Comprehensive Music Company

Comprehensive Music Company is a full-length sound recording program accessible to eligible record labels. The program may be accessed by all record labels rated 4 or record labels rated 2 and 3 that have received a program-specific eligibility assessment by FACTOR resulting in a CMC rating.

Components in this program

All Comprehensive Music Company applications must include the creation of, or licensing of, a new, previously unreleased qualifying album.

Who is Eligible

  • Record Label 4
  • Record Label (CMC)
  • Record labels rated 4
  • Record labels rated 2 and 3 that have received a program-specific eligibility assessment by FACTOR resulting in a CMC rating.

Deadlines

Rolling deadline.

Applications may be submitted at any time; however, please note that (a) only costs incurred after the date of application will be recognized; (b) recording must start within six months of application for the sound recording; and (c) applications for all component funding must be submitted within the later of six months after commercial release, or 24 months after the date of the Sound Recording application.

Funding & Payments

CMC funding is divided into two phases. Eligible record labels may receive up to a maximum of $100,000 per FACTOR fiscal year (April 1 – March 31).

In Phase 1, the maximum available funding is $82,500 per project.

In Phase 2, you may receive an additional $40,000 per project, provided that the funded sound recording has met the qualifying threshold for the genre.

See the full program guidelines for further details on maximum amounts, including information on how some of the funding is flexible, and some must be used for specific activities.

Assessment Process

FACTOR staff assess the eligibility of the projects and costs and make a recommendation to the Board of Directors for their approval. Assessment time is six to eight weeks from the date of application.