Split Sheets are documents used in the music industry to establish and formalize the ownership and splits of rights to a song or composition among its creators. It is an agreement between the songwriters or composers that outlines the percentage of ownership each person has in the song, as well as their respective shares of royalties and other income generated from the song. Split Sheets are important for ensuring that everyone involved in the creation of a song is properly credited and compensated for their contributions.
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This type of document is used for musicians and songwriters to document the ownership and distribution of royalties for a song. It establishes the percentage of ownership for each songwriter and helps ensure fair compensation for their work.