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Record Label Contract Template for India

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Key Requirements PROMPT example:

Record Label Contract

"I need a Record Label Contract for a new indie rock band based in Mumbai, with specific emphasis on digital streaming rights and social media promotion, including a 3-album commitment starting March 2025 with quarterly release schedule."

Document background
The Record Label Contract serves as the foundational agreement in the Indian music industry, establishing the legal and commercial relationship between recording artists and record labels. This document is essential when an artist or band enters into a professional recording arrangement with a label for the creation, production, and distribution of musical works. It encompasses crucial elements such as recording commitments, copyright assignments, royalty structures, and marketing obligations, all while adhering to Indian legal requirements including the Copyright Act, 1957 and the Indian Contract Act, 1872. The agreement is designed to protect both parties' interests while facilitating the commercial exploitation of musical works across various platforms and territories, incorporating provisions for both traditional and digital distribution channels.
Suggested Sections

1. Parties: Identification of the record label and the artist/band members, including their legal names and addresses

2. Background: Context of the agreement, including brief description of the parties and their intention to enter into a recording agreement

3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Recording', 'Territory', 'Net Profits', 'Royalties', etc.

4. Term and Territory: Duration of the agreement and geographical scope of the rights granted

5. Grant of Rights: Specific rights granted by the artist to the label, including recording, distribution, and exploitation rights

6. Recording Commitment: Number of albums/singles to be recorded, delivery requirements, and recording specifications

7. Recording Budget: Financial terms for recording, including budget allocation and payment schedule

8. Royalties: Detailed breakdown of royalty rates for different types of exploitation and territories

9. Advances: Terms regarding advance payments, recoupment, and cross-collateralization

10. Marketing and Promotion: Label's obligations regarding marketing, promotion, and distribution of recordings

11. Artist Obligations: Artist's commitments regarding recording, promotion, exclusivity, and non-compete provisions

12. Intellectual Property Rights: Ownership and management of copyrights, trademarks, and other IP

13. Accounting and Audit Rights: Terms for financial reporting, payment schedules, and artist's audit rights

14. Termination: Circumstances under which either party can terminate the agreement and consequences

15. General Provisions: Standard contractual clauses including governing law, dispute resolution, and entire agreement

Optional Sections

1. 360 Rights: Additional rights granted to the label beyond recording, such as merchandising, publishing, and touring - used for comprehensive deals

2. Digital Distribution: Specific terms for digital platforms and streaming services - important for modern distribution but may be separate agreement

3. Producer Agreements: Terms related to production arrangements - needed when specific producers are part of the deal

4. Group Provisions: Special provisions for bands regarding member changes - only needed for group artists

5. International Rights: Specific provisions for international exploitation - needed for deals with international scope

6. Sync Rights: Terms for synchronization licensing - important for artists targeting film/TV placement

7. Name and Likeness Rights: Detailed terms for using artist's image and brand - important for high-profile artists

8. Live Performance Rights: Terms regarding live performances and touring - needed if label involved in live events

Suggested Schedules

1. Schedule A - Recording Specifications: Technical requirements for recordings, including format, quality standards, and delivery specifications

2. Schedule B - Minimum Recording Commitment: Detailed breakdown of required recordings, including timeline and delivery dates

3. Schedule C - Royalty Calculations: Detailed methodology for calculating different types of royalties

4. Schedule D - Permitted Deductions: List of approved deductions from gross revenues for royalty calculations

5. Schedule E - Territory Restrictions: Specific territorial limitations or requirements for different rights

6. Schedule F - Approved Recording Budget: Detailed recording budget breakdown and payment schedule

7. Appendix 1 - Marketing Commitments: Specific marketing and promotion commitments from the label

8. Appendix 2 - Required Approvals: List of items requiring mutual approval from both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions











































































Clauses

















































Relevant Industries

Music Industry

Entertainment

Media & Broadcasting

Digital Media

Performing Arts

Copyright & Licensing

Legal Services

Digital Distribution

Music Production

Artist Management

Relevant Teams

Legal

Artists and Repertoire

Business Affairs

Copyright and Licensing

Digital Rights Management

Marketing

Finance

Artist Relations

Production

Publishing

Relevant Roles

Legal Counsel

A&R Manager

Music Producer

Artist Manager

Business Affairs Director

Copyright Manager

Licensing Manager

Contract Administrator

Digital Rights Manager

Marketing Director

Finance Manager

Artist Relations Manager

Recording Engineer

Publishing Rights Manager

CEO/Managing Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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