new
kind of contract evolved, consisting of three basic elements: (1) The
songwriter would assign all copyright ownership of the songwriter’s songs
to the publisher; (2) The publisher would then commercially exploit the
songs (e.g., by the sale of sheet music); and (3) The publisher would pay
royalties to the songwriter.
one particular kind of deal that will be the most appropriate type of
agreement for a particular situation. By the same token, that same
contract will likely be totally inappropriate for many other types of
situations.