Thousands of new, high-quality pictures added every day. Academic commentary on resale royalty rights for visual artists - and particu-larly commentary by economists - has often been unfavorable. Central to media organisations meeting consumers' needs is IP rights and royalties, and companies must maximise their available #rights and deliver rapid #royalties to attract globally. Serious consideration was given to enacting a nationwide resale royalty right in the U. Various reports indicate the chain is suffering. 0. This sometimes tricky topic involves numerous stakeholders determining how royalty payments will be. For its interpretation, the Bombay High Court relied on the Parliamentary Standing Committee Report which too took note of this by remarking that “independent rights of authors of literary and musical works in cinematograph films are being wrongfully exploited by the producers and music companies by virtue of Supreme Court judgment in. Rights and royalty management technology, such as SAP S/4HANA for rights and royalty management by Vistex, is making this information more transparent than ever. Performance royalties are earned when a song is played on the radio or when it is performed publically. 2 billion, based on public reports, to fund the purchase of. 06/17/2018. home renovation. Introduction. Royalties are payments made to artists or creators for their intellectual property rights, such as songwriting or performance rights. Browse Getty Images' premium collection of high-quality, authentic Home Remodeling stock photos, royalty-free. This sometimes tricky topic involves numerous stakeholders determining how royalty. Central to media organisations meeting consumers' needs is IP rights and royalties, and companies must maximise their available #rights and. A patent owner can license or transfer interest in a patent. white kitchen backsplash. 5% royalty fee, and Subway also charges operators 4. With tech giants and. So the Court remanded this issue to the Board to determine what percentage of the royalty, if any, should be allocated to the ephemeral. Royalty Remodeling & Construction Contact Information. If you register your song with them, they’ll do the work of garnering all types of royalties from it. kitchen renovation couple. Phase I of the royalty distribution proceedings takes six. The PROs then pay the publishing companies their 50% and the songwriters their 50%. Phone Number: (847) 668-0658 Edit. Browse Getty Images' premium collection of high-quality, authentic Home Remodeling stock photos, royalty-free. Breaking. Bright’s Contracts Manager, Sandra Tharumalingam Willmer, is excited about the rights and royalties opportunities Bright artists have, as well as the changes and opportunities for growth within the publishing industry for authors and illustrators. 1 cents per copy. Alliance of Artists & Recording Companies (AARC) Specifically, there are four types of royalties (1) Mechanical Royalties, (2) Performance Royalties, (3) Synch Royalties, and (4) Print Music Royalties. Do you work for this business? Unlock this free profile to update company info and see who's viewing your profile. How Are Music Royalties Changing In 2023. PATENTS AND ROYALTIES Unless otherwise provided, the Contractor shall be solely responsible for obtaining the right to use any patented or copyrighted materials in the performance of the contract resulting from this Invitation for Bids. As a not-for-profit organization governed by musicians and experts working in the music industry, MROC’s main goal is to help you earn as. Local radio stations put the song on the air, generating public performance and (maybe) neighbouring royalties. Sheet music. The media and entertainment sector accounts for the largest revenue share in the intellectual property rights and royalty management market. Basic rights & royalty flows from use of a digital music track. y automating talent and content rights management across vid-eos, photos, ads, music, products and brands, and streamlining the processing of licensing royalties, FADEL’s. new kitchen renovation. ”. i. who co-cultured human MSCs and MNCs on previously mineralised and decellularised bone-like tissues in a spinner flask for up to 35 days on media supplemented with RANKL and M-CSF. kitchen remodel. ADS. Neighboring rights refer to the “neighboring” performance right on the sound recordings. EDV indicates end-diastolic volume. If you wanted to open up a McDonald’s restaurant, you’d pay the company 4% of gross sales in perpetuity for the. Royalties from recording rights. Central to media organisations meeting consumers' needs is IP rights and royalties, and companies must maximise their available #rights and deliver rapid #royalties to attract globally diverse. If you are looking for a specific contractor and you can’t find them on BuildZoom, it’s likely that they do not have a license - please contact us and we’ll try to help!last updated 30 March 2017. The chances are that the recording artist will make most of the money on streaming, whether it’s an up-and-coming local act or an. ( Hypebot) — Music royalties provide artists, songwriters, and other music rights holders with payment for their work. Discover Getty Images' unrivaled collection of royalty-free images to find the perfect stock photo, vector, or illustration that resonates with your customers. The royalty rate normally represents a portion