What Does Licensing Collective Mean?
A licensing collective is an organization that represents a group of copyright owners, defined as publishers and creators of copyrighted materials, by negotiating licensing terms and securing licensing fees, or royalties, for payment to copyright owners.
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Techopedia Explains Licensing Collective
Licensing collectives are advantageous for the following reasons:
- Agency staff may negotiate copyright usage for members.
- Online requests may be granted instantaneously.
- The application process is efficient and affordable.
Brand development organizations also provide licensing on a collective basis to empower authors and secure immediate payment for creative innovation.
The American Society of Composers, Artists and Publishers (ASCAP) is an example of a U.S. licensing collective. The Society of Composers, Authors and Music Publishers of Canada (SOCAN) pays royalties to copyright holders who have obtained blanket licenses for public performances.
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