Explained! Why Jason Orange and Howard Donald’s publishing rights matter!
ORANGE AND DONALD’S RIGHTS UP FOR SALE!
EMI Music Publishing’s new owners are having to sell off several of their top song-writers to satisfy the EC’s deal conditions.
The European Commission watches companies practises and market shares to ensure that they do not establish a monopoly over the market and therefore control prices.
Among those who will have new publishing homes are Take That’s Jason Orange and Howard Donald, they signed to EMI when Take That reformed. Gary Barlow and Mark Owen were already signed to companies (Sony/ATV and Sedna) through their solo and song-writing work for others. Therefore the new company will be buying stakes in TT’s new songs such as ‘Rule the World’ and ‘Love Love’ which including Donald/Orange as song-writers.
Publishing deals look after an artists song-writing rather than recorded versions of tracks, it is seen as a major money spinner for artists as they will reap the benefits from tracks every time they are covered/featured or played in any form including if the words are played anywhere in the world including the American market.
Generally, as you sign a publishing deal, the publisher agrees to pay you a yearly advance in return for owning the copyright for everything you write during the time you’re signed. The publisher then takes 100% of the royalties coming in until they’ve recouped the advance, after which they’ll split it with you according to what you’ve agreed (anything from 50-50 to 80-20 in favour of the writer). It is know what Jason and Howard secured, but the more sure a bet the song-writer is the better deals they can negotiate.
It also means that if they write tracks that aren’t placed within the band then these can be ‘given’ to other artists to record and they will still retain a stake in that song and royalties earned from it.
I am sure that with a new Take That album on the way and another tour in 2014 then Jason and Howard will be at the centre of a bidding war!