of the service's revenue, while it is also possible for it to be calculated on a per-stream or per-download basis. S. Central to media organisations meeting consumers' needs is IP rights and royalties, and companies must maximise their available #rights and deliver rapid #royalties#rights and deliver rapid #royalties Central to media organisations meeting consumers' needs is IP rights and royalties, and companies must maximise their available #rights and deliver rapid #royalties to attract globally diverse. The law gives you certain protections—and you can protect yourself by using some savvy and common sense. Find Renovation Logo stock images in HD and millions of other royalty-free stock photos, illustrations and vectors in the Shutterstock collection. Royalty projects ltd. 11k Collections 3. Typically, it’s one of two things. The first lady earned six figures from an agreement with Getty Images that paid royalties to the Trumps and mandated photos be used in positive coverage. S. Neighboring rights refer to the right to publicly broadcast a sound recording outside of the United States. Music royalties are payments that companies and individuals make to musicians for their songs, performances and music videos. Furthermore, these rights can also arise through an economic performance. modern kitchen backsplash. (Royalty rate x list price) – printing costs = royalty. e. Contrary to what you might think, in the U. Funny Toilet stock photos are available in a variety of sizes and formats to fit your needs. First, the revenue collection and royalty payouts are asynchronous. The term Neighbouring Right was established as this master recording right is an adjacent right (or a neighbour) to the previously established Performance Right for songs and compositions (referred to, by the master rights holder, as the. FADEL, innovator of rights and royalty management software, has worked with some of the biggest names in media, entertainment, publishing, high-tech and advertising. Sheet Music Royalties. Robert Gaudio, a songwriter and founding member of Frankie Valli and the Four Seasons, sued for non-payment of mechanical royalties in 2017. You must credit the author in all programs, posters and other advertising of the play. Media organisations that build on core rights and royalties capabilities can evolve their value proposition and explore new revenue-generating models. 4. 10 = 50,000). Central to media organisations meeting consumers' needs is IP rights and royalties, and companies must maximise their available to attract globally diverse talent. Browse 5,194 authentic kitchen renovation stock photos, high-res images, and pictures, or explore additional kitchen or home renovation stock images to find the right photo at the right size and resolution for your project. The revenue from neighbouring rights royalties is generated by terrestrial (broadcast) internet (Pandora) and satellite (SirusXM) radio play, cable TV channels. “My New Home” by Martie Echito. Royalties are a type of ordinary income generated from copyrights, patents, and oil and gas properties. In short, neighboring royalties for. The licensor gives up the right to the. The top PROs in the market right now are ASCAP, BMI and SESAC . With respect to PROs, music users, from restaurants to radio broadcasters to streaming services, pay PROs a fee to obtain a. Royalty Accounting Designed for Usage-Based Subscription Models. Similar to the mechanical royalties, a written agreement must be developed for the payment of performance. Browse 24,765 authentic home remodeling stock photos, high-res images, and pictures, or explore additional kitchen remodel or home remodel couple stock images to find the right photo at the right size and resolution for your project. The Registered Agent on file for this company is Roberto Gaiotti and is located at 3990 Mapleton Downs Nw, Kennesaw, GA 30144. By David Oxenford on June 24, 2007. Music and lyrics can be printed and sold by composers. Thanks, in large part, to the advent of business models based on digital partnerships and fractured content—from single chapters, audiobook downloads. A single lump-sum payment is a guaranteed payday for you, but royalties are a gamble: If your lessee goes out of business or the oil on your property is less than expected, your royalties may be small. For example, if an advertising company uses a song in an advertisement, they pay the singer. contingent royalties, the fair value of software related deliverables and film license modifications. PPL reports that it collected $301. e. 2 billion, based on public reports, to fund the purchase of music rights and the. Roofing logo. These are often called mineral rights, rather than royalties, but they work the same way. 5 Billion in the year 2021. West End; New York City. Rate details and definitions for oil. PPL reports that it collected $301. ) places a claim on a video and tells YouTube to monetize it. “Distribution deals can sometimes stipulate that a company will pay an advance to the owner of the TV show or. Furthermore, these rights can also arise through an economic performance. GiantSteps Media Technology Strategies. and media, including blank CDs, personal audio devices, automobile systems, media centers, and satellite radio devices that have music recording capabilities. The rights and royalties blockchain solution on Microsoft Azure is a great example of how blockchain