What are rental rights?
In the music industry, rental rights are the rights to rent physical products incorporating An original musical composition with or without lyrics. and Typically, the recorded performance of a musical work protected as a phonogram under copyright law. such as CDs, music videos, or vinyl records. Rental rights, derived from the right of In the context of music, allowing someone to use a physical carrier of a sound recording for a defined period with the obligation to then return it to its owner., are The rights to control or receive payment for the commercial exploitation of works, performances, sound recordings, and broadcasts. protected by National laws that protect creators' and other rights holders' moral and economic rights in musical works, performances, and sound recordings..
Nowadays, streaming is the prevalent mode of distributing sound recordings, and rental rights have a lesser importance in the music industry.
Explore our page on Rights in Musical Works and Rights in Performances and Sound Recordings for more.
Who owns rental rights?
Rental rights can be owned by and Also sometimes referred to as shares, the portion of ownership a rights holder has or the portion of income they are entitled to. between the A person who makes an original contribution to the creation of a musical composition or lyrics. and possibly A company that represents songwriters, supporting their career development, monetizing musical works, and protecting copyrights. of the musical works and the In the context of music, a creator playing a musical work live or on a sound recording. and owners of the sound recording.
Rental rights in most countries where they exist are Under copyright law, the right to have payment for the use of a musical work, sound recording, or performance under a statutory license. managed by An organization that acts collectively on behalf of the rights holders it represents and collects and pays remuneration to rights holders..
Visit our page on CMOs to learn more.
Image credit: Ann Kilpatrick