document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=792689>Question 792689</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Performance rights organizations track and pay royalties to song writers, publishers, and musicians for<BR>\n" );
document.write( "use of their works. Royalties are paid to an artist based on a complicated credit system using a formula<BR>\n" );
document.write( "with weights assigned for a variety of factors, including the following:<BR>\n" );
document.write( "• Use: weight based on the type of song or performance (theme, underscore, or promotional).<BR>\n" );
document.write( "• Licensee: weight based on the station’s licensing fee, which is determined by the size of the<BR>\n" );
document.write( "licensee’s markets and number of stations carrying its broadcast signal.<BR>\n" );
document.write( "• Time-of-Day: weight assigned according to whether the performances are broadcast during peak<BR>\n" );
document.write( "viewing or listening times.<BR>\n" );
document.write( "• Follow-the-Dollar: factor based on the medium from which the money came (radio play, live<BR>\n" );
document.write( "performance, TV performance, and so on).<BR>\n" );
document.write( "• General Licensing Allocation: based on fees collected from bars, hotels, and other nonbroadcast<BR>\n" );
document.write( "licensees.<BR>\n" );
document.write( "These amounts are multiplied together, and then a radio feature premium is added, if applicable, to<BR>\n" );
document.write( "arrive at a total number of credits for the particular artist, or his or her credit total for a particular<BR>\n" );
document.write( "reporting period. Royalties are usually split among the writer, the publisher, and possibly a performer if<BR>\n" );
document.write( "the writer does not perform his or her own work. The proportion that each party receives is called the share value. All of the money collected<BR>\n" );
document.write( "for the reporting period divided by the total number of credits for all performers is called the credit value. An artist who wants to figure out<BR>\n" );
document.write( "what money he or she will receive for a period has to multiply the three factors; credit total, share value, and credit value.\r<BR>\n" );
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document.write( "1. Ziam wants to know how much his royalty will be for a song he has written. How will it be calculated? Write the steps or the formulas<BR>\n" );
document.write( "that will be used to calculate his royalty payment.\r<BR>\n" );
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document.write( "Ziam has written a popular song entitled “Going There,” which has been recorded by a well-known performer. He recently received a<BR>\n" );
document.write( "royalty check for $7,000. If Ziam gets a 0.5 share of the royalties and the credit value is $3.50, what was the credit total that his song<BR>\n" );
document.write( "earned? Write out the problem in the form of an equation and solve it.\r<BR>\n" );
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document.write( "3. Ziam quickly published another song, “Take Me There,” that is played even more often than “Going There.” If his first song earns 4,000<BR>\n" );
document.write( "credits and his second song earns 6,000 credits, what will the royalty payment be from the two songs if the credit value remains at $3.50?\r<BR>\n" );
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document.write( "4. Ziam is considering an offer to perform his own songs on a CD to be titled “Waiting There.” In the past he has written, but not performed,<BR>\n" );
document.write( "his music. If Ziam’s royalty is 0.12 of the suggested retail price of $15.00, but 0.25 of the retail price is deducted for packaging before<BR>\n" );
document.write( "Ziam’s royalty is calculated, how much will he receive for sale of the CD? Write your answer in the form of an equation and solve it.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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