will transform the way we do business and how EY and Microsoft are collaborating to empower. , performance rights royalties are not collected on music played in films because the film industry successfully fought to be excluded. The Film Musicians Secondary Markets Fund has been working since 1972 to collect royalties for using a performer’s music in a film. As an artist/songwriter, have you ever wondered how other artists get paid their revenues when songs are uploaded on different social media platforms? To understand how royalties are obtained from…ROYALTY definition: The members of royal families are sometimes referred to as royalty . D. Beyond direct compensation, royalties fuel economic activity in less conspicuous ways. $55. Full set of Canadian House in Greater Montreal area with interior and exterior representing true Canadian life style in lovely homey environment. So, one of the main reasons you should register is to collect any and all of these royalties that are due to you. It’s hard to keep track of where every song is played, but that’s why we have PROs. ASCAP allows you to collect 100% of the royalty as the songwriter. Left ventricular (LV) remodeling after transmural anteroseptal myocardial infarction (MI): 2D echocardiographic evaluation at 1 week and 3 months. With tech. Royalties & Image Usage Rights. Neighboring rights are similar to performance rights in music publishing. Browse 703 kitchen remodel vertical photos and images available, or start a new search to explore more photos and images. One part of the royalties go to songwriters while the other part goes to the music publisher. You need ads on your videos to generate royalties. lets bidders purchase royalty interests in oil wells, gas wells, logging operations and more. Royalty rate. The rights in the sound recordings are assigned to the producer. On one hand, consumers expect a wide variety of content delivered cohesively, when and where they want it. Basic rights & royalty flows from use of a digital music track. The fight between rights holders and. . The recovery period differs based on the type of improvement. of 40. This includes internet radio, online streaming services, live performances, plays in a place of business, or TV broadcast. The music composer and lyricist are required to assign all their rights in the musical compositions and lyrics to the producer. If the well is a profitable one, however, royalties may bring in much more money than a sale. The societies then distribute licensing fees to the songwriters. 95 for a standard single. Filters. These payouts marked an impressive 7. Overall, for every $1 a streaming service pays in royalties, rights holders collectively earn about 73 cents, creators take a little over 25 cents and the PRO gets a little over 1 cent. Handyman logo. Neighboring Rights Whether you're an independent recording artist, producer, or a record label, we can collect your neighboring rights royalties for you. new kitchen renovation. 5% of production value for onshore operations. last updated 30 March 2017. These include streaming platforms, restaurants, TV, radio performances, and so on. Record labels pay these royalties to the songwriter. Translation royalty rates are generally 5 to 12 percent of list or cover price, with the norm being 10 percent. Royalties from Physical CDs. How to receive RoyaltiesA sync license allows someone else to use the music to pair with visual media. Browse Getty Images' premium collection of high-quality, authentic Remodeling stock photos, royalty-free images, and pictures. To understand the importance of music publishing, a complex but vital piece of your music career, you first have to understand what music royalties are and how they break down based on the two halves of a song. Social rights would also be needed in order to. This entails changes or improvements that are made to a home or to real property. It’s important to know that BMI splits its performance royalties 50/50 between the writer and the publisher. and media, including blank CDs, personal audio devices, automobile systems, media centers, and satellite radio devices that have music recording capabilities. Connecting those rights to the author’s compensation is essential for a rights and royalty platform. In the United States, the main PROs include ASCAP, BMI, SESAC, and Global Music Rights (GMR). Baringa on LinkedIn: Remodelling Rights and Royalties in Media | Baringa Baringa’s Post Central to media organisations meeting consumers' needs is IP rights and royalties,. The end of 2020 and beginning of 2021 saw two landmark decisions which would change the face of music industry in India, the first one being of IPAB’s decision on radio royalties in the first statutory licensing case (Music Broadcast Limited vs Tips Industries Limited & Ors) under Section 31D for fixation of royalties for radio broadcasting. 23 trillion by 2023. This is typically a 50/50 split in the U. Browse 31,392 authentic remodeling stock photos, high-res images, and pictures, or explore additional kitchen remodel or home remodel stock images to find the right photo at the right size and resolution for your project. While widely supported among many digital media companies providing on-demand subscription music services as well as by many in the music industry, the bill seemingly has not received the publicity that has been afforded to past music royalty. If the acronym still doesn’t ring any bells, you’ve come to the right place. If you use the TikTok music library, you should never be subject to DMCA requests or any legal action. 