$50,000 is earmarked in the production budget to be divided among the community artists for contributions included in the final song or special.
In addition, if any of your contributions are included in the final song and the song is released commercially (for example as a single, on an album, or licensed to a third party), you will participate in any music royalties that are standard to the music industry.
HITRECORD and Logic have designed a royalty structure with fairness toward the community as our primary and motivating factor. To understand how these royalties work you will need to understand the difference between publishing royalties (which are paid for the use of a song or composition), and master royalties (which are paid for the use of a specific sound recording). The links we’ve provided below should be a good starting point...
For more information on payments for this project, view the Payment Proposals for 2018 Q3 + Q4 video below:
For an in-depth explanation of music licensing, CLICK HERE.
For an example and overview of how music streaming royalties are paid to artists, CLICK HERE.
If you have any questions, please send us an email to email@example.com and we will get back to you as soon as possible.