights to exploit an area for the minerals it harbors.

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Minerals Management Service

The Minerals Management Service (MMS) was an agency of the United States Department of the Interior that managed the nation's natural gas, oil and other mineral resources on the outer continental shelf (OCS).

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Minstrel show

The minstrel show, or minstrelsy, was an American form of entertainment developed in the early 19th century.

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MP3

MP3 (formally MPEG-1 Audio Layer III or MPEG-2 Audio Layer III) is an audio coding format for digital audio.

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Musical composition

Musical composition can refer to an original piece of music, either a song or an instrumental music piece, the structure of a musical piece, or the process of creating or writing a new song or piece of music.

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Musical notation

Music notation or musical notation is any system used to visually represent aurally perceived music played with instruments or sung by the human voice through the use of written, printed, or otherwise-produced symbols.

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Musician

A musician is a person who plays a musical instrument or is musically talented.

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My Old Kentucky Home

"My Old Kentucky Home, Good-Night!" is an anti-slavery ballad originally written by Stephen Foster, (probably) composed in 1852.

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Name recognition

In politics, name recognition is the number of people who are aware of a politician.

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Napster

Napster is the name given to three music-focused online services.

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Net present value

In finance, the net present value (NPV) or net present worth (NPW) is a measurement of profit calculated by subtracting the present values (PV) of cash outflows (including initial cost) from the present values of cash inflows over a period of time.

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Nonprofit organization

A non-profit organization (NPO), also known as a non-business entity or non-profit institution, is dedicated to furthering a particular social cause or advocating for a shared point of view.

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Oh! Susanna

"Oh! Susanna" is a minstrel song by Stephen Foster (1826–1864), first published in 1848.

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Old Folks at Home

"Old Folks at Home" (also known as "Swanee River", "Swanee Ribber", or "Suwannee River") is a minstrel song written by Stephen Foster in 1851.

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Online and offline

In computer technology and telecommunications, online indicates a state of connectivity, and offline indicates a disconnected state.

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Parlour music

Parlour music is a type of popular music which, as the name suggests, is intended to be performed in the parlours of middle-class homes by amateur singers and pianists.

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Patent

A patent is a set of exclusive rights granted by a sovereign state or intergovernmental organization to an inventor or assignee for a limited period of time in exchange for detailed public disclosure of an invention.

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Patent application

A patent application is a request pending at a patent office for the grant of a patent for the invention described and claimed by that application.

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Payola

Payola, in the music industry, is the illegal practice of payment or other inducement by record companies for the broadcast of recordings on commercial radio in which the song is presented as being part of the normal day's broadcast, without announcing this prior to broadcast.

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Performance rights organisation

A performance rights organisation (PRO), also known as a performing rights society, provides intermediary functions, particularly collection of royalties, between copyright holders and parties who wish to use copyrighted works publicly in locations such as shopping and dining venues.

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Performing rights

Performing rights are the right to perform music in public.

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Phonograph

The phonograph is a device for the mechanical recording and reproduction of sound.

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Phonograph record

A phonograph record (also known as a gramophone record, especially in British English, or record) is an analog sound storage medium in the form of a flat disc with an inscribed, modulated spiral groove.

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Phonographic Performance Limited

Phonographic Performance Limited, commonly known as PPL, is a UK-based music licensing company and performance rights organisation founded by Decca and EMI in 1934.

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Photographer

A photographer (the Greek φῶς (phos), meaning "light", and γραφή (graphê), meaning "drawing, writing", together meaning "drawing with light") is a person who makes photographs.

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Piano roll

A piano roll is a music storage medium used to operate a player piano, piano player or reproducing piano.

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Player piano

A player piano (also known as pianola) is a self-playing piano, containing a pneumatic or electro-mechanical mechanism that operates the piano action via pre-programmed music recorded on perforated paper, or in rare instances, metallic rolls, with more modern implementations using MIDI.

