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Record Label Partnership Agreement
"I need a Record Label Partnership Agreement for a collaboration between an established Australian record label and a digital-first European label, starting March 2025, with focus on digital distribution rights and revenue sharing for streaming platforms."
1. Parties: Identification of the partnering record labels, including full legal names and registered addresses
2. Background: Context of the partnership, including brief history and intention of the parties to collaborate
3. Definitions: Key terms used throughout the agreement, including industry-specific terminology
4. Partnership Structure: Legal structure of the partnership, ownership percentages, and capital contributions
5. Term and Renewal: Duration of the partnership agreement and conditions for renewal
6. Rights and Responsibilities: Core obligations of each partner, including areas of expertise and contribution
7. Artist Management: Process for signing, managing, and developing artists
8. Recording and Production: Standards and procedures for music recording and production
9. Distribution and Marketing: Agreement on distribution channels and marketing responsibilities
10. Financial Arrangements: Revenue sharing, accounting practices, and financial management
11. Intellectual Property: Ownership and management of IP rights, including recordings and brand assets
12. Decision Making: Governance structure and voting rights for partnership decisions
13. Termination: Conditions and processes for ending the partnership
14. Dispute Resolution: Procedures for resolving conflicts between partners
15. General Provisions: Standard legal clauses including notices, amendments, and governing law
1. Digital Rights Management: Specific provisions for managing digital rights and streaming platforms
2. International Operations: Include when partnership operates across multiple territories
3. Merchandising Rights: Include when partnership involves merchandise production and sales
4. Live Events: Include when partnership covers concert promotion and touring
5. Publishing Rights: Include when partnership involves music publishing activities
6. Staff and Employment: Include when partnership involves shared employees or staff
7. Equipment and Studios: Include when partnership involves shared physical assets
8. Social Media Management: Include when partnership involves joint social media presence
1. Schedule 1 - Partner Details: Detailed information about each partner, including key contacts and representatives
2. Schedule 2 - Capital Contributions: Itemized list of initial and ongoing capital contributions from each partner
3. Schedule 3 - Revenue Sharing Formula: Detailed breakdown of revenue sharing calculations and mechanisms
4. Schedule 4 - Existing Artists: List of current artists under each label and their status
5. Schedule 5 - Territory Details: Specific territories covered by the partnership and any special arrangements
6. Schedule 6 - Distribution Networks: Details of agreed distribution channels and platforms
7. Schedule 7 - Accounting Procedures: Specific procedures for financial reporting and accounting
8. Appendix A - Standard Artist Contract Template: Template for future artist contracts under the partnership
9. Appendix B - Marketing Guidelines: Agreed standards and procedures for marketing activities
Authors
Music Industry
Entertainment
Media
Digital Content
Publishing
Performing Arts
Event Management
Digital Distribution
Retail (Music)
Merchandising
Legal
Finance
Artists and Repertoire
Production
Marketing
Digital Distribution
Business Development
Operations
Copyright and Licensing
Artist Management
Compliance
Partnership Management
Chief Executive Officer
Managing Director
Legal Counsel
Head of A&R
Chief Financial Officer
Music Production Director
Digital Distribution Manager
Artist Relations Manager
Marketing Director
Business Development Manager
Operations Director
Copyright Manager
Licensing Manager
Partnership Manager
Finance Director
Compliance Officer
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