Video by Music Money Makeover Show via YouTube
Think you own your masters just because you wrote the lyrics and paid for the studio time? Most artists are unknowingly playing "street ball" under Common Law while the industry operates under "NBA rules" (Statutory Law), leaving your music unprotected and your personal assets at risk. In this video, we expose the "Own Your Masters" illusion, breaking down the critical transition from personal ownership to a protected LLC fortress through proper Federal registration and Copyright Assignment Agreements. Stop acting like a hobbyist and start acting like a CEO so you can protect your legacy, secure your funding, and ensure your checks never get frozen by the legal sharks.
00:00 – Let’s Talk
00:52 – #1: You’re on the wrong playing field! Common Law vs Statutory Law
01:10 – Common Law (The “Street Ball” Rules)
01:27 – Statutory Law (The “NBA League” Rules):
01:58 – Why the Industry Plays on the Statutory Field
03:02 – The Switch: How to Change Playing Fields
04:57 – #2: You’re Still Unprotected (Owning Copyrights Personally)
09:11 – #3: Assigning Copyright to Your LLC (Proper Ownership)
11:42 – The Challenge
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