Document background
The Master Recording Split Agreement is a crucial document in the Indonesian music industry that defines the rights and financial interests of all parties involved in creating and commercializing a master recording. This agreement becomes necessary when multiple parties contribute to the creation or funding of a master recording and need to establish clear terms for ownership and revenue sharing. It must comply with Indonesian Copyright Law (Law No. 28 of 2014) and related regulations, including specific provisions for both economic and moral rights as recognized under Indonesian law. The document typically comes into play after the recording is completed but before its commercial release, ensuring all parties have clear understanding of their rights, obligations, and financial entitlements. It addresses various revenue streams including digital platforms, physical sales, synchronization, and licensing, while considering the specific requirements of Indonesian Collective Management Organizations and local music industry practices.
