When you are an artist, there is nothing quite like being in your zone and making music that speaks to your soul. As songwriters, God has given us a unique gift of being able to share His Word with melody. While it is clear that the creative aspect of making art is the focus of most artists, there is another side that they may not pay much attention to all the time – the business aspect. This podcast focuses on the business of split sheets and how they help determine ownership.
The business side of music can sometimes feel like it taints the entire process of songwriting and musicianship, but regardless of how you might feel about it, it is necessary. Especially if there is more than one person involved in the process of writing a song. In these cases, you have to put down the Kumbaya’s long enough to take care of business and that means talking about split sheets.
Split sheets are imperative when dealing with a songwriting partnership. The legal document, which is a written agreement between co-writers that clearly outlines the percentages each will receive in profits from a song, is a must have because it can help to ensure the on going harmony amongst artists who collaborate creativel
First, know and understand that if you work with other people on songs, it is in the best interest of everyone involved to do a split sheet right after the song or songs are completed. This way, royalties, income, etc. are openly understood.
The percentages of split sheets can be determined simply by doing a 50/50 split. If there are only two of you, this is probably the best thing to do, that is unless equal effort from both sides was not given.
In that case, you can divvy up the percentages based on contribution, which is more likely to be the case when there are more than two people involved in the process.
There are, of course, many ways to approach who gets what. It really just depends on your situation and on what works best for you.
When working in the music industry, split sheets are just good business and when money, emotions and relationships are involved, you have to do whatever it takes to make sure everything is covered.
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