29(b)(4)(i) to receive royalty distributions from the mechanical licensing collective that would otherwise be paid to such owner under § 210. Print royalties. There are four main types of music royalties: mechanical, performance, print and synchronisation royalties. , Jul 14, 2023. Last year, 870 artist catalogs generated more than $1 million in payments, nearly twice as many as had done so in 2017, the company reported; Spotify paid out $100,000 or more for 7,800 acts. In the first six months of 2021 alone, entrepreneurs and private equity firms were able to raise at least $2. modern auditorium. (1) Osteoclasts secrete several coupling factors to promote osteodifferentiation. A live performance of a song can also mean a public airing of a recorded version of a song, like a radio play. BuildZoom combines license information on 3. It’s hard to keep track of where every song is played, but that’s why we have PROs. Download and use 70,000+ Home Renovation stock photos for free. , for example, focuses on music royalties. Idaho State Capitol stock photos are available in a variety of. Media & Entertainment, one of the segments analyzed in. On Schedule E you roll royalty income and losses in with losses and gains from any rental real estate you own. A single lump-sum payment is a guaranteed payday for you, but royalties are a gamble: If your lessee goes out of business or the oil on your property is less than expected, your royalties may be small. By evaluating dynamic. However, you need to acquire a mechanical license if you want to make your song available worldwide and on download platforms. Royalty payments may cover many different types of property. In the music industry, performing rights organizations are the ones that work to collect licensing fees for artists all around the world. 1950s Retro Kitchen stock photos are available in a variety of sizes and formats to fit your. A single lump-sum payment is a guaranteed payday for you, but royalties are a gamble: If your lessee goes out of business or the oil on your property is less than expected, your royalties may be small. To understand, royalties it is important to remember that every song has two copyrights associated with it. However, if you still can't cover their cost, you can benefit from one of the amazing free trials from this list! 2. Remodeling and the Law. • Fill out the copyright application online. Central to media organisations meeting consumers' needs is IP rights and royalties, and companies must maximise their available #rights and deliver rapid #royalties to attract globally diverse. Although BMI and ASCAP can't monitor every song played everywhere, they do track your song usage in the media for performance. Alternative strategies for investors to profit from music streaming royalties without buing catalogs outright Investment guidance for the rights owners in movies and. Instead of bringing the royalty to 4. Find & Download Free Graphic Resources for Renovation. 99 for even better HiFi and fan-centered royalties and direct-to-artist payments), the company has announced the. Basically, all recorded music contains two copyrights: 1. By Kristin Robinson Music. Sharon B. Royalties are fees that one party pays to another in exchange for the use of their intellectual property, land or rights. 0 below. The conventional wisdom is that Marvel can. Performance Rights Royalties. 3. Royalty agreement includes licence agreements to use assets or properties in return for a payment. As an example, if an artist were to receive a 15% royalty on albums, and the royalty base price was $10. Mechanical Rights Royalties are one of many revenue streams available to artists. Media & Entertainment, one of the segments analyzed in. The Office also commissioned a report on matching and royalty distribution practices of various collective management organizations (“CMOs”) around the world. Making home. g. 5 million contractors with 270 million building permits, and over 135,000 reviews from property owners. Enabling trusted registration of IP rights and royalties. Much like mechanical royalties, performance royalties are determined through split sheets and the conversations you have with co-writers. These types of royalties are often negotiated on a case-by-case basis and can vary depending on factors such as the length of the use, the type of media, and the popularity. Rights and clearance. ”. On the contrary, most players on the market have expanded their offer far beyond these basic aggregation services. 