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Master Recording Contract
"I need a Master Recording Contract for signing a new Canadian indie rock band for their debut album, with an initial one-year term starting January 2025 and two one-year option periods, including specific provisions for digital-first release strategy and social media promotion requirements."
1. Parties: Identification of the record label and artist(s), including legal names and addresses
2. Background: Context of the agreement, artist's status, and general purpose of the contract
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Term: Duration of the agreement, including initial period and options for extension
5. Recording Commitment: Number of albums/singles to be recorded, delivery requirements, and recording schedules
6. Recording Procedure: Process for selecting and approving material, producers, studios, and recording budgets
7. Rights Granted: Transfer of rights in master recordings, including exploitation rights and territories
8. Compensation: Royalty rates, advances, recoupment terms, and other financial arrangements
9. Accounting and Payments: Requirements for royalty statements, payment schedules, and audit rights
10. Marketing and Promotion: Label's obligations regarding promotion, marketing efforts, and artist approval rights
11. Artist Obligations: Artist's commitments, exclusivity terms, and performance requirements
12. Warranties and Representations: Artist and label warranties regarding rights, abilities, and obligations
13. Termination: Grounds for termination, procedures, and consequences
14. General Provisions: Standard legal clauses including governing law, notices, and amendment procedures
1. Producer Arrangements: Used when specific producer relationships need to be addressed in detail
2. Touring Requirements: Include when the label has specific touring expectations or provides tour support
3. Merchandising Rights: Added when the label acquires merchandising rights or participation
4. Publishing Rights: Include when the deal includes publishing rights or co-publishing arrangements
5. Video Production: Used when specifying detailed terms for music video production and budgets
6. Digital Distribution: Include specific terms for digital platforms and social media when relevant
7. Sample Clearance: Include when the artist regularly uses samples or when specific samples need addressing
8. Group Provisions: Used when contracting with a band rather than a solo artist
9. Artist Development: Include for new artists requiring specific development support
1. Schedule A - Recording Specifications: Technical requirements for master recordings
2. Schedule B - Advance Schedule: Detailed breakdown of advances and payment timing
3. Schedule C - Recording Budget: Approved recording costs and budget allocation
4. Schedule D - Territory Definition: Detailed list of territories covered by the agreement
5. Schedule E - Royalty Calculations: Detailed methodology for calculating various royalty rates
6. Schedule F - Mechanical License Terms: Standard terms for mechanical licensing of recordings
7. Schedule G - Producer Agreement Template: Standard form of producer agreement to be used
8. Appendix 1 - Marketing Commitments: Specific marketing and promotion commitments from the label
9. Appendix 2 - Approved Recording Studios: List of pre-approved recording studios and facilities
Authors
Advance
Album
Artist
Artist's Name and Likeness
Budget
Canadian Content Requirements
Controlled Composition
Copyright
Delivery
Digital Distribution
Distribution Channel
Download
Exclusive Recording Artist
Extended Play Recording (EP)
Foreign Publishing Rights
Gross Revenues
Initial Period
Label
License
Long-Play Recording (LP)
Manufacturing Costs
Marketing Budget
Master Recording
Master Use License
Mechanical Rights
Merchandise
Minimum Release Commitment
Moral Rights
Music Video
Name and Likeness Rights
Net Profits
Net Receipts
Option Period
Performance Royalties
Performer's Rights
Physical Product
Producer
Producer Royalty
Production Costs
Promotion
Publishing Rights
Recoupable Costs
Recording Costs
Recording Schedule
Release
Retail Price
Royalty Rate
Sampling
Single
Sound Recording
Streaming
Synchronization Rights
Term
Territory
Third-Party Licenses
Tour Support
Video Rights
Wholesale Price
Term and Territory
Recording Commitment
Exclusivity
Delivery Requirements
Approval Rights
Royalties
Advances
Recoupment
Payment Terms
Accounting
Audit Rights
Recording Budget
Marketing Commitment
Distribution Rights
Digital Rights
Synchronization Rights
Merchandising Rights
Tour Support
Artist Warranties
Label Warranties
Moral Rights
Neighboring Rights
Confidentiality
Non-Competition
Indemnification
Insurance
Assignment
Force Majeure
Termination
Breach and Cure
Notices
Intellectual Property
Name and Likeness
Credit Requirements
Third Party Rights
Dispute Resolution
Governing Law
Amendment
Entire Agreement
Severability
Producer Rights
Sample Clearance
Release Commitment
Option Exercise
Promotional Use
Personal Appearances
Publishing Rights
Music & Entertainment
Media Production
Digital Distribution
Publishing
Retail & Merchandising
Live Entertainment
Digital Media
Broadcasting
Intellectual Property
Legal Services
Legal
Artists and Repertoire
Business Affairs
Finance
Royalties
Marketing
Digital Distribution
Copyright Administration
Production
Artist Development
A&R Director
Legal Counsel
Business Affairs Manager
Artist Manager
Music Producer
Contract Administrator
Royalty Manager
Chief Executive Officer
Marketing Director
Distribution Manager
Digital Rights Manager
Finance Director
Copyright Administrator
Publishing Manager
Recording Engineer
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