Legal Question in Intellectual Property in New York
Exclusive Rights
I inted to sell Instrumentals to artists who want to add their vocals to them. Which kind of rights should I give if I want the most money? Is temporarily granting exclusive rights the best idea?
2 Answers from Attorneys
Re: Exclusive Rights
Licensing the work would seem the most likely method. If you'd like to discuss the issue, please feel free to get in touch.
Re: Exclusive Rights
What Mr. Browde said, with a couple of caveats: If you did not write the music, be aware that the composer/rights owner will be entitled to royalties from you. If you do not perform the music, be aware that the performer/rights owner will be entitled to royalties from you.
That said, licensing may well be your best bang for the buck. I can help with that; feel free to call my office to discuss.
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