5% fee that goes into its pooled advertising fund, according to Restaurant Business Online. S. Before you can collect any royalties, you have to earn out that advance. We also have included information regarding registering your works. Reducing Incidence of Unclaimed, Accrued Royalties and Distribution of Royalties. Songwriting mechanical royalties are set by government through what’s called a compulsory license, which right now is set to about 9. Music streaming is now at the very center of the recording industry. SoundExchange is the sole organization that collects digital performance royalties for sound recordings in the United States. , but the writer/publisher ratio may vary in other regions. Performance royalties are then paid out in two halves: a writer’s share and a publisher’s share. So let’s look at what rights exist for the music you create. A live performance of a song can also mean a public airing of a recorded version of a song, like a radio play, television play, etc. S. Neighbouring rights is the term used to describe the performance right of a sound recording in public. Multinational companies should substantiate the need and potential benefits for any change in royalty rates. These. $29. Their members are artists, authors, musicians and other owners of copyright in works (such as music, lyrics, visual art and literature) or other copyright material (such as sound recordings, films, and television broadcasts). The country currently accounts for a 28. Browse 1,421 funny toilet photos and images available, or start a new search to explore more photos and images. Those organizations are not the same as. Last year, more than 1,000 organizations filed claims to collect television retransmission royalties. Billboard is a part of Penske Media Corporation. The work was done well. Home Remodeling Icons stock photos are available in a variety of sizes and formats to fit. Browse Getty Images' premium collection of high-quality, authentic Home Remodeling Icons stock photos, royalty-free images, and pictures. These payouts marked an impressive 7. Musicians Trade Waiver of Royalty Rights in Exchange for Exposure – Maybe Not Such a Bad Idea. 0. S. The A. 1. The Intellectual Property Rights & Royalty Management Market Research reports includes key players, major collaborations, merger & acquisitions along with trending innovation and business policies. Engineering working with drawings inspection on laptop in the office and Calculator, triangle ruler, safety glasses, compass, vernier caliper on Blueprint. Images 295. Ads can only be served on videos if a copyright owner (aka a label, publisher, etc. Sheet music royalties represent payments earned by composers and songwriters for the authorized use of their musical compositions in printed or digital sheet music. Page 1 of 200. If you received $10 or more in royalties during 2022, the payer should send you a Form 1099-MISC or similar statement by February 1, 2023, showing the amount you received. All neighboring rights royalties go to the record company behind the song, and the performing artist. Now, digital tools are beginning to spark some interest in other areas of the publishing organization—specifically, to better manage the wealth of information surrounding rights, royalties and. Ischemic cardiomyopathy is a leading cause of death and an unmet clinical need. They are legally recognized in foreign copyright laws. Neighboring rights are one of the most misunderstood revenue streams in the music industry. Sync royalties are royalties earned when music is used in synchronization with visual media, like in a film, TV show, or video games. Music distribution is the process of getting your songs available to stream or download on music stores and streaming platforms including Spotify, Apple Music, and Amazon Music, plus social media platforms like Instagram and TikTok. Additionally, Spotify reported that it paid out $7 billion in royalties to rights holders during the same year, further demonstrating the growing importance of the music royalty market. , the record label, publisher, and artist). Updated: April 24, 2023. Royalties from YouTube come from a portion of ad revenue. On May 19, 2022, the Province introduced a new oil and gas royalty system that puts the interests of British Columbians first and eliminates outdated and inefficient fossil-fuel. 8% of the total royalty, the Court could find no evidence supporting either position. Attention to industry best practices are critical when planning a transformation of royalty operations, including:The new rights and royalties management solution is designed to enable increased trust and transparency between industry players, significantly reduce operational inefficiencies in the rights and. royalty collective. Media & Entertainment, one of the segments analyzed in. • Go to copyright. Rival sub chains charge a 5% to 6. Central to media organisations meeting consumers' needs is IP rights and royalties, and companies must maximise their availableRemodelling Rights and Royalties in Media. , music streaming). Browse Getty Images' premium collection of high-quality, authentic Remodeled Kitchen stock. Royalties are generated in a variety of ways: Book and performance royalties. Content is king like never before, and content creators and ownership have never been in higher demand because of it. These rights are when the sound recording is played in a film, used in a commercial and played on TV. Portions licensed under Creative Commons Zero 1. Where performance royalties are paid to songwriters and publishers by the PROs, neighboring rights royalties are paid out to the artist and to the master owners — the owner of the sound recording — which is frequently the record label. Find high-quality stock photos that you won't find anywhere else. Thousands of new images every day Completely Free to Use High-quality videos and images from Pexels. This percentage is agreed upon when the contract is signed. Mechanical royalties paid to songwriters and artists when music is licensed (think CD or vinyl) but also when music is streamed (streaming mechanicals) “on-demand” (like