Within ninety (90) days of receipt of notice of any Leaving Member, as defined in the Leaving Member Section, Company shall have the right to terminate the Agreement with respect to the remaining members of Artist. Authentic re creation of an original 19th century blend available only ... Johnnie walker black label 100cl 255000 litre ex. The first things that should be included in a contract between an indie label and an artist are the basics - who is making the deal and what the deal covers. /Annots 18 0 R >> (Check and fill in blanks if applicable.) Accounting - This gives the band the right to audit the label's books relating to their release at a given interval - say once a year. [ ] Artist, at its own expense, may furnish camera-ready artwork for the Records. Company shall pay Artist ______ % of the net receipts paid to Company under any foreign license. )L Then the contract needs to state how any profit after the label recoups costs will be divided, for example: There's no real right or wrong here. Artist grants to Company a first mechanical license in respect to all Controlled Compositions. A term of between five to ten years is fair, and depending on how much experience your label has under its belt, the lower end of the spectrum is expected It's good for indie labels to include an option to renew the term for another set period in the contract. If a dispute arises under this Agreement, the parties agree to first try to resolve the dispute with the help of a mutually agreed upon mediator in _____________________________. Album Artwork. Artist shall be available from time to time to appear for photography, video performance, or the like, under the reasonable direction of Company. [ ] In computing the Records sold, only Records for which Company has been paid or credited shall be considered sold. << /Length 17 0 R /Type /XObject /Subtype /Image /Width 450 /Height 301 /ColorSpace Artist Warranties. If the search indicates that the name cannot be used, Company and Artist shall mutually agree upon a substitute name. Depending on the artist and the recording company involved, the agreement contract ensures both parties benefit from the proceeds of the music and that all rights are exclusively owned by the parties involved. A Music Recording Contract should include the following: Recording company details (name, contact info) Artist details (group name, names of each artist, contact info) Production details, e.g. You can ensures that their expectations are met, and that there are no disagreements when it comes to your cut of the artists' earnings. [ ] Company shall release the Records within______ months of delivery of the Master Recordings (the "Guaranteed Release Date"). By using The Balance Careers, you accept our. Company shall have the right to deduct returns and credits and to make reasonable reserves, not to exceed ______ % of sales in any one accounting period provided that such reserves shall be liquidated within______ accounting period(s). Gig: A performance by a musician or a group for the purpose of background entertainment such as corporate events, birthday parties, weddings etc. ���t'���P,/,�M�+��
ڻ��Z�֓GQ�8�ԹG����iz9W,�M�T� \ ] y ƒ � ω ο - > Σ Τ Y k � ‚ " B L q ρ ς K i Η α ‡ ‘ � � α κ � � An indie label contract should specifically state where the label has the right to sell the album. 1 4 � ¥
" " Έ" ά" �# Ό# �&. Company shall pay Artist a percentage (the "Royalty") of the Company' sales for all Records sold, less the following costs:
actual container costs not to exceed ______ % of SRLP, and excise, sales and similar taxes. Company shall have the right to reproduce or distribute in any medium, Artist's names, portraits, pictures and likeness for purposes of advertising, promotion or trade in connection with Artist or the exploitation of the Master Recordings. A fair way to do this for bands and label is to have the contract cover areas where the label has distribution, but the band does not already have a deal and then include a clause in the contract stating that the label can seek licensing or distribution deals in other territories for the album. Artist shall notify Company in writing of any infringements or imitations by others of the Master Recording which may come to Artist's attention. 0000007905 00000 n
Artist hereby irrevocably grants to Company the option to extend this Agreement upon the same terms and conditions of the Initial Period After the Ownership Period, all rights in the Master Recordings shall revert to Artist. In accordance with the rights granted by artist to company herein company intends to contract with a record distribution company for distribution of the recording. 0000001087 00000 n
In the event that an option is exercised, the term shall continue for _____ months after the delivery of the previous Master Recording ("Option Term"). [ 19 0 R 20 0 R ] This Agreement may not be amended except in a writing signed by both parties. Agreement - RCA Records Label and Artist Direct LLC, Asset Purchase The following are just a few of the optional things that can be included on an indie label contract. Starting an independent record label is one that can lead you to freedom, choices over your music and capabilities to rise among independent artists and the culture. 360 Deals in the Music and the Associated Controversy, Here Are 5 Important Lessons Big Labels Learned From Indie Imprints, Here Are Tips on How to Get a Distributor Deal for Your Music, How to Spend Music Business Loans and Grants, Why Record M and D Deals Can Be Good for Indie Labels, What You Should Know About This Notorious Recording Contract Clause, The Pros and Cons of Independent Record Label Deals, 8 Issues to Know and Address Before You Sign a Music Producer Contract, Helpful Tips on How to Start Your Own Record Label, A licensing deal for an existing album, already recorded, A licensing deal for current album in production, plus a deal for the label to release one or more future studio albums, A deal for a band to record one or more live albums that the label will release. I��ha,�˸�w�='��q��J��=1h�k�u43��}�$~Dsa��k�Y��0N��$�DgU/'�,�B3Y��6K{R�'5a!>S'��z��t�5�����{�$8U���&U��2�Z�ۜ. "Advertising and promotional purposes" mean all uses for which Company receives no money in excess of incidental fees such as tape stock and duplication and shipping. Company shall pay Artist ______ % of (select one):
[ ] suggested retail list price (SRLP) or
[ ] wholesale price. w�+h��8#�)���t�")l� ����S�E��}K�o����+Ѷ�*}N��U�|H7 ��Il�� ���`Y��nG�� ����={(8���GX�uq�Qp +8�i�w��Ig��V�f�n�zU�z�2:����y��J�=�ҬJ�t����ޜ�)���~jo�\$(��f�L�좙��ō� ����`Fz��QK���ڶ�)��#��z�H�A��S�� We dont recommend just downloading these and printing out right away you will still need to download the file you want and make any changes to reflect your individual purpose. [ ] Artist assigns to Company all rights to the Master Recording in perpetuity. If you're a record label, you can use the Recording Agreement to get your obligations to clients in black and white. Percentage deal (in the label's favor such as 70% of sales to the label). Mediation; Arbitration. [ ] Artist may perform as part of another artist' recording project (a "sideartist" performance) provided that Company has furnished written consent for such performance.