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Music Joint Venture Agreement Template for Indonesia

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Key Requirements PROMPT example:

Music Joint Venture Agreement

"I need a Music Joint Venture Agreement between my established record label and a digital streaming platform to create a new joint venture entity in Indonesia, focusing on AI-powered music distribution and streaming services starting March 2025."

Document background
The Music Joint Venture Agreement serves as a foundational document for establishing collaborative ventures in Indonesia's music industry. This agreement is essential when two or more parties wish to combine their resources, expertise, and assets to create a joint music-related business venture while operating under Indonesian law. The document addresses crucial aspects such as intellectual property rights, revenue sharing, operational management, and regulatory compliance specific to the Indonesian market. It is particularly relevant in today's evolving music industry landscape, where traditional music business models intersect with digital distribution and new revenue streams. The agreement ensures compliance with Indonesian regulations, including the Copyright Law No. 28 of 2014 and relevant investment regulations, while providing a clear framework for business cooperation and risk management.
Suggested Sections

1. Parties: Identifies all parties entering into the joint venture agreement

2. Background: Sets out the context and intentions of the parties in forming the music joint venture

3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules

4. Formation of Joint Venture: Details of the joint venture entity formation, structure, and initial capitalization

5. Purpose and Scope: Defines the specific music-related activities and geographical scope of the joint venture

6. Capital Contributions: Specifies initial and ongoing capital contributions from each party

7. Intellectual Property Rights: Addresses ownership, licensing, and management of music-related IP

8. Management and Control: Governance structure, voting rights, and decision-making processes

9. Financial Matters: Profit sharing, accounting principles, and financial management

10. Operational Responsibilities: Day-to-day management and operational duties of each party

11. Non-Competition and Exclusivity: Restrictions on parties' involvement in competing ventures

12. Confidentiality: Protection of confidential information and trade secrets

13. Term and Termination: Duration of the agreement and circumstances for termination

14. Consequences of Termination: Rights and obligations upon termination

15. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law

16. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

Optional Sections

1. Foreign Investment Provisions: Required when one or more parties are foreign entities, addressing Indonesian foreign investment regulations

2. Digital Distribution Rights: Specific provisions for digital music distribution and streaming platforms

3. Live Performance Rights: Provisions specific to live music events and touring

4. Recording Studio Operations: Required when the joint venture includes operating recording facilities

5. Artist Management: Provisions for artist management services if included in the venture scope

6. Publishing Rights: Detailed provisions for music publishing activities

7. Merchandising Rights: Provisions for merchandise production and sales

8. Territory-Specific Requirements: Additional provisions for specific Indonesian regions or international territories

9. Change of Control: Provisions dealing with changes in ownership of the joint venture parties

Suggested Schedules

1. Schedule 1 - Initial Business Plan: Detailed business plan including market analysis and financial projections

2. Schedule 2 - Capital Contributions: Detailed breakdown of each party's initial and committed capital contributions

3. Schedule 3 - IP Schedule: Complete list of intellectual property assets contributed by each party

4. Schedule 4 - Management Structure: Organizational chart and key personnel responsibilities

5. Schedule 5 - Revenue Sharing Formula: Detailed calculations for profit sharing and royalty distributions

6. Schedule 6 - Technical Equipment: Inventory of musical and technical equipment contributed to the venture

7. Schedule 7 - Existing Contracts: List of existing contracts and obligations brought into the venture

8. Schedule 8 - License Agreements: Copies of all relevant music licenses and permissions

9. Schedule 9 - Insurance Requirements: Required insurance coverage for the joint venture

10. Schedule 10 - Compliance Checklist: List of required permits and licenses under Indonesian law

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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

Entertainment

Music

Media

Digital Technology

Events and Live Performance

Publishing

Recording Industry

Digital Distribution

Artist Management

Music Production

Music Education

Music Technology

Intellectual Property

Creative Industries

Relevant Teams

Legal

Business Development

Finance

Artist Relations

Production

Digital Distribution

Intellectual Property

Operations

Commercial

Artist & Repertoire

Business Affairs

Investment

Compliance

Strategy

Relevant Roles

Chief Executive Officer

Legal Counsel

Music Rights Manager

Business Development Director

Chief Financial Officer

Artist Relations Manager

Music Producer

Recording Studio Manager

Digital Distribution Manager

Intellectual Property Lawyer

Contract Manager

Music Publishing Manager

Operations Director

Investment Manager

A&R Director

Commercial Director

Managing Partner

Music Industry Consultant

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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