Spotify). These royalties extend support to creators and their artistic contributions, ensuring that their work is fairly compensated across various contexts,. Physical CDs might be on their way out, but if you are signed to a major or independent record label, they will probably still be an ingredient in your royalty income for years to come. Please feel free to reach out with any questions or business inquiries you may have. It grew from an INR 74 Cr. Music royalties are payments to the rightful owners of a song, which can include songwriters, recording artists, and/or publishers. According to daily trading volume data from Dune Analytics, from August 26, the date X2Y2 said it would make royalties optional, to today, the volume on X2Y2 has fallen from 11,540 ETH to 547 ETH. Factors involved in the reversal stage of bone remodeling and their crosstalk with the hematopoietic compartment. In contrast, most CMOs outside the U. In 2023 there is no sign of this trend slowing as a growing number of artists sell the rights to their royalties and investors snap them up. Browse 6,201 authentic kitchen remodel stock photos, high-res images, and pictures, or explore additional kitchen or home remodel stock images to find the right photo at the right size and resolution for your project. Paid by third parties to a creator for the use of a product or patent. A user on the streaming service presses play, simultaneously triggering public performance, mechanical, and streaming royalties. In contrast to work copyrights, ancillary rights do not have to be linked to a natural person. Some of the more common types of royalties are book royalties, performance royalties, patent royalties, franchise royalties, and. Sandra says, “Our main aim is to make a contract work harder for. Phoebe Cummings, Deepfake Eden (detail), 2023. Sales-based royalties are capitalizable indirect costs under Sec. EYM King of Michigan, a Texas-based franchisee that operated 26 Burger Kings in Michigan, closed them in the spring after it failed to reach an agreement on restaurant operations and royalties. Essentially, royalty payments are payments received through license agreements or royalty agreements that compensate owners for the use of their intellectual property, creative works, or mineral rights for natural resources like oil and gas extracted from their land. These royalties come from cable royalty pools. Thousands of new images every day Completely Free to Use High-quality videos and images from PexelsThe Intellectual Property Rights and Royalty Management market in the U. Firstly, when a song is broadcast on a radio or TV station, the composition generates public performance royalties. (i. Royalty payments are often part of a contract that includes stipulations such as a minimum distribution fee. Houston-based Momentum Minerals, which acquires royalty and mineral rights in multiple oil- and gas-producing regions, agreed to sell 12,200 net royalty acres to Denver-based Sitio Royalties Corp. S. As of 2019, the tax rates are 10 percent, 12 percent, 22. You can read the previous stories here, here, here and here. D. Content, of course, sits in the center of it all - in all forms of media. In the first six months of 2021 alone, entrepreneurs and private equity firms were able to raise at least $2. In 2012, we published an article titled “Neighboring Rights: What They Are & Why They Matter”. 29(b)(4)(i)), identified by name and any known and appropriate unique identifiers,. Find music for your latest project or get your music represented for opportunities in TV, film, advertisements, trailers and other interactive media. royalty collective. Performance Rights Royalties. Neighboring Rights is a term that relates to the royalties earned from the public performance of a sound recording. Browse Getty Images' premium collection of high-quality, authentic Kitchen Remodel Vertical stock photos, royalty-free images, and pictures. Rival sub chains charge a 5% to 6. 2. He has represented broadcasters and. “I’m At Home With You” by CK Barlow. A company may pay you for the right to use your work over a specified period of time. Innovative businesses that rely on the use of vast amounts of digital. 2 billion, based on public reports, to fund the purchase of music rights and the. auctions rights to royalties. Mechanical Rights and Royalties: Overview. Each year, claims must be filed in July at the CRB for royalties related to the previous year's programming. Now,. Other auctions might be selling royalties and residuals only for a set period of time. 7. nyc to encode royalties into NFT smart contracts, coupled with the NFT boom of 2021, has fueled a new lobby for artists’ financial rights. 2 billion, based on public reports, to fund the purchase of music rights and the. Home Interiors. Neighboring rights refer to the right to publicly perform, or broadcast, a sound recording. All Royalty payments made pursuant to Section 8 shall be accompanied by a statement setting forth a full accounting of the calculation of Earned Royalties for such month, including all aggregate gross revenue payable for the Licensed Services and related products, and all exclusions included in the calculation of Royalties. Attempting to prevent disputes about rights in termination from affecting blanket license royalties, the MLC’s dispute policy treated blanket licenses as subject to the derivative works exception.