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Music Joint Venture Agreement
"I need a Music Joint Venture Agreement between my established record label and a digital streaming platform to create a new joint venture entity in Indonesia, focusing on AI-powered music distribution and streaming services starting March 2025."
1. Parties: Identifies all parties entering into the joint venture agreement
2. Background: Sets out the context and intentions of the parties in forming the music joint venture
3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules
4. Formation of Joint Venture: Details of the joint venture entity formation, structure, and initial capitalization
5. Purpose and Scope: Defines the specific music-related activities and geographical scope of the joint venture
6. Capital Contributions: Specifies initial and ongoing capital contributions from each party
7. Intellectual Property Rights: Addresses ownership, licensing, and management of music-related IP
8. Management and Control: Governance structure, voting rights, and decision-making processes
9. Financial Matters: Profit sharing, accounting principles, and financial management
10. Operational Responsibilities: Day-to-day management and operational duties of each party
11. Non-Competition and Exclusivity: Restrictions on parties' involvement in competing ventures
12. Confidentiality: Protection of confidential information and trade secrets
13. Term and Termination: Duration of the agreement and circumstances for termination
14. Consequences of Termination: Rights and obligations upon termination
15. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law
16. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Foreign Investment Provisions: Required when one or more parties are foreign entities, addressing Indonesian foreign investment regulations
2. Digital Distribution Rights: Specific provisions for digital music distribution and streaming platforms
3. Live Performance Rights: Provisions specific to live music events and touring
4. Recording Studio Operations: Required when the joint venture includes operating recording facilities
5. Artist Management: Provisions for artist management services if included in the venture scope
6. Publishing Rights: Detailed provisions for music publishing activities
7. Merchandising Rights: Provisions for merchandise production and sales
8. Territory-Specific Requirements: Additional provisions for specific Indonesian regions or international territories
9. Change of Control: Provisions dealing with changes in ownership of the joint venture parties
1. Schedule 1 - Initial Business Plan: Detailed business plan including market analysis and financial projections
2. Schedule 2 - Capital Contributions: Detailed breakdown of each party's initial and committed capital contributions
3. Schedule 3 - IP Schedule: Complete list of intellectual property assets contributed by each party
4. Schedule 4 - Management Structure: Organizational chart and key personnel responsibilities
5. Schedule 5 - Revenue Sharing Formula: Detailed calculations for profit sharing and royalty distributions
6. Schedule 6 - Technical Equipment: Inventory of musical and technical equipment contributed to the venture
7. Schedule 7 - Existing Contracts: List of existing contracts and obligations brought into the venture
8. Schedule 8 - License Agreements: Copies of all relevant music licenses and permissions
9. Schedule 9 - Insurance Requirements: Required insurance coverage for the joint venture
10. Schedule 10 - Compliance Checklist: List of required permits and licenses under Indonesian law
Authors
Affiliate
Applicable Law
Artist
Board of Directors
Business Day
Business Plan
Capital Contribution
Commencement Date
Commercial Release
Confidential Information
Copyright
Digital Distribution
Digital Service Provider
Effective Date
Financial Year
Force Majeure
Governing Law
Initial Term
Intellectual Property Rights
Joint Venture
JV Company
Key Performance Indicators
License
Live Performance
Management Committee
Master Recording
Material Breach
Music Publishing Rights
Musical Work
Net Revenue
Operating Costs
Parties
Performance Rights
Permitted Use
Publishing Income
Recording Costs
Related Party
Renewal Term
Revenue Share
Royalties
Sound Recording
Streaming
Subscription Income
Subsidiary
Synchronization Rights
Territory
Third Party
Trade Secrets
Trademarks
Music Catalog
Digital Rights
Distribution Agreement
Recording Agreement
Publishing Agreement
Management Agreement
Marketing Plan
Mechanical Rights
Neighboring Rights
Public Performance Rights
Quarter
Reporting Period
Reserved Matters
Share Capital
Shareholder
Transfer
Working Capital
Purpose and Scope
Capital Contribution
Share Ownership
Management and Control
Intellectual Property Rights
Music Rights Management
Digital Distribution Rights
Recording Rights
Publishing Rights
Performance Rights
Revenue Sharing
Royalty Payments
Financial Management
Operational Management
Decision Making
Board Composition
Shareholder Rights
Reserved Matters
Business Planning
Artist Management
Distribution Arrangements
Marketing and Promotion
Territory Rights
Exclusivity
Non-Competition
Confidentiality
Data Protection
Technology Rights
Equipment and Facilities
Personnel
Regulatory Compliance
Insurance
Representations and Warranties
Indemnification
Force Majeure
Term and Duration
Termination
Exit Rights
Tag-Along Rights
Drag-Along Rights
First Refusal Rights
Anti-Dilution
Assignment
Amendments
Notices
Governing Law
Dispute Resolution
Entire Agreement
Entertainment
Music
Media
Digital Technology
Events and Live Performance
Publishing
Recording Industry
Digital Distribution
Artist Management
Music Production
Music Education
Music Technology
Intellectual Property
Creative Industries
Legal
Business Development
Finance
Artist Relations
Production
Digital Distribution
Intellectual Property
Operations
Commercial
Artist & Repertoire
Business Affairs
Investment
Compliance
Strategy
Chief Executive Officer
Legal Counsel
Music Rights Manager
Business Development Director
Chief Financial Officer
Artist Relations Manager
Music Producer
Recording Studio Manager
Digital Distribution Manager
Intellectual Property Lawyer
Contract Manager
Music Publishing Manager
Operations Director
Investment Manager
A&R Director
Commercial Director
Managing Partner
Music Industry Consultant
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