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Label Contract Template for New Zealand

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Key Requirements PROMPT example:

Label Contract

"Need a Label Contract for signing a new indie rock band in New Zealand, with worldwide digital distribution rights, merchandising options, and a three-album commitment starting March 2025."

Document background
The Label Contract serves as the foundational agreement in the New Zealand music industry, establishing the legal and commercial relationship between record labels and recording artists. This document is essential when a record label wishes to sign an artist or band for the purpose of recording, producing, and commercializing their music. The contract encompasses crucial elements such as recording commitments, territorial rights, royalty structures, and marketing obligations, all while adhering to New Zealand's legal framework, particularly the Copyright Act 1994 and Fair Trading Act 1986. It's designed to protect both the label's commercial interests and the artist's creative and financial rights, providing clear guidelines for the partnership's duration, scope, and obligations. The agreement is particularly vital in the current digital age, addressing both traditional physical formats and modern digital distribution channels.
Suggested Sections

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

2. Background: Context of the agreement, artist's status, and general purpose of the contract

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 albums/singles to be recorded and delivery requirements

6. Rights Granted: Specific rights granted to the label including recording, distribution, and exploitation rights

7. Recording Process: Details about recording arrangements, producer selection, and approval rights

8. Release Commitment: Label's obligations regarding release of recordings and marketing efforts

9. Royalties: Payment terms, royalty rates, and calculation methods

10. Accounting: Reporting periods, statement requirements, and audit rights

11. Warranties and Representations: Artist and label warranties regarding rights, capacity, and obligations

12. Termination: Circumstances allowing termination and consequences

13. General Provisions: Standard legal clauses including notices, assignment, and governing law

Optional Sections

1. Publishing Rights: Used when the label also acquires publishing rights to the compositions

2. Merchandise Rights: Included when the label has rights to produce and sell artist merchandise

3. Artist Services Agreement: Added when the label provides additional management or agency services

4. Digital Distribution: Specific terms for digital platforms and social media when needed

5. Live Performance: Included when the label has involvement in touring or live performances

6. Name and Likeness Rights: Detailed section when extensive branding and image rights are granted

7. Production Company Obligations: Used when artist operates through a loan-out or production company

8. International Distribution: Detailed provisions for international markets when applicable

Suggested Schedules

1. Schedule 1 - Royalty Rates: Detailed breakdown of royalty rates for different formats and territories

2. Schedule 2 - Minimum Recording Requirements: Technical specifications for recordings and delivery format

3. Schedule 3 - Recording Budget: Detailed recording budget and cost allocation

4. Schedule 4 - Marketing Commitments: Specific marketing and promotion obligations of the label

5. Schedule 5 - Permitted Deductions: List of permitted deductions from royalty calculations

6. Appendix A - Artist's Pre-existing Commitments: List of any pre-existing contracts or commitments

7. Appendix B - Approved Third-Party Agreements: List of approved external agreements or collaborations

8. Appendix C - Technical Delivery Requirements: Detailed technical specifications for master recordings

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

Digital Content

Publishing

Live Entertainment

Merchandising

Digital Distribution

Arts and Culture

Relevant Teams

Legal

Artist & Repertoire

Business Affairs

Royalties & Finance

Marketing & Promotion

Digital Distribution

Rights Management

Production

Publishing

Relevant Roles

A&R Manager

Legal Counsel

Artist Manager

Business Affairs Director

Music Producer

Contract Administrator

Royalty Manager

Marketing Director

Label Executive

Distribution Manager

Rights Manager

Finance Director

Publishing Manager

Digital Content Manager

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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