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Record Label License
"I need a Record Label License agreement for digital-only distribution rights in the Netherlands and Germany, focusing on electronic dance music, with a term starting January 2025 and including specific provisions for streaming platforms and social media exploitation."
1. Parties: Identification of the Record Label and the Licensee, including full legal names and addresses
2. Background: Context of the agreement, brief description of the parties' business and intention to enter into a licensing arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Recordings', 'Territory', 'Revenue', 'Net Profits', etc.
4. Grant of Rights: Specific rights being licensed, including reproduction, distribution, and exploitation rights
5. Term and Territory: Duration of the license agreement and geographical areas where rights can be exercised
6. Financial Terms: Payment terms, royalty rates, accounting periods, and payment methods
7. Delivery and Release Commitments: Requirements for delivery of recordings and minimum release obligations
8. Marketing and Promotion: Obligations regarding marketing, promotion, and advertising of the recordings
9. Reporting and Auditing: Requirements for financial reporting, sales reports, and audit rights
10. Intellectual Property: Protection and handling of intellectual property rights, including copyright notices
11. Warranties and Indemnities: Representations and warranties from both parties, including indemnification obligations
12. Termination: Circumstances under which the agreement can be terminated and the consequences of termination
13. General Provisions: Standard legal clauses including notices, assignment, force majeure, and governing law
1. Digital Platform Distribution: Specific terms for digital distribution platforms, used when digital exploitation is a significant part of the agreement
2. Synchronization Rights: Terms for using recordings in films, TV shows, or advertisements, included when sync rights are part of the license
3. International Sub-licensing: Terms for sub-licensing rights in other territories, included for international deals
4. Artist Approval Rights: Provisions for artist approval on certain uses, included when required by artist agreements
5. Minimum Marketing Commitment: Specific marketing budget and activity commitments, included for major releases
6. Physical Product Requirements: Specifications for physical formats, included when physical distribution is significant
7. Creative Control: Provisions regarding artwork, videos, and promotional materials approval
8. NFT and Virtual Reality Rights: Terms for exploitation in new media formats, included for forward-looking agreements
1. Schedule 1 - Licensed Recordings: Complete list of recordings covered by the license agreement
2. Schedule 2 - Royalty Rates: Detailed breakdown of royalty rates for different formats and territories
3. Schedule 3 - Approved Digital Platforms: List of approved digital service providers and platforms
4. Schedule 4 - Marketing Plan: Detailed marketing and promotion plan with timelines
5. Schedule 5 - Technical Specifications: Technical requirements for audio files and metadata
6. Schedule 6 - Reporting Templates: Templates for sales reports and financial statements
7. Appendix A - Third Party Agreements: List of relevant third-party agreements affecting the license
8. Appendix B - Territory Restrictions: Specific restrictions or requirements for different territories
Authors
Advance
Approved Digital Platform
Authorized Distributor
BUMA/STEMRA
Collection Society
Commencement Date
Confidential Information
Contract Period
Cover Version
Digital Distribution
Digital Download
Digital Rights
Distribution Channel
Effective Date
Exploitation
Force Majeure
Gross Receipts
Initial Period
Intellectual Property Rights
Licensed Material
Licensed Rights
Licensed Recordings
Marketing Materials
Master Recording
Mechanical Rights
Minimum Commitment
Net Receipts
Option Period
Performance Rights
Physical Product
Publishing Rights
Quarter
Recordings
Reporting Period
Retail Price
Revenue Share
Royalty Rate
SENA
Streaming
Sub-License
Synchronization Rights
Territory
Term
Third Party Platform
Trade Price
Usage Data
User Generated Content
VAT
Virtual Reality Rights
Term and Territory
Financial Terms
Royalty Payments
Accounting and Auditing
Minimum Commitments
Delivery Requirements
Distribution Rights
Marketing and Promotion
Intellectual Property
Representations and Warranties
Indemnification
Confidentiality
Non-Competition
Quality Control
Reporting Obligations
Sub-Licensing
Digital Rights
Physical Distribution
Termination
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Data Protection
Anti-Corruption
Competition Law Compliance
Entertainment
Music
Digital Media
Technology
Media Distribution
Publishing
Retail (Physical Products)
E-commerce
Legal
Business Affairs
Licensing
Digital Distribution
Physical Distribution
Rights Administration
Finance
Business Development
Marketing
International
Commercial
Artist Relations
Digital Operations
Legal Counsel
Head of Business Affairs
Licensing Manager
Business Development Manager
Distribution Manager
Digital Rights Manager
A&R Manager
Commercial Director
CEO
CFO
Rights Administration Manager
Catalog Manager
Music Publishing Manager
International Marketing Manager
Digital Strategy Director
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