Collection Societies
Type: noun
Pronunciation: /kuh-lek-shun-suh-sye-uh-teez/
Also spelled or known as: Collecting Societies
Related: Royalties, Collecting Management Organization, CMO
What does Collection Societies mean? Organizations that collect and distribute royalties on behalf of rightsholders.
Collection Societies (aka Collecting Management Organizations or CMOs) license music usage, collect payments, track performances, and distribute royalties.
Examples include performance rights organizations and mechanical rights societies.
Collection Societies synonyms: Collecting Management Organizations, CMOs, Collecting Societies, Rights Organizations, Royalty Societies
Example sentence: “The songwriter joined collection societies to receive royalties.”
PRE-ORDER RECORDING BUSINESS DICTIONARY
