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Record Label Management Contract
"I need a Record Label Management Contract for my independent record label in South Africa, specifically for signing a new local hip-hop artist who will be releasing music primarily on digital platforms, with potential international distribution."
1. Parties: Identification of the Record Label and the Artist/Band, including full legal names, registration details, and addresses
2. Background: Context of the agreement, including the artist's status and the label's intention to provide management services
3. Definitions: Key terms used throughout the agreement including 'Recordings', 'Territory', 'Term', 'Net Revenue', 'Marketing Materials', etc.
4. Appointment and Term: Formal appointment of the label as manager and duration of the agreement
5. Grant of Rights: Rights granted to the label including recording, distribution, and exploitation rights
6. Artist Obligations: Artist's commitments including recording obligations, promotional activities, and exclusivity provisions
7. Label Services: Services to be provided by the label including recording, production, marketing, and distribution
8. Financial Terms: Revenue sharing, advances, recording costs, and payment terms
9. Intellectual Property: Ownership and licensing of recordings, artwork, and other materials
10. Marketing and Promotion: Label's obligations regarding marketing, promotion, and artist development
11. Accounting and Audit Rights: Record keeping, statements, and artist's audit rights
12. Termination: Circumstances for termination and consequences
13. General Provisions: Standard clauses including notices, entire agreement, governing law, etc.
1. International Distribution: Used when the agreement includes international territories, covering specific distribution arrangements and territory-specific terms
2. Digital Rights: Detailed section for digital distribution when the label has significant digital presence or streaming focus
3. Merchandising Rights: Include when the label will handle merchandise production and sales
4. Publishing Rights: Used when the label also manages publishing rights for the artist's compositions
5. Live Performance: Include when the label is involved in booking or managing live performances
6. Sample Clearance: Required when the artist regularly uses samples in their work
7. Producer Agreement: Include when the label assigns specific producers to work with the artist
8. Social Media Management: Used when the label takes an active role in managing artist's social media presence
1. Schedule A - Recording Commitment: Details of required recordings, including minimum number of tracks, delivery schedules
2. Schedule B - Approved Recording Budget: Breakdown of recording costs, studio time, and production expenses
3. Schedule C - Revenue Share Calculations: Detailed breakdown of revenue sharing percentages across different income streams
4. Schedule D - Marketing Plan: Initial marketing strategy and budget allocation
5. Schedule E - Territory List: List of territories covered by the agreement and any territory-specific terms
6. Schedule F - Minimum Marketing Commitment: Label's minimum marketing spend and activity commitments
7. Appendix 1 - Advance Payment Schedule: Schedule of advance payments and recoupment terms
8. Appendix 2 - Approved Third-Party Contractors: List of approved producers, engineers, and other professionals
Authors
Music and Entertainment
Media
Digital Content
Live Events
Intellectual Property
Legal Services
Digital Distribution
Marketing and Advertising
Legal
Artist & Repertoire
Business Affairs
Rights Management
Digital Distribution
Marketing
Finance
Artist Relations
Production
Public Relations
Legal Counsel
Artist Manager
A&R Director
Music Producer
Business Affairs Manager
Contract Administrator
Rights Manager
Music Industry Executive
Entertainment Lawyer
Digital Distribution Manager
Marketing Director
Finance Manager
Artist Relations Manager
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