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Print on demand

Print-on-demand (POD) is a printing technology and business process in which book copies (or other documents) are not printed until the company receives an order, allowing prints of singular or small quantities.

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Printing press

A printing press is a device for applying pressure to an inked surface resting upon a print medium (such as paper or cloth), thereby transferring the ink.

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Pro rata

Pro rata is an adverb or adjective, meaning in proportion.

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Production music

Production music (also known as stock music or library music) is the name given to recorded music that can be licensed to customers for use in film, television, radio and other media.

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Proofreading

Proofreading is the reading of a galley proof or an electronic copy of a publication to detect and correct production errors of text or art.

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PRS for Music

PRS for Music Limited (formerly The MCPS-PRS Alliance Limited) is the UK’s leading collection society, bringing together two collection societies: the Mechanical-Copyright Protection Society (MCPS) and the Performing Right Society (PRS).

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Published Price to Dealer

In the music industry, the Published Price to Dealer (PPD) is the wholesale unit price of a recorded work.

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Publishing

Publishing is the dissemination of literature, music, or information—the activity of making information available to the general public.

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Radio

Radio is the technology of using radio waves to carry information, such as sound, by systematically modulating properties of electromagnetic energy waves transmitted through space, such as their amplitude, frequency, phase, or pulse width.

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Record label

A record label, or record company, is a brand or trademark associated with the marketing of music recordings and music videos.

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Recording Artists' Coalition

The Recording Artists' Coalition (RAC) is an American music industry organization that represents recording artists, and attempts to defend their rights and interests.

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Recording contract

A recording contract (commonly called a record contract or record deal) is a legal agreement between a record label and a recording artist (or group), where the artist makes a record (or series of records) for the label to sell and promote.

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Recoupment

Recoupment is the practice, common in the music industry, of claiming an advance provided to an artist back from that artist rather than (or, as well as) from related sources.

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Residual (entertainment industry)

Residuals are royalties that are paid to the actors, film or television directors, and others involved in making TV shows and movies in cases of reruns, syndication, DVD release, or online streaming release.

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Resource rent

In economics, rent is a surplus value after all costs and normal returns have been accounted for, i.e. the difference between the price at which an output from a resource can be sold and its respective extraction and production costs, including normal return.

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Revenue

In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.

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Revenue-based financing

Revenue-based financing or royalty-based financing (RBF) is a type of financial capital provided to small or growing businesses in which investors inject capital into a business in return for a percentage of ongoing gross revenues.

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RightsFlow

RightsFlow is an American company that provides organizations, bands, songwriters and individuals with music licensing services and royalty payment solutions.

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Ringtone

A ringtone or ring tone is the sound made by a telephone to indicate an incoming call or text message.

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Royalty rate assessment

Royalty rate assessment is a practical tool to gauge the impact of a royalty commitment in a technology contract to the business interests of the contracting parties.

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Royalty-free

Royalty-free, or RF, refers to the right to use copyright material or intellectual property without the need to pay royalties or license fees for each use, per each copy or volume sold or some time period of use or sales.

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Sampling (statistics)

In statistics, quality assurance, and survey methodology, sampling is the selection of a subset (a statistical sample) of individuals from within a statistical population to estimate characteristics of the whole population.

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Satellite television

Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location.

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Service mark

A service mark or servicemark is a trademark used in the United States and several other countries to identify a service rather than a product.

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SESAC

SESAC, originally the Society of European Stage Authors and Composers is a performance-rights organization (PRO) in the United States.

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Severance tax

Severance taxes are taxes imposed on the removal of natural resources within a taxing jurisdiction.

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Sheet music

Sheet music is a handwritten or printed form of music notation that uses modern musical symbols to indicate the pitches (melodies), rhythms or chords of a song or instrumental musical piece.

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Société des auteurs, compositeurs et éditeurs de musique

Société des auteurs, compositeurs et éditeurs de musique (SACEM) is a French professional association collecting payments of artists’ rights and distributing the rights to the original songwriters, composers, and music publishers.

