An Individual Song Agreement, also known as an ISA, is a contract between a songwriter and a music publisher or a record label. It is a legally binding agreement that outlines the terms and conditions of how a particular song or composition will be used, distributed, and monetized.
Essentially, an ISA is a way for a songwriter to give permission to a publisher or label to promote and exploit their work for commercial gain. In return, the songwriter receives compensation in the form of royalty payments.
The ISA covers several important aspects of a song’s usage, such as the right to record and release the song, the right to use the song in film, television, or advertising, and the right to perform the song live. It also outlines the percentage of royalties that the songwriter will receive for each use of the song.
An ISA is typically negotiated between the songwriter and the publisher or label. The terms of the agreement can vary depending on the bargaining power of the parties involved, the popularity of the song, and the potential market for the song.
For example, a popular hit song may have a higher percentage of royalties than a lesser-known track. Similarly, a song that is intended for use in a major motion picture may have a higher royalty rate than a song that is only used in a low-budget indie film.
An ISA is an essential part of the music industry, as it establishes the legal framework for how a song will be marketed, distributed, and monetized. It protects the interests of the songwriter while ensuring that the publisher or label can profit from the use of the song.
In conclusion, an Individual Song Agreement is a crucial aspect of the music industry that outlines the terms and conditions of how a particular song will be used and monetized. It is a legally binding agreement that protects the interests of the songwriter while ensuring that the publisher or label can profit from the song’s usage. If you’re a songwriter looking to monetize your work, it is essential to have a solid understanding of how an ISA works and to negotiate favorable terms that protect your interests.
