The Music Contract For Featured Artist is essential when establishing a professional relationship between a recording artist and a music company in the United States. This agreement is particularly relevant when an artist is ready to commit to creating recordings for commercial release. It encompasses crucial elements such as recording obligations, ownership rights, royalty structures, and various revenue streams. The contract must comply with U.S. federal copyright laws, state-specific entertainment regulations, and industry standards. It's designed to protect both parties' interests while clearly defining expectations, deliverables, and compensation terms. This type of agreement has evolved to address modern music industry practices, including digital distribution and multiple revenue streams.
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1. Parties: Identifies the record label/company and the artist, including legal names and addresses
2. Background: States the purpose of the agreement and basic context
3. Definitions: Defines key terms used throughout the agreement including 'Recording', 'Territory', 'Net Receipts', 'Royalty Period'
4. Term and Territory: Specifies contract duration and geographical scope of the agreement
5. Recording Commitment: Details the number of recordings required and delivery specifications
6. Rights and Ownership: Establishes ownership of recordings and associated rights
7. Compensation: Details royalty rates, advances, and payment terms
8. Artist Obligations: Outlines artist's duties and commitments during the term
9. Company Obligations: Specifies label's responsibilities regarding recording, distribution, and promotion
10. Termination: Details circumstances and procedures for contract termination
1. Merchandising Rights: Used when merchandising rights are part of the deal and details revenue sharing from merchandise sales
2. Publishing Rights: Details publishing arrangements and revenue sharing from songwriting
3. Live Performance Rights: Covers touring and performance arrangements including revenue sharing from live performances
4. 360 Deal Provisions: Covers label participation in all artist revenue streams including endorsements and appearances
5. Digital Distribution: Specific terms for digital platforms and streaming services
1. Schedule A - Recording Schedule: Detailed timeline for recording deliverables and deadlines
2. Schedule B - Royalty Calculations: Detailed breakdown of royalty computations and payment structures
3. Schedule C - Permitted Recordings: List of pre-existing recordings artist can use
4. Schedule D - Producer Agreements: Attached producer contracts or terms
5. Schedule E - Marketing Commitments: Detailed marketing and promotion plans
6. Schedule F - Recording Budget: Breakdown of allocated recording budgets
7. Schedule G - Territory Exclusions: List of excluded territories if any
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