Key Agreements for Your Music Label

Recording Agreement:

Core Terms: Clearly outline the terms of the recording process, including the number of albums, royalty rates, advance payments, and delivery deadlines.

Ownership Rights: Define who owns the master recordings and underlying compositions. Typically, the label owns the master recordings, while the artist retains copyright ownership.

Marketing and Promotion: Specify the label’s obligations to promote and market the artist’s music.

Publishing Agreement:

Copyright Ownership: Determine ownership of song copyrights, usually held by the songwriter(s).

Mechanical Royalties: Outline the songwriter’s entitlement to mechanical royalties for reproduction and distribution.

Synchronization Licenses: Address licensing for film, TV, and commercial use.

Performance Royalties: Cover the songwriter’s share of performance royalties from public performances.

Artist Services Agreement:

Services Provided: Detail the services offered by the label, such as marketing, promotion, tour support, and legal representation.

Fees and Expenses: Specify fees for services and who is responsible for expenses.

Term and Termination: Outline the agreement’s duration and termination conditions.

Joint Venture Agreement:

Partnership Structure: Govern the formation and operation of a joint venture with another entity.

Profit and Loss Sharing: Define how profits and losses are shared.

Decision-Making Authority: Specify decision-making processes.

Exit Strategy: Address the dissolution process and asset distribution.

Disclaimer: This article is for informational purposes only and does not constitute legal advice. Please consult with an attorney for advice on your specific legal needs.

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