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RICORDI LICENSE— Continued
1. Ricordi grants and Licensee accepts for a period of one year, commencing
a license to publicly perform by broadcasting from radio station
located at the musical compositions which are now owned
or controlled or may hereafter during the term of this agreement be owned or controlled by said Ricordi.
2. This license shall not extend to or be deemed to include:
(a) Symphonic works, Operas, Operettas or dramatico-musical works (including plays with music, revues and ballets) in their entirety or separate acts, in any form whatsoever; but this license shall include the performances of excerpts or arrangement or instrumental selections from such works;
(b) Arias, Songs or other vocal excerpts from operas or dramatico-musical works when performed with full orchestra accompaniment.
3. The license herein granted and agreed to be granted hereunder is strictly limited to the performances by broadcasting from radio stations only and shall not confer on the licensee or his duly authorized appointees the right to reproduce or perform by television or any other means, method or process whatsoever, any of the musical compositions made available hereunder for broadcasting performances only.
4. The license herein granted shall authorize broadcasts only by the licensee herein named and shall not be deemed to authorize simultaneous broadcasts over stations not licensed by Ricordi.
5. Licensee agrees to pay Ricordi, at 12 West 45th Street, New York City, for the
license the sum of dollars ($ ) per month, payable
monthly in advance, until (one year subsequent to date given above) .
6. In the event of any breach or default by the licensee of any terms or conditions herein contained, Ricordi shall have the right to terminate this agreement and all rights granted thereunder.
IN WITNESS WHEREOF, this agreement has been duly subscribed and sealed by Ricordi and Licensee this day of 193
G. RICORDI & C.
by (L. S.)
Attorney-in-fact
by (L. S.)
Licensee
SOCIETY OF EUROPEAN STAGE AUTHORS AND COMPOSERS, INC. (SESAC)
The Society of European Stage Authors and Composers, Inc. (SESAC) , controls: 1) small (strictly musical) performing rights; 2) grand (musical-dramatic) performing rights; and 3) mechanical rights (for transcription and synchronization use) . Its catalogue includes symphonies and radio plays as well as popular music.
SESAC was founded in 1930, with 18 catalogues on its list. It currently holds 105 catalogues, embracing some 25,000 copyrighted musical compositions. Members in the society are not only European houses (as the name — something of a misnomer — would suggest) , but include a number of U. S.. firms.
Paul Heinecke is president of the corporation. Offices are located at 113 West 42d street, New York City (Bryant 9-3223).
Intake and Setup
Annual intake of the members from radio broadcasting, transcription, and other sources of revenue, is divided according to a more or less mathematical
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