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Recording License Agreement
"I need a Recording License Agreement for my indie record label to license our catalog of 50 electronic music tracks to a streaming platform in Asia, with exclusive rights for 3 years starting January 2025 and specific provisions for revenue sharing from subscription-based streaming."
1. Parties: Identifies the licensor (rights holder) and licensee, including full legal names and addresses
2. Background: States the ownership of the recordings and intention to license them
3. Definitions: Defines key terms including 'Recordings', 'Territory', 'Term', 'Net Receipts', etc.
4. Grant of Rights: Specifies the exact rights being licensed and any restrictions
5. Term and Territory: Duration of the agreement and geographical scope
6. Financial Terms: Payment terms, royalty rates, accounting periods, and audit rights
7. Delivery Requirements: Format and specifications for delivery of recordings
8. Warranties and Representations: Standard warranties about ownership and right to license
9. Termination: Conditions for termination and consequences
1. Marketing and Promotion: Details of marketing obligations and specific promotional activities required
2. Sub-licensing Rights: Terms for sub-licensing to third parties when licensee may need to sub-license
3. Digital Rights Management: Requirements for DRM protection in digital distribution
4. Synchronization Rights: Rights to use recordings in audio-visual works when sync rights are included
1. Schedule A - Licensed Recordings: List of all recordings covered by the agreement
2. Schedule B - Technical Specifications: Technical requirements for master recordings
3. Schedule C - Royalty Rates: Detailed breakdown of royalty rates for different uses
4. Schedule D - Territories: Detailed list of included territories if complex
5. Schedule E - Approved Distribution Platforms: List of authorized distribution platforms
Authors
Licensed Rights
Territory
Term
Net Receipts
Gross Receipts
Accounting Period
Commercial Release
Delivery Materials
Digital Distribution
Digital Service Provider
Distribution Channels
Effective Date
Intellectual Property Rights
Master Recording
Mechanical Rights
Minimum Guarantee
Performance Rights
Physical Product
Promotional Use
Release Date
Royalty Rate
Synchronization Rights
Technical Specifications
Third Party Platforms
Working Day
Marketing Materials
Confidential Information
Permitted Use
Sound Recording Copyright
Sub-License
Distribution Rights
Public Performance
Streaming
Download
Unauthorized Use
Related Rights
Exploitation Rights
Reporting Period
Payment Terms
Term and Territory
Delivery
Financial Terms
Royalties
Accounting and Payment
Audit Rights
Distribution Rights
Digital Rights
Marketing and Promotion
Quality Control
Intellectual Property
Warranties and Representations
Indemnification
Confidentiality
Assignment and Sub-Licensing
Termination
Force Majeure
Notices
Entire Agreement
Governing Law
Dispute Resolution
Performance Obligations
Technical Requirements
Credit and Attribution
Moral Rights
Non-Circumvention
Release Commitment
Third Party Rights
Severability
Amendments
Waiver
Further Assurance
Recording Specifications
Territory Restrictions
Reporting Requirements
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