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Label Licence
"I need a Label Licence agreement for a new indie rock band signing with my record label, covering digital and streaming rights in the UK and Europe, with an initial term of 3 years starting January 2025 and two one-year extension options."
1. Parties: Identification of the record label and artist/band
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Grant of Rights: Scope of rights being licensed to the label
5. Term: Duration of the agreement including any option periods
6. Recording Obligations: Artist's obligations regarding recordings
7. Royalties: Payment terms and royalty calculations
8. Accounting: Requirements for financial reporting and payments
1. Marketing and Promotion: Details of promotional activities and responsibilities when specific marketing commitments are agreed
2. Touring Obligations: Requirements for live performances when live performance is part of the deal
3. Territory Restrictions: Geographical limitations on rights when rights are territory-specific
4. Merchandising Rights: Terms for merchandise production and sales when merchandising is included in the deal
1. Recording Schedule: Detailed timeline for delivery of recordings
2. Royalty Calculations: Detailed breakdown of royalty rates and calculations
3. Minimum Recording Requirements: Technical specifications for recordings
4. Approved Recording Budget: Agreed budget for recording process
5. Territory List: List of territories covered by the agreement
Authors
Artist
Recordings
Master Recordings
Territory
Term
Licence Period
Royalties
Net Receipts
Gross Receipts
Digital Distribution
Physical Distribution
Streaming
Download
Commercial Release
Marketing Commitment
Delivery Requirements
Recording Costs
Advances
Recoupment
Release Commitment
Marketing Materials
Promotional Use
Synchronisation Rights
Mechanical Rights
Performing Rights
Publishing Rights
Sound Recording Copyright
Album
Single
EP
Music Video
Neighbouring Rights
Distribution Channels
Digital Service Provider
Accounting Period
Statement of Account
Exclusive Rights
Third Party Licence
Permitted Use
Intellectual Property Rights
Release Schedule
Option Period
Recording Schedule
Technical Specifications
Minimum Commitment
Label Branding
Artist Branding
Term and Territory
Recording Obligations
Delivery Requirements
Release Commitment
Royalties
Accounting and Payment
Warranties and Representations
Marketing and Promotion
Distribution Rights
Intellectual Property
Confidentiality
Exclusivity
Option Rights
Termination
Force Majeure
Assignment and Sub-licensing
Notices
Third Party Rights
Entire Agreement
Variation
Waiver
Severability
Dispute Resolution
Governing Law and Jurisdiction
Artist Commitments
Approvals
Credit and Attribution
Moral Rights
Indemnification
Insurance
Audit Rights
Recording Costs
Synchronisation Rights
Digital Exploitation
Merchandising Rights
Performance Obligations
Non-Circumvention
Data Protection
Alternative Dispute Resolution
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