Net Publisher’s Share definition
Net Publisher’s Share means the license fees, royalties and other revenue received by a Person from the exploitation of its Music Library less all license fees, payments, royalties and other amounts (other than advances) paid out to artists, copyright owners, sub publishers and holders of other underlying rights in such Music Library, determined on a net accrual basis and provided that, for the avoidance of doubt, Net Publisher’s Share shall not include fees received for the management of artists or other Persons.
Net Publisher’s Share or "NPS" means all gross fees, payments and royalty revenues actually received by Sellers as to Compositions in the United States (from sources throughout the world) derived as a result of the exploitation of any of the Compositions (collectively, "Gross Revenues"), less any amounts of any nature relating to such Gross Revenues which are actually paid or are payable by Sellers or the Subsidiaries (or which are credited by Sellers against advances previously paid by Sellers or the Subsidiaries or its predecessors-in-interest) to any Writer, joint owners of the Compositions or any rights therein, holders of Outside Interests and any other Persons, including, without limitation, co-publishers and administrators of the Compositions (unless such third-party administrators deduct their fees and charges prior to payment to Sellers or the Subsidiaries or affording credit to Sellers or the Subsidiaries, in which
Examples of Net Publisher’s Share in a sentence
Schedule 1.1(b) lists Music Product that account for at least 80% of the sum of (a) Consolidated Net Publisher’s Share and (b) Consolidated Net Label Share, in each case, for the twelve months ended as of March 31, 2021.
The total Net Publisher’s Share of Income that the Acquired Companies were entitled to retain with respect to the Acquired Company Compositions pursuant to the Music Publishing Contracts during the fiscal year ended December 31, 2005 was *****, during the fiscal year ended December 31, 2006 was *****, and for the nine months ended as of the Balance Sheet Date was *****.