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Exclusive License Agreement Music

Exclusive License Agreement Music Template for Belgium

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Key Requirements PROMPT example:

Exclusive License Agreement Music

"I need an Exclusive License Agreement Music for a Belgian indie record label to license a catalog of 50 songs to a global streaming platform, with worldwide rights starting March 2025, including specific provisions for revenue sharing from user-generated content."

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Document background
The Exclusive License Agreement Music is a specialized contract used when a rights holder (licensor) grants exclusive permission to another party (licensee) to exploit specific musical works in Belgium and potentially other territories. This agreement is essential for businesses seeking to secure exclusive rights to commercialize music across various platforms and media. The document is structured to comply with Belgian copyright law and relevant EU directives, addressing crucial aspects such as digital rights, performance rights, and collective management arrangements. It typically includes detailed provisions for royalty payments, usage restrictions, quality control, and term duration. This type of agreement is particularly relevant in today's digital age where music exploitation spans multiple platforms and territories, requiring clear delineation of rights and obligations under Belgian jurisdiction.
Suggested Sections

1. Parties: Identification of the licensor (rights holder) and licensee, including full legal names, addresses, and registration details

2. Background: Context of the agreement, description of the musical work(s), and confirmation of ownership/right to license

3. Definitions: Definitions of key terms used throughout the agreement, including 'Musical Works', 'Territory', 'Term', 'Net Revenue', etc.

4. Grant of Rights: Detailed description of the exclusive rights being licensed, including specific uses permitted

5. Territory and Term: Geographic scope of the license and duration of the agreement

6. Exclusivity Provisions: Specific terms of exclusivity, including any carve-outs or reserved rights

7. Financial Terms: Payment terms, royalty rates, accounting periods, and payment methods

8. Obligations of the Parties: Specific duties of both licensor and licensee, including promotion, distribution, and quality control

9. Representations and Warranties: Legal assurances from both parties, including ownership of rights and authority to enter agreement

10. Protection of Rights: Provisions for handling infringement and protecting the licensed rights

11. Termination: Conditions for ending the agreement, including breach, cure periods, and consequences of termination

12. General Provisions: Standard legal clauses including governing law, jurisdiction, entire agreement, and amendments

Optional Sections

1. Sub-licensing Rights: Include when licensee is permitted to grant sub-licenses to third parties

2. Digital Distribution: Specific provisions for digital platforms and streaming services

3. Minimum Performance Requirements: Include when setting specific targets or minimum royalty guarantees

4. Creative Control: Include when licensor retains approval rights over use of the music

5. Collection Society Arrangements: Include when addressing relationship with SABAM or other collection societies

6. Marketing and Promotion: Detailed marketing obligations when specific promotional commitments are required

7. Synchronization Rights: Include when licensing music for film, TV, or advertising

8. Live Performance Rights: Include when the license covers live performance rights

9. NFT and Blockchain: Include when addressing digital tokens or blockchain-based distribution

Suggested Schedules

1. Schedule A - Licensed Musical Works: Detailed list of all musical works covered by the agreement, including composers, recordings, and registration numbers

2. Schedule B - Royalty Rates: Detailed breakdown of royalty rates for different types of use and territories

3. Schedule C - Approved Usage Guidelines: Specific guidelines for how the music may be used, including any restrictions

4. Schedule D - Payment and Reporting Format: Templates for royalty statements and payment reporting

5. Schedule E - Marketing Requirements: Detailed marketing and promotion requirements if applicable

6. Appendix 1 - Copyright Registrations: Copies or details of copyright registrations for the licensed works

7. Appendix 2 - Prior Licenses and Encumbrances: List of any existing licenses or restrictions on the musical works

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Musical Works
Sound Recordings
Master Rights
Publishing Rights
Territory
Term
Effective Date
Exploitation
Net Revenue
Gross Revenue
Royalty Rate
Accounting Period
Digital Platforms
Streaming
Downloads
Mechanical Rights
Performance Rights
Synchronization Rights
Sub-Publishing Rights
Collection Society
SABAM
Moral Rights
Derivative Works
Licensed Rights
Commercial Release
Marketing Materials
Permitted Uses
Restricted Uses
Distribution Channels
Advance Payment
Minimum Guarantee
Quarterly Period
Intellectual Property Rights
Confidential Information
Force Majeure
Affiliate
Sub-Licensee
Music Publishing
Broadcasting Rights
Public Performance
Digital Distribution
Physical Format
Promotional Use
Release Commitment
Statement of Account
Payment Currency
Cure Period
Clauses
Grant of Rights
Exclusivity
Territory and Term
Payment and Royalties
Accounting and Audit
Warranties and Representations
Assignment and Sub-Licensing
Quality Control
Intellectual Property
Moral Rights
Collection Society
Digital Distribution
Confidentiality
Termination
Force Majeure
Governing Law
Dispute Resolution
Indemnification
Entire Agreement
Severability
Notices
Amendment
Waiver
Further Assurance
Performance Obligations
Reporting
Marketing and Promotion
Credit and Attribution
Non-Circumvention
Competition
Tax
Insurance
Data Protection
Anti-Corruption
Relationship of Parties
Relevant Industries

Media & Entertainment

Music Industry

Digital Technology

Broadcasting

Film & Television

Advertising

Gaming

Live Entertainment

Digital Streaming

Retail & Hospitality

Relevant Teams

Legal

Business Affairs

Licensing

Rights Management

Content Acquisition

Digital Operations

Royalty Administration

Business Development

Commercial

Copyright Administration

Relevant Roles

Legal Counsel

Music Rights Manager

Licensing Director

Business Affairs Manager

Copyright Administrator

Content Acquisition Manager

Music Publisher

Artist Manager

Digital Rights Manager

Commercial Director

Entertainment Lawyer

Royalty Manager

Business Development Director

IP Rights Manager

Contract Manager

Industries
Belgian Copyright Law (Code of Economic Law, Book XI): Primary legislation governing copyright protection, moral rights, and economic rights for musical works in Belgium. Defines the scope of protection for musical compositions, recordings, and performances.
Belgian Civil Code (Contract Law): Provides the legal framework for contract formation, validity, interpretation, and enforcement. Essential for structuring the license agreement's terms and conditions.
EU Copyright Directive 2019/790: Implementation in Belgian law of the EU Copyright Directive, affecting digital use of copyrighted works and online content sharing.
Belgian Collective Management Law: Regulations governing collective rights management organizations (like SABAM) and their role in music licensing and royalty collection.
EU Competition Law and Belgian Competition Act: Regulations affecting exclusive licensing arrangements, particularly regarding duration and territorial restrictions of exclusive rights.
Belgian Income Tax Code: Governs the taxation of royalty payments and licensing income, including withholding tax obligations.
EU Directive 2014/26/EU on Collective Rights Management: Implemented in Belgian law, governing transparency and requirements for collective management organizations in music licensing.
Belgian Social Security Legislation: Relevant for determining social security implications of royalty payments and professional status of artists.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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