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The Stock Footage License Agreement is essential for businesses and individuals seeking to legally acquire and use pre-recorded video content for commercial purposes. This document is commonly used in the United States media and entertainment industry when a party needs to license stock footage for incorporation into various projects such as advertisements, films, corporate videos, or digital content. The agreement, governed by U.S. federal and state laws, particularly copyright law, establishes crucial terms including usage rights, territorial scope, duration, fee structure, and technical specifications. It protects both the content owner's intellectual property rights and the licensee's investment by clearly defining permitted uses and limitations. The agreement becomes particularly important in today's digital age where content distribution channels are numerous and the risk of unauthorized usage is high.
