Non Exclusive - For limited run releases, demos and promotional use. Licensed by multiple artists.
Exclusive - For commercial releases. Track will be removed from store as soon as it is licensed. If you register derivative work with a PRO, the Producer should be designated as recipient of 50% of public performance royalties. These royalties will be collected and distributed by the PROs, so you don’t have to do any accounting, reporting or additional payouts. You own the master of the derivative work.
Buyout - For commercial releases. Track will be removed from store as soon as it is licensed. No need to register the producer as co-writer with a PRO, so all potential public performance royalties can be yours. No other payouts are due to Producer. No accounting, reporting or additional payouts to the producer. You own the master of the derivative work.