Collection Societies
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 […]
Collection Society
Collection Society Type: noun Pronunciation: /kuh-lek-shun-suh-sy-uh-tee/ Also spelled or known as: Collecting Society Plural: Collection Societies Related: Collective Management Organization, Performing Rights Organization, Royalties What does Collection Society mean? An organization that licenses copyrighted works, collects royalties, and distributes payments to creators, performers, publishers, record labels, or other rights holders. Collection societies may administer public […]