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Exclusive Recording Agreement
"I need an Exclusive Recording Agreement for a new electronic music artist based in Dublin, with a two-album commitment starting March 2025, including worldwide digital distribution rights and a 50/50 profit share on merchandise sales."
1. Parties: Identification of the record label and artist/band members, including their legal names and addresses
2. Background: Context of the agreement, including artist's status and parties' intentions
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Term and Territory: Duration of the agreement and geographical scope of rights granted
5. Exclusive Rights Grant: Scope of exclusive rights granted to the label, including recording, distribution, and exploitation rights
6. Recording Commitment: Number of albums/recordings required, delivery schedules, and technical specifications
7. Recording Budget: Budget allocation for recordings and related expenses
8. Advances and Royalties: Financial terms including advance payments and royalty rates for various formats and uses
9. Accounting and Payments: Payment schedules, accounting procedures, and audit rights
10. Marketing and Promotion: Label's obligations regarding marketing and promotion of recordings
11. Warranties and Representations: Artist's and label's warranties regarding rights, capacity, and obligations
12. Termination: Circumstances and procedures for agreement termination
13. General Provisions: Standard legal clauses including notices, assignment, and governing law
1. Touring and Live Performances: Terms regarding live performance obligations and revenue sharing, included when the label has involvement in live activities
2. Merchandising Rights: Terms for merchandise production and sales, included when the label obtains merchandising rights
3. Publishing Rights: Terms for music publishing administration, included when publishing rights are part of the deal
4. Social Media and Digital Presence: Requirements for social media management and digital promotion, included for contemporary agreements
5. Producer Arrangements: Terms regarding producer selection and agreements, included when the label has specific producer requirements
6. Video Production: Terms for music video production and exploitation, included when video production is part of the deal
7. Sponsorship and Endorsements: Terms regarding brand partnerships, included when the label has rights in these areas
8. Side Artist Appearances: Terms governing guest appearances on other artists' recordings, included when relevant to the artist's career
1. Schedule A - Recording Specifications: Technical requirements for recordings, including format, quality standards, and delivery specifications
2. Schedule B - Royalty Rates: Detailed breakdown of royalty rates for different formats, territories, and usage types
3. Schedule C - Recording Budget Breakdown: Itemized recording budget including studio costs, producer fees, and other expenses
4. Schedule D - Delivery Requirements: Specific requirements for delivered recordings, including artwork and metadata
5. Schedule E - Permitted Third-Party Agreements: List of pre-existing agreements or permitted external commitments
6. Schedule F - Marketing Commitments: Detailed marketing and promotion commitments from the label
7. Appendix 1 - Artist Information: Detailed information about the artist/band members including legal names and contact details
8. Appendix 2 - Prior Recordings: List of any existing recordings and their ownership status
Authors
Music Industry
Entertainment
Media
Digital Content
Recording Industry
Performing Arts
Live Entertainment
Music Publishing
Digital Media Distribution
Creative Industries
Legal
Business Affairs
Artist & Repertoire
Royalties
Copyright
Digital Rights Management
Music Publishing
Finance
Marketing
Artist Development
A&R Manager
Legal Counsel
Business Affairs Manager
Artist Manager
Music Producer
Recording Artist
Music Industry Executive
Copyright Manager
Royalties Manager
Contract Administrator
Music Publishing Manager
Digital Rights Manager
Head of Music
CEO/Managing Director
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