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Serial Copy Management System
A system that permits the copying of digital music by requiring users to designate how many copies they will be making.
Sound Recording Copyright Owner
The person/company that owns the actual recording of the song. For a signed band that would usually mean the record label. For independent artists, they are the SRCO. Remember, this is the recording, not the actual notes and lyrics of the music.
Royalties paid for using or adapting the musical score in the movies, television advertisements, etc