Music Publishing Agreement (Drafting)

Music publishing is the managing copyrighted music that gets used commercially. A publisher is responsible for things like the public use of music made by the artists they represent, the collection of royalties and finding licensing opportunities. Publishing companies have a huge amount of resources to get artists paid for the use of their music resources that independent musicians wouldn’t normally have access to.

1.Movies and Films

2.Advertisement

3.TV Shows

4.Video Games

5.Online Video  or Ads

Features of Music Licensing Agreement:

License grant:

The license grant defines the nature of the agreement and license accorded to the licensee. It should list out the acts and omissions that the licensee is permitted to perform.

Term and Termination:

The term of the agreement specifies the effective date from which the agreement commences or becomes effective, while the termination specifies the date of its end.

Assignment:

When a third party becomes a beneficiary of the contract, they might lose the right to enforce the contract. The clause of assignment doesn’t only transfers the right but also liability along with the rights. With this clause, in terms of any breach, the third party may also be sued for damages.

Warranty and Indemnification:

In simple terms, warranting something means that you’re claiming that the party will hold true to the agreement, and is saying the truth. It should include a point confirming that no defamatory or illegal activity is solicited with respect to the agreement, which may harm the other party. The clause may go further and mention the amount of compensation to be awarded to the licenser, or the composer, for any infringement of the terms of the agreement.

Consideration:

This section includes the clauses about the royalty to be paid to the artists at al, the remuneration for the licensee and so on. This clause handles the payments of both the parties, and hence, the commercial importance of the clause cannot be understated