A licensing deal in music refers to an agreement where the owner of musical compositions or recordings grants permission to another party to use the music for specific purposes. This can include licensing songs for use in films, TV shows, commercials, video games, or other media. Music licensing deals ensure that the proper rights are obtained, and royalties are paid to songwriters, composers, and performers for the authorized use of their music.
Changing Landscape
Due the changing a landscape of digital recording and music distribution, the United States Copyright Office commission a 2015 study into licenses for music. Since then, the agency has strived to evolve to keep up with the changing world of intellectual property in the digital world.
Websites such as filmtrack.com provide insights into standard royalties and licensing agreement terms, including newer calculations for streaming, video on demand, Blu-ray sales, international distribution, etc