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The Master Recording Split Agreement is essential when multiple parties have contributed to the creation of a master recording and need to formalize their respective ownership rights and revenue entitlements. Under English and Welsh law, this agreement provides clarity on ownership percentages, revenue distribution, and rights management responsibilities. It is particularly crucial in the modern music industry where digital distribution and multiple revenue streams have complicated the traditional recording ownership model. The agreement helps prevent future disputes by clearly documenting each party's stake and rights in the recording, while ensuring compliance with relevant copyright and music industry legislation.
