How does OMIF define “core business revenue” for the Music Creation stream?
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Appendix 1 of the Music Creation Guidelines outlines the eligible applicant types. Core business revenue for record labels refers to revenue from physical products (CD/DVD/vinyl/merchandise); revenue from digital sales and streaming services; revenue from licensing and sale of rights and permissions (domestic and international); and revenue from commissions and fees from related activities. Core business revenue for music publishers refers to revenue from licensing and sale of rights and permissions; and revenue from commissions and fees from related activities.