Document background
The Master Recording Split Agreement is essential in the Canadian music industry when multiple parties contribute to the creation and ownership of a master sound recording. This document is typically used when artists, producers, engineers, or other contributors need to formalize their ownership stakes and revenue sharing arrangements. It's particularly relevant in modern music production where collaborative works are common and various revenue streams exist through digital platforms, licensing, and traditional sales. The agreement must comply with Canadian federal legislation, particularly the Copyright Act, and provincial contract laws. It should address all potential revenue sources, including but not limited to streaming, downloads, physical sales, synchronization licenses, and public performance royalties. The document serves as a crucial reference point for rights management organizations, distributors, and other industry stakeholders in managing and distributing revenues.
