You are invited to NARIP’s
Neighboring Rights:
How To Collect This Fast-Growing Source of Revenue
With Bruce Lampcov, Dan Millington and Joseph Rust
on Tuesday, November 18, 2014
This little-known stream of royalty payments can be significant,
especially as U.S. music companies and their artists come to better
understand the value in neighboring rights to their bottom line. Neighboring rights revenue has increased over 50% in the last five years to over $1.5 billion. Until recently, neighboring rights royalties were deemed insignificant, but today they can make up as much as 15% of top line revenue. Plus, there are no direct costs associated with this revenue.
Our experts will explain where and how they exist and outline how to collect and verify them.
You will learn:
- Who qualifies to collect?
- The importance of nationality, country of recording, publication or release
- Main territories for neighboring rights income
- Main sources of neighboring rights income
- How monies are collected and distributed
- Income to labels and performers: who gets what
- Can neighboring rights be assigned, licensed or transferred?
- Issues for U.S. artists and how to collect
WITH SPECIAL GUEST SPEAKERS
Bruce Lampcov, North American Representative, Fintage Music
Dan Millington, PPL Performer Account Manager
Joseph Rust, CPA, CFP, Partner, PragerMetis CPAs
ABOUT OUR GUEST SPEAKERS
Bruce Lampcov
North American Representative
Fintage Music
Bruce Lampcov has been working in the music industry for 30 years. Much of that time was spent as a successful record producer and engineer having worked with numerous platinum selling artists including Bruce Springsteen, Bob Dylan, Bryan Adams and The Eurythmics. Bruce is regarded as one of the industry’s most respected business leaders and deal-makers having signed many superstar artists to date. Prior to joining Fintage Music as the US representative he was Managing Director of Kobalt Music for its first four years. Previous to this, Bruce spent three years as Vice President of International Affairs and Business Development with Artist Direct. Bruce is also a part-time beekeeper.
Dan Millington
PPL Performer Account Manager
Dan Millington is a PPL Performer Account Manager whose responsibility is to work with new and up and coming artists as well as those who are more established. Dan has been at PPL for over 5 years and works with both artists and their representatives to ensure that their PPL earnings are maximised following the use of their sound recordings both in the UK and internationally.
Joseph Rust, CPA, CFP
Partner, PragerMetis CPAs
Joseph Rust is a Partner in the Advisory Services Department of Prager Metis CPAs, LLC, a member of Prager Metis International Group. He also serves as Partner-in- Charge of the Los Angeles office. He has been practicing since 1984. Mr. Rust has an expertise is several areas of the entertainment field working on behalf of recording artists, songwriters,
music publishers, entertainers, as well as executives. His specialties
include royalty and profit participation examinations, copyright and
intellectual property valuations, financial due diligence, licensing
examinations and business management. Mr. Rust takes great pride in
providing high value service to his clients including acting in a
strategic planning role for his business management clients and as an
advocate for his royalty and profit participation clients. Over several
decades of experience coupled with the use of technology, Mr. Rust and
his team have created a unique process of recovering royalties and
providing services to clients which most often benefits the client
enormously. His professional affiliations include: American Institute of
Certified Public Accountants, California Society of Certified Public
Accountants, New Jersey Society of Certified Public Accountants, ABA
Section of Intellectual Property Law, ABA Forum on the Entertainment and
Sports Industries, California Copyright Conference and Copyright
Society of the USA. He is a graduate of Rutgers University and holds a
Bachelor of Arts degree in Economics.
WHEN
Tuesday, November 18, 2014
6:30 p.m. – Registration and networking
7:00 p.m. – Program begins
8:15 p.m. – Break
9:30 p.m. – Program ends
WHERE
SAE Institute of Technology
6565 W. Sunset Boulevard
Los Angeles, CA 90028-7205
DIRECTIONS & MAP
Major cross streets: Sunset and Cahuenga. Click here for map. Enter main lobby of building Venue Theater is on first floor.
PARKING
$10 flat rate after 6:00 p.m. in the 6565 building lot.
$6 parking in church lot at Sunset & Cassil (enter from Selma, behind church) – lot closes between 9 & 11pm be sure to ask attendant.
Metered street parking but be sure to read signs carefully
NOT IN LA? ATTEND VIA GOOGLE HANGOUT
If you can’t be here in person, join us via Google Hangout. If you have questions about this, please call or email Mary Bee at 818-769-7007 or mary@narip.com.
WHO SHOULD ATTEND
Music Publishing & Record Executives
Producers, Artists, Artist Managers and Artist Reps
Music Attorneys, Songwriters & Composers
Brand Marketing & Creative Executives
Accountants, Business Managers & CPAs
Anyone seeking better understanding of royalty income sources and how to collect.
QUESTIONS FOR OUR GUEST EXPERTS?
Submit YOUR questions to be addressed during our program, via Twitter and follow us now: @NARIP. Submit questions in advance and / or during the session. Official event hash-tag is #NARIPNeighbor
FOLLOW US, LIKE US, LOVE US!
TWEET ABOUT OUR SPEAKERS & EVENT
- @NARIP
- @TessTaylor
- Official Event Hashtag: #NARIPNeighbor
COST
- FREE for NARIP Members who attend online: Members MUST RSVP HERE
- $25 for NARIP Members who attend in person
- $40 for Non-Members who attend in person or watch online *
- $75 for lawyers who wish to receive 2.5 MCLE credits (includes admission). Call 818-769-7007 with your credit card or email mary@narip.com for this MCLE option.
* Non-members: please indicate in COMMENTS section of online registration form below if you wish to watch live online or attend in person.
BONUS
Because you are registering for this program, we offer you the audio AND PowerPoint presentation in digital form from this session for only $25 (regularly $49.95).. Just select “Premium Ticket” option below when registering, and you will receive the audio and specified related documents after the program.
Current NARIP members who wish to watch our live stream online and pre-order audio and related documents of this program at discounted rate, simply buy a member-priced ‘in person’ ticket at the $25 NARIP member rate and indicate in the COMMENTS section that you are paying for an program pre-order.
NOT A NARIP MEMBER?
Not a NARIP member yet? Then what are you waiting for? Join NOW for as low as $9.95 per month.
2 WAYS TO REGISTER
1. Online: NARIP.com (just scroll down)
2. Phone: 818-769-7007
Advance RSVP encouraged.
Pre-paid admission guarantees seating.
No refunds.
We appreciate your cooperation.
THANK YOU
Special thanks to Jessica Ramos and Bridget Gardiner at SAE Institute of Technology for their help organizing this event.
REGISTRATION OR OTHER QUESTIONS
Call us at 818-769-7007 or email mary AT narip DOT com.
SOURCES FOR MORE INFO
Get connected. Stay connected.
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The National Association of Record Industry Professionals is
the biggest music business network in the world, now in nine major cities.
We promote career advancement, education and good will among record executives.
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