A share split determines how the royalties will be paid to all interested parties registered on a work. The shares in a song recording are considered as a single unit and must be equal to 100%. That is the combination of shares for both performer and MRO must equal to 100% in total.

If there is an agreement between the parties, royalties will be allocated according to that agreement. This agreement must be affixed at the end of this form.

However in the absence of an agreement the default share split for Rights/Royalties is as follows:

50% Allocated to the Master Rights Owner(s)
50 % Allocated to the Performer(s)

A copy of this registration will be sent to all shareholders listed. There is a seven-day period within which any adjustments can be made before it is loaded into our database.