Member Since: 10/11/2004
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Angie Miller signed by Universal
Quote:
Universal Music Publishing Group has signed Miller to an exclusive co-publishing deal, The Hollywood Reporter has confirmed, giving the company a stake in current and future compositions by the third-place finalist. UMPG will also handle administration of her work.
Under the terms of a co-publishing agreement, the writer typically transfers a portion of the copyright and retains the remaining percentage for his or her own publishing company, according to independent A&R service TAXI. In addition, the songwriter receives not just the standard 50 percent share of earnings, but also a portion of the other half that's normally allotted to the music publisher. There is also the possibility of an advance, although in the case of Idols, it's more likely folded into the finalists' 360 deals.
In essence, it means Angie Miller Music will likely have a whole lot of income to report on its 2013 corporate tax returns, particularly if power ballad "You Set Me Free," which was officially released as a single via 19 Recordings on May 17, becomes a hit.
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SOURCE: hollywoodreporter.com
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