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Exclusive Artist Recording Agreement
"I need an Exclusive Artist Recording Agreement for an emerging Australian electronic music duo based in Melbourne, with a two-album deal including digital-first release strategy and option for international distribution, expected to commence in March 2025."
1. Parties: Identification of the record label and artist, including company/individual details and registered addresses
2. Background: Context of the agreement, artist's status, and general purpose of the arrangement
3. Definitions: Comprehensive definitions of key terms used throughout the agreement
4. Term and Territory: Duration of the agreement, including initial period and options, plus territorial scope
5. Exclusive Rights: Scope of exclusivity granted to the label, including recording, distribution, and exploitation rights
6. Recording Commitment: Minimum recording requirements, album/single obligations, and delivery specifications
7. Recording Process: Details of recording arrangements, producer selection, budget approval, and creative control
8. Advances and Recording Costs: Financial terms for advances, recording budgets, and recoupment provisions
9. Royalties: Detailed royalty calculations, rates, and payment terms for various exploitation methods
10. Accounting and Payments: Royalty accounting periods, statements, audit rights, and payment procedures
11. Marketing and Promotion: Label's obligations for marketing, promotional activities, and artist's promotional commitments
12. Warranties and Representations: Artist's and label's warranties regarding rights, capacity, and authority
13. Name and Likeness Rights: Use of artist's name, image, and biographical material
14. Termination: Grounds for termination, procedure, and consequences
15. Post-Term Rights: Rights and obligations that survive agreement termination
16. General Provisions: Standard contract clauses including notices, assignment, governing law, and dispute resolution
1. Multiple Artist Provisions: Required when the artist is a group/band rather than solo artist, covering group member changes and internal arrangements
2. Publishing Rights: Optional section if the deal includes publishing rights assignment or administration
3. Merchandising Rights: Include when the label is granted merchandising rights
4. Digital Platform Obligations: Specific provisions for social media and digital platform presence, increasingly common for new artists
5. Producer Agreements: Required when specific producer arrangements need to be incorporated into the main agreement
6. Artist Companies: Include when the artist performs through a loan-out company or other corporate structure
7. International Recording Provisions: Required for agreements covering multiple territories with specific local requirements
8. 360 Deal Provisions: Include when the agreement covers additional revenue streams beyond recording income
1. Schedule 1 - Royalty Rates: Detailed breakdown of royalty rates for different formats and territories
2. Schedule 2 - Minimum Recording Requirements: Technical and artistic specifications for recordings
3. Schedule 3 - Delivery Requirements: Specific requirements for master recording delivery and acceptable formats
4. Schedule 4 - Approved Recording Budget: Initial approved recording budget and budget approval process
5. Schedule 5 - Producer Agreement Template: Standard form producer agreement for the project
6. Schedule 6 - Territory Definitions: Detailed breakdown of included territories and any territory-specific terms
7. Appendix A - Marketing Commitments: Minimum marketing spend and activity commitments
8. Appendix B - Mechanical License Terms: Standard terms for mechanical licensing of compositions
Authors
Music Industry
Entertainment
Media
Digital Content
Publishing
Live Entertainment
Recording Industry
Performing Arts
Digital Media
Creative Industries
Legal
Business Affairs
Artist & Repertoire
Finance
Royalties
Marketing
Digital
Operations
Publishing
Production
A&R Manager
Legal Counsel
Business Affairs Manager
Artist Manager
Music Producer
Contract Administrator
Royalty Manager
CEO
Managing Director
Head of Legal
Finance Director
Marketing Director
Digital Rights Manager
Publishing Manager
Label Manager
Operations Manager
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