Lingo - Business

Stands for Artists and Repertoire. Record labels have A&R departments that select and deal with new artists, songs and records.

An industry term for film, television or any other visual production.

Unauthorized recording and selling of a song.

An agreement by which the buyer (user) agrees to pay the licensor a flat fee for the use of a song, with no increase based on sales of videocassettes/discs.

An agreement by which the buyer (user) agrees to pay the licensor a continuing fee (either in advance or based on sales as per agreement). Every time a specific sales point has been reached, the fee is “rolled over,” i.e. paid again.