As Tracklib is an integral part of the sample clearance and licensing process, it takes a small income participation in the revenues distributed from the new composition by collective management organisations (CMOs) such as ASCAP/BMI/PRS. In order for the administration to work in practice, CMOs require Tracklib’s income participation to be registered with CMOs as a co-publisher connected to one of the new songwriters. Tracklib’s share of revenues will however never come out of, or reduce, the writer share of the new composition or the writer share of the original composition.
The registration with CMOs of new compositions using samples from Tracklib will include details of the original writer(s) and publisher(s), new writer(s) and publisher(s) and Tracklib.
The co-publishing connection between one of the new songwriters and Tracklib is for administrative purposes only. Tracklib does not claim any ownership in the new composition nor does it have any input in any required approvals. The sole reason for this connection is for administration purposes only, and in accordance with the sample license agreement.