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Software

Computer software, or simply software, is a generic term that refers to a collection of data or computer instructions that tell the computer how to work, in contrast to the physical hardware from which the system is built, that actually performs the work.

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Songwriter

A songwriter is a professional who is paid to write lyrics for singers and melodies for songs, typically for a popular music genre such as rock or country music.

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Sound film

A sound film is a motion picture with synchronized sound, or sound technologically coupled to image, as opposed to a silent film.

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Sound recording and reproduction

Sound recording and reproduction is an electrical, mechanical, electronic, or digital inscription and re-creation of sound waves, such as spoken voice, singing, instrumental music, or sound effects.

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SoundExchange

SoundExchange is a non-profit collective rights management organization.

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Stephen Foster

Stephen Collins Foster (July 4, 1826January 13, 1864), known as "the father of American music", was an American songwriter known primarily for his parlor and minstrel music.

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Stock market

A stock market, equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as those only traded privately.

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Strategic alliance

A strategic alliance (also see strategic partnership) is an agreement between two or more parties to pursue a set of agreed upon objectives needed while remaining independent organizations.

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Stumpage

Stumpage is the price a private firm pays for the right to harvest timber from a given land base.

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Synchronization

Synchronization is the coordination of events to operate a system in unison.

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Technology life cycle

The technology life-cycle (TLC) describes the commercial gain of a product through the expense of research and development phase, and the financial return during its "vital life".

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Television station

A television station is a set of equipment managed by a business, organisation or other entity, such as an amateur television (ATV) operator, that transmits video content via radio waves directly from a transmitter on the earth's surface to a receiver on earth.

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Term of patent

The term of a patent is the maximum period during which it can be maintained in force.

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Tin Pan Alley

Tin Pan Alley is the name given to the collection of New York City music publishers and songwriters who dominated the popular music of the United States in the late 19th century and early 20th century.

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Trademark

A trademark, trade mark, or trade-markThe styling of trademark as a single word is predominantly used in the United States and Philippines only, while the two-word styling trade mark is used in many other countries around the world, including the European Union and Commonwealth and ex-Commonwealth jurisdictions (although Canada officially uses "trade-mark" pursuant to the Trade-mark Act, "trade mark" and "trademark" are also commonly used).

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United States Congress

The United States Congress is the bicameral legislature of the Federal government of the United States.

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United States Copyright Office

The United States Copyright Office, a part of the Library of Congress, is the official U.S. government body that maintains records of copyright registration in the United States, including a Copyright Catalog.

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United States Court of Appeals for the Federal Circuit

The United States Court of Appeals for the Federal Circuit (Federal Circuit; in case citations, Fed. Cir. or C.A.F.C.) is a United States court of appeals headquartered in Washington, D.C. The court was created by Congress with passage of the Federal Courts Improvement Act of 1982, which merged the United States Court of Customs and Patent Appeals and the appellate division of the United States Court of Claims, making the judges of the former courts into circuit judges.

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Value-added tax

A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally, based on the increase in value of a product or service at each stage of production or distribution.

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Venture capital

Venture capital (VC) is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth (in terms of number of employees, annual revenue, or both).

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WAV

Waveform Audio File Format (WAVE, or more commonly known as WAV due to its filename extension - both pronounced "wave") (rarely, Audio for Windows) is a Microsoft and IBM audio file format standard for storing an audio bitstream on PCs.

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Webcast

A webcast is a media presentation distributed over the Internet using streaming media technology to distribute a single content source to many simultaneous listeners/viewers.

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Website

A website is a collection of related web pages, including multimedia content, typically identified with a common domain name, and published on at least one web server.

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William Billings

William Billings (October 7, 1746 – September 26, 1800) is regarded as the first American choral composer.

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Working capital

Working capital (abbreviated WC) is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities.

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Yahoo!

Yahoo! is a web services provider headquartered in Sunnyvale, California and wholly owned by Verizon Communications through Oath Inc..

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References

[1] https://en.wikipedia.org/wiki/Royalty_payment

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