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Independent Record Label Contract
"I need an Independent Record Label Contract for signing a new electronic music duo based in Melbourne, with a three-album deal starting March 2025, including digital distribution rights and NFT creation rights, with quarterly royalty payments."
1. Parties: Identification of the record label and artist/band, including legal names and addresses
2. Background: Context of the agreement, including artist's status and label's business
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. Recording Commitment: Number of recordings, albums, or singles to be produced and delivery requirements
6. Recording Process: Details about recording arrangements, producer selection, and approval processes
7. Grant of Rights: Specific rights granted to the label including master recordings, artwork, and marketing materials
8. Artist Obligations: Key responsibilities and commitments of the artist
9. Label Obligations: Key responsibilities and commitments of the label
10. Royalties and Payments: Payment terms, royalty rates, and calculation methods
11. Accounting and Auditing: Requirements for financial reporting and artist's audit rights
12. Intellectual Property: Ownership and management of copyrights and other intellectual property
13. Marketing and Promotion: Label's commitment to marketing and artist's promotional obligations
14. Warranties and Indemnities: Legal guarantees and protection provisions
15. Termination: Conditions and processes for ending the agreement
16. General Provisions: Standard legal clauses including notices, governing law, and dispute resolution
1. Distribution Rights: Specific section for digital and physical distribution rights when label acts as distributor
2. Publishing Rights: Used when the deal includes publishing rights management
3. Merchandising Rights: Include when the label has rights to produce and sell merchandise
4. Synchronization Rights: When the label manages sync licensing for film, TV, and advertising
5. Live Performance: Include if label has involvement in live performances or touring
6. Artist Development: For newer artists requiring specific development support
7. Side Artist Appearances: Regulates artist's appearances on other recordings
8. International Rights: Detailed section for international exploitation when relevant
9. Social Media Management: Include when label has involvement in social media presence
10. NFT and Digital Assets: For contracts involving digital asset creation and distribution
1. Schedule A - Minimum Recording Commitment: Detailed specifications for recordings, including quantity, format, and technical requirements
2. Schedule B - Royalty Rates: Comprehensive breakdown of royalty rates for different formats and territories
3. Schedule C - Recording Budget: Detailed recording budget allocation and acceptable expenses
4. Schedule D - Marketing Commitment: Specific marketing and promotion commitments from the label
5. Schedule E - Approved Recording Studios: List of pre-approved recording studios and producers
6. Schedule F - Delivery Requirements: Technical specifications for master recordings and artwork
7. Appendix 1 - Power of Attorney: Standard power of attorney form for specific label actions
8. Appendix 2 - Artist Brand Guidelines: Guidelines for use of artist name and likeness
Authors
Music Industry
Entertainment
Media
Digital Content
Performing Arts
Creative Industries
Copyright and Licensing
Digital Distribution
Audio Production
Event Management
Legal
Artist & Repertoire
Business Affairs
Rights Management
Marketing
Digital Distribution
Finance
Creative Services
Production
Brand Management
A&R Manager
Music Producer
Legal Counsel
Artist Manager
Business Affairs Manager
Rights Manager
Marketing Director
Digital Distribution Manager
Finance Manager
Contract Administrator
Label Manager
Publishing Manager
Creative Director
Product Manager
Brand Manager
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