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Music Royalty Agreement
"I need a Music Royalty Agreement for my record label to license digital distribution rights to a streaming platform, with quarterly payments and specific provisions for Canadian territory rights, to commence from January 2025."
1. Parties: Identification of the rights holder(s) and licensee(s), including full legal names and addresses
2. Background: Context of the agreement, identification of the musical works, and general purpose of the arrangement
3. Definitions: Detailed definitions of key terms including 'Musical Works', 'Royalties', 'Net Revenue', 'Territory', and other relevant terms
4. Grant of Rights: Specific rights being granted, including type of use, territory, and duration
5. Royalty Rates and Payments: Detailed breakdown of royalty rates, calculation methods, payment frequency, and reporting requirements
6. Accounting and Audit Rights: Requirements for financial record-keeping, reporting formats, and rights to audit
7. Warranties and Representations: Assertions about ownership of rights, authority to enter agreement, and quality of works
8. Term and Termination: Duration of agreement, renewal terms, and circumstances for early termination
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. General Provisions: Standard clauses including notices, assignment, governing law, and dispute resolution
1. Sub-licensing Rights: Include when licensee is permitted to sub-license the musical works to third parties
2. International Rights: Include for agreements covering multiple territories or international exploitation
3. Digital Platform Specific Terms: Include when music will be distributed through specific digital platforms
4. Synchronization Rights: Include when music may be used in film, TV, or other audio-visual works
5. Moral Rights: Include specific provisions for handling moral rights in jurisdictions where relevant
6. Marketing and Promotion: Include when specific promotional obligations or restrictions apply
7. Collection Society Arrangements: Include when dealing with works registered with collection societies
1. Schedule A - Musical Works: Detailed list of all musical works covered by the agreement, including composer credits and ownership shares
2. Schedule B - Royalty Rates: Detailed breakdown of royalty rates for different types of usage and territories
3. Schedule C - Reporting Format: Template and requirements for royalty reporting and statements
4. Schedule D - Approved Sub-licensees: List of pre-approved sub-licensees if applicable
5. Schedule E - Territory Restrictions: Specific restrictions or requirements for different territories
6. Appendix 1 - Collection Society Registrations: Details of collection society registrations and arrangements
7. Appendix 2 - Copyright Registrations: List of copyright registrations for covered works
Authors
Musical Works
Sound Recordings
Master Rights
Publishing Rights
Territory
Term
Effective Date
Gross Revenue
Net Revenue
Royalty Rate
Accounting Period
Payment Date
Digital Service Provider
Streaming
Downloads
Physical Format
Synchronization Rights
Performance Rights
Mechanical Rights
Collection Society
SOCAN
Re:Sound
Neighboring Rights
Commercial Release
Distribution Channels
Licensed Rights
Derivative Works
Sub-Publishing Rights
Administration Rights
Copyright Interest
Moral Rights
Public Performance
Broadcasting
Music Publishing
Writer's Share
Publisher's Share
Quarter
Year
Advance
Recoupment
Statements
Audit Rights
Confidential Information
Force Majeure
Material Breach
Canadian Content
Digital Exploitation
Mechanical License
Royalty Payments
Payment Terms
Accounting
Audit Rights
Warranties and Representations
Term and Duration
Termination
Confidentiality
Intellectual Property
Assignment
Sub-licensing
Territory Rights
Collection Society
Digital Rights
Performance Rights
Mechanical Rights
Synchronization Rights
Record Keeping
Reporting Requirements
Force Majeure
Dispute Resolution
Governing Law
Notices
Amendment
Entire Agreement
Severability
Indemnification
Non-Circumvention
Moral Rights
Credit and Attribution
Marketing and Promotion
Third Party Rights
Data Protection
Anti-Corruption
Survival
Music Industry
Entertainment
Media & Broadcasting
Digital Media
Publishing
Live Events & Performance
Film & Television
Gaming Industry
Advertising
Digital Technology
Legal
Licensing
Rights Management
Finance
Royalty Administration
Business Affairs
Copyright Administration
Digital Operations
Revenue Accounting
Artist Relations
Music Rights Manager
Copyright Administrator
Licensing Manager
Royalty Administrator
Business Affairs Director
Music Publisher
Legal Counsel
Contracts Manager
A&R Manager
Finance Director
Music Supervisor
Digital Rights Manager
Revenue Manager
Publishing Administrator
Business Development Manager
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