The Record Label License serves as the foundational agreement between music artists and record labels in the United States. This contract type is essential when an artist wants to partner with a label for the production, distribution, and monetization of their music while retaining certain rights. It addresses crucial aspects such as copyright ownership, revenue sharing, creative control, and marketing obligations. The document must comply with U.S. federal copyright laws and state-specific contract regulations, making it a complex but vital tool in the music industry.
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1. Parties: Identification of the record label and artist/band, including full legal names and addresses
2. Background: Context of the agreement, relationship between parties, and purpose of the license agreement
3. Definitions: Key terms used throughout the agreement including 'Recordings', 'Territory', 'Term', 'Net Receipts', etc.
4. Grant of Rights: Specific rights being licensed to the label, including recording, distribution, and exploitation rights
5. Term and Territory: Duration of agreement and geographical scope of the license
6. Recording Obligations: Artist's obligations regarding recordings, including quantity, quality, and delivery requirements
7. Royalties and Payments: Financial terms, payment schedules, accounting periods, and audit rights
8. Warranties and Representations: Legal promises made by both parties regarding rights, ownership, and ability to enter agreement
1. Marketing and Promotion: Terms regarding marketing efforts, promotional activities, and related budgets
2. Tour Support: Terms regarding touring assistance, including financial support and promotional obligations
3. 360 Rights: Additional rights granted to label including merchandising, publishing, and other revenue streams
4. Creative Control: Terms regarding approval rights for recordings, artwork, and promotional materials
1. Schedule A - Recording Schedule: Detailed timeline for delivery of recordings and release commitments
2. Schedule B - Royalty Calculations: Detailed breakdown of royalty rates, deductions, and calculation methodologies
3. Schedule C - Marketing Commitments: Specific marketing obligations, budgets, and promotional requirements
4. Schedule D - Technical Specifications: Required format and quality specifications for recordings
5. Appendix 1 - Recording Budget: Detailed recording budget breakdown and payment schedule
6. Appendix 2 - Approved Third-Party Producers: List of pre-approved producers and production personnel
Relevant legal definitions
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Relevant Industries
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