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Music Label Contract Template for New Zealand

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Key Requirements PROMPT example:

Music Label Contract

"I need a Music Label Contract for a New Zealand indie rock band signing with our label for a three-album deal starting March 2025, including worldwide digital distribution rights and merchandising, but excluding publishing rights."

Document background
The Music Label Contract serves as the foundational agreement between record labels and musical artists in New Zealand's music industry. It is typically used when an artist or band enters into a professional relationship with a record label for the purpose of recording, distributing, and commercializing their music. The contract covers essential aspects such as recording commitments, rights assignments, royalty structures, marketing obligations, and territory restrictions, all while adhering to New Zealand's legal framework including the Copyright Act 1994 and Fair Trading Act 1986. This document is crucial for defining the scope of the relationship, protecting both parties' interests, and establishing clear parameters for success in today's dynamic music industry. The agreement can be customized to include additional rights such as publishing, merchandising, and digital exploitation, depending on the specific arrangement between the parties.
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 the artist's status and label's intention to record and exploit the artist's works

3. Definitions: Key terms used throughout the agreement, including 'Recording', 'Territory', 'Net Profits', 'Master Recordings', etc.

4. Term and Territory: Duration of the agreement and geographical regions where the label can exploit the recordings

5. Recording Commitment: Number of albums/singles to be recorded and delivery requirements

6. Recording Process: Details about studio selection, producer selection, recording budget, and timeline

7. Grant of Rights: Rights granted to the label, including recording, distribution, and exploitation rights

8. Royalties and Payments: Payment terms, royalty rates, accounting periods, and audit rights

9. Marketing and Promotion: Label's obligations regarding promotion, marketing efforts, and artist approval rights

10. Artist Obligations: Artist's commitments, including exclusivity, promotional activities, and performance requirements

11. Warranties and Representations: Legal assurances from both parties regarding their rights and abilities to enter the agreement

12. Termination: Circumstances under which the agreement can be terminated and the consequences

13. Assignment and Licensing: Rights to assign or license the agreement or recordings to third parties

14. Notices: How formal communications between parties should be made

15. Governing Law: Specification of New Zealand law as governing law and jurisdiction

Optional Sections

1. Publishing Rights: Include when the deal includes music publishing rights, specifying publishing splits and administration

2. Merchandising Rights: Include when the label will have rights to produce and sell artist merchandise

3. Digital Rights: Detailed section for digital exploitation when specific digital strategies are crucial

4. Live Performance Income: Include when the label will take a share of live performance revenue

5. Sync Rights: Detailed section for synchronization rights when focusing on film/TV placements

6. International Tours: Include when the deal involves international touring obligations

7. Producer Agreement: Include when specific producer arrangements need to be incorporated

8. Band Member Provisions: Include for groups to address member changes and rights

9. Image Rights: Include when the label requires specific image rights beyond standard promotion

10. Social Media Management: Include when the label will have involvement in social media strategy

Suggested Schedules

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

2. Schedule 2 - Minimum Marketing Commitment: Detailed marketing and promotion commitments from the label

3. Schedule 3 - Royalty Calculations: Detailed breakdown of royalty calculations, including deductions and payment structures

4. Schedule 4 - Advance Schedule: Payment schedule for advances and recording budgets

5. Schedule 5 - Approved Recording Studios: List of pre-approved recording studios and producers

6. Schedule 6 - Territory Restrictions: Detailed breakdown of territorial rights and restrictions

7. Appendix A - Artist Brand Guidelines: Guidelines for use of artist name, logo, and image

8. Appendix B - Digital Platform Requirements: Technical requirements for digital distribution and streaming platforms

9. Appendix C - Mechanical License Terms: Standard terms for mechanical licensing of 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 Media

Publishing

Live Entertainment

Merchandising

Recording Industry

Performing Arts

Relevant Teams

Legal

Artists and Repertoire

Business Affairs

Rights Management

Royalties

Marketing

Digital

Publishing

Finance

Executive Leadership

Brand Management

Production

Relevant Roles

A&R Manager

Legal Counsel

Artist Manager

Music Producer

Business Affairs Director

Contract Administrator

Rights Manager

Royalty Manager

Marketing Director

Digital Content Manager

Label Manager

Publishing Manager

CEO

CFO

Entertainment Lawyer

Brand Manager

Talent Scout

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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