Leading music and film organizations today sent a new letter to leaders of Congress that highlights the ways implementation of the CARES Act has fallen short in assisting workers in need in the entertainment community and requests that these flaws in implementation be remedied in a new CARES Act COVID relief package.
[This post first appeared on MusicTech.Solutions] The Local Culture Card would be a limited purpose debit card that permits the cardholder to purchase goods or services from a designated group of “local arts vendors” who would be artists, retailers or nonprofit arts organizations operating in the locality of the user. It would be like a […]
You may not have noticed, but many music services have a clause in their direct licenses that allows them to delay royalty payments if your accrued royalties are less than a certain amount, often $50. This is on top of paying quarterly in many cases (as opposed to the monthly payments required by the statutory […]
[This post first appeared on MusicTech.Solutions] After the cancellation of SXSW, we need to think about those “force majeure” clauses that everyone skips over in contractual boilerplate. “Force majeure” or the less secular “Act of God” clause is a species of the “impossibility of performance” defense to a breach of contract claim that excuses the […]