by Isa Lorenzo
HOW MUCH is a song worth? It may be impossible to quantify the pleasure that hearing a song produces. But composers agree that they should be compensated every time a song they wrote is used.
Under the Intellectual Property (IP) code, copyright of a musical work is acquired and exists from the moment of its creation. The creator owns the composition, and is vested with the copyright, a bundle of exclusive economic rights that covers the reproduction, adaptation, distribution, rental, display, performance, and other communication of the work to the public.