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Record Label Contract
"I need a Record Label Contract for signing a new indie rock band based in Auckland, with specific provisions for worldwide digital distribution rights and merchandise revenue sharing, to commence from March 2025."
1. Parties: Identification of the Record Label and the Artist/Band members
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Key terms used throughout the agreement including 'Recordings', 'Territory', 'Term', 'Net Profits', etc.
4. Term and Territory: Duration of the agreement and geographical scope of rights granted
5. Recording Commitment: Number of albums/singles to be recorded and delivery requirements
6. Recording Process: Details about studio selection, producer approval, recording budgets and timelines
7. Grant of Rights: Rights granted to the label including recording, distribution, and exploitation rights
8. Royalties and Payments: Payment terms, royalty rates, accounting periods, and audit rights
9. Marketing and Promotion: Label's obligations regarding promotion, marketing efforts, and artist approval rights
10. Artist Obligations: Artist's commitments, exclusivity terms, and performance requirements
11. Warranties and Representations: Artist and label warranties regarding rights, capacity, and non-infringement
12. Termination: Circumstances for contract termination and consequences
13. General Provisions: Standard clauses including notices, assignment, governing law, and dispute resolution
1. Music Publishing: Include when the label will also handle publishing rights
2. Merchandising Rights: Include when the label will have rights to produce and sell merchandise
3. Digital Distribution: Specific terms for digital platforms and social media when requiring detailed coverage
4. Live Performance: Include when the label has involvement in live performances or touring
5. Multiple Artist Provisions: Include for bands to address member changes and individual obligations
6. International Rights: Detailed provisions for international distribution and sub-licensing
7. Producer Agreement: Include when the label assigns or has approval rights over producers
8. Sample Clearance: Include when the artist regularly uses samples in their music
9. Artist Development: Include for new artists requiring specific development support
1. Schedule 1 - Recording Budget: Detailed breakdown of recording budgets and allowable expenses
2. Schedule 2 - Royalty Calculations: Detailed methodology for calculating different types of royalties
3. Schedule 3 - Delivery Requirements: Technical specifications for recordings and promotional materials
4. Schedule 4 - Approved Recording Studios: List of pre-approved recording studios and producers
5. Schedule 5 - Marketing Commitments: Specific marketing and promotion commitments by the label
6. Schedule 6 - Artist Images and Trademarks: Approved artist names, logos, and images for commercial use
7. Appendix A - Required Metadata: Required metadata format for digital distribution
8. Appendix B - Territory Restrictions: Specific restrictions or requirements for different territories
Authors
Artist
Recording Artist
Group Members
Professional Name
Label
Term
Initial Period
Option Period
Territory
Recordings
Master Recordings
Sound Recordings
Musical Works
Compositions
Album
Single
EP
Commercial Release
Digital Release
Delivery Requirements
Recording Costs
Recording Budget
Advance
Royalties
Net Profits
Gross Receipts
Distribution Income
Digital Income
Streaming Revenue
Download Revenue
Physical Product
Music Video
Promotional Material
Marketing Materials
Social Media Content
Mechanical Rights
Performance Rights
Synchronization Rights
Digital Rights
Neighboring Rights
Publishing Rights
Merchandise Rights
Live Performance Income
Producer
Recording Schedule
Release Schedule
Distribution Channels
Digital Platforms
Accounting Period
Quarter
Financial Year
Recoupable Costs
Net Sales
Returns
Manufacturing Costs
Distribution Costs
Marketing Costs
Controlled Composition
Original Material
Sample
Cover Recording
Minimum Commitment
Exclusive Services
Recording Services
Promotional Services
Major Record Company
Independent Record Company
Sub-Publisher
Sub-Licensee
Third Party Licensee
Force Majeure
Copyright
Intellectual Property Rights
Term and Duration
Recording Commitment
Delivery Requirements
Recording Process
Production Requirements
Artist Obligations
Label Obligations
Exclusivity
Intellectual Property Rights
Copyright Assignment
Licensing Rights
Digital Rights
Social Media Rights
Royalties
Advances
Payment Terms
Accounting and Audit
Marketing and Promotion
Distribution Rights
Territory Rights
Release Commitment
Artist Approval Rights
Warranties and Representations
Moral Rights
Confidentiality
Non-Competition
Assignment and Sub-Licensing
Termination
Default and Remedies
Force Majeure
Dispute Resolution
Governing Law
Entire Agreement
Variation
Severability
Notices
Good Faith
Indemnification
Insurance
Performance Obligations
Creative Control
Sample Clearance
Third Party Rights
Data Protection
Publishing Rights
Merchandising Rights
Live Performance Rights
Image Rights
Music Industry
Entertainment
Media
Digital Content
Publishing
Live Events
Merchandising
Digital Distribution
Creative Arts
Legal
Artist & Repertoire
Business Affairs
Rights Management
Marketing
Digital Distribution
Finance
Creative
Production
Artist Development
A&R Manager
Legal Counsel
Music Producer
Artist Manager
Business Affairs Director
Rights Manager
Marketing Director
Digital Distribution Manager
CEO
Contract Administrator
Publishing Manager
Finance Manager
Talent Scout
Creative Director
Project Manager
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