The Co-Publishing Agreement serves as a fundamental instrument in the music publishing industry, particularly where multiple parties seek to share publishing rights and responsibilities. Under Singapore law, this agreement type is commonly used when publishers want to collaborate on exploiting musical works while maintaining clear rights allocation and revenue sharing arrangements. The agreement typically covers copyright administration, licensing rights, territory definitions, revenue splits, and accounting procedures, all within Singapore's legal framework which provides strong protection for intellectual property rights through the Copyright Act 2021 and related legislation.
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Key Requirements PROMPT example:
Co Publishing Agreement
"I need a Co-Publishing Agreement for a catalog of 50 songs that we're jointly publishing with ABC Music Ltd, where we'll split the revenue 60/40 in our favor and we need to include digital rights for Southeast Asian territories starting March 2025."
1. Parties: Identification of the co-publishing parties, including full legal names and addresses
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Key terms used throughout the agreement including Works, Territory, Term, Net Receipts
4. Grant of Rights: Specific rights being granted between parties, including publishing, administration, and exploitation rights
5. Term and Territory: Duration of the agreement and geographical scope of rights granted
6. Financial Terms: Revenue sharing, payment terms, accounting periods, and statements
7. Warranties and Representations: Standard warranties regarding ownership, right to contract, and non-infringement
8. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Sub-Publishing: Rights and terms for sub-publishing arrangements in international territories
2. Minimum Performance Requirements: Specific targets or obligations for exploitation of the works
3. Creative Control: Provisions regarding approval rights for modifications or arrangements of works
4. Digital Rights: Specific provisions for digital exploitation and distribution
1. Schedule 1 - Works: List of musical works covered by the agreement
2. Schedule 2 - Revenue Split: Detailed breakdown of revenue sharing arrangements
3. Schedule 3 - Territory: Detailed list of countries/regions covered
4. Schedule 4 - Accounting Procedures: Detailed procedures for royalty calculations and payments
5. Appendix A - Sample Statements: Template for royalty statements
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