Music Royalty Agreement Template for Indonesia

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Key Requirements PROMPT example:

Music Royalty Agreement

"I need a Music Royalty Agreement for an Indonesian indie rock band licensing their entire catalog to a digital streaming platform, with exclusive distribution rights in Southeast Asia starting March 2025, including provisions for both streaming and download revenues."

Document background
The Music Royalty Agreement serves as a crucial legal instrument in Indonesia's music industry, establishing the framework for compensating rights holders for the use of their musical works. This document is essential when there's a need to formalize the commercial relationship between creators or rights holders and those who wish to use or exploit musical works. It outlines detailed royalty calculation methods, payment terms, and usage rights while ensuring compliance with Indonesian Copyright Law No. 28 of 2014 and related regulations. The agreement is particularly relevant in today's digital age, covering both traditional and online distribution channels, and includes provisions for various types of music usage, from streaming to synchronization rights. It's designed to protect the interests of all parties while providing clear mechanisms for revenue sharing and dispute resolution under Indonesian jurisdiction.
Suggested Sections

1. Parties: Identification of the rights holder(s) and the licensee(s), including their legal status and contact details

2. Background: Context of the agreement, including brief description of the musical works and the intended commercial relationship

3. Definitions: Detailed definitions of key terms including 'Musical Works', 'Royalties', 'Net Revenue', 'Territory', and other relevant terms

4. Grant of Rights: Specific rights being granted, including territory, duration, and scope of use

5. Royalty Rates and Payments: Detailed breakdown of royalty percentages, calculation methods, and payment terms

6. Reporting and Accounting: Requirements for usage reporting, revenue calculations, and accounting procedures

7. Audit Rights: Rights and procedures for auditing royalty calculations and payments

8. Representations and Warranties: Declarations regarding ownership of rights, authority to enter agreement, and quality of works

9. Term and Termination: Duration of agreement and conditions for termination

10. Confidentiality: Provisions regarding confidential information and trade secrets

11. Governing Law and Dispute Resolution: Choice of Indonesian law and dispute resolution mechanisms

Optional Sections

1. Digital Distribution Rights: Additional provisions specific to digital platforms and streaming services

2. Synchronization Rights: Specific terms for use of music in audiovisual works

3. Sub-licensing Rights: Terms for allowing licensee to sub-license the musical works

4. Promotional Use: Terms for promotional or marketing use of the musical works

5. Moral Rights: Specific provisions regarding attribution and integrity of works

6. Collection Society Arrangements: Terms relating to collection society membership and payments

7. International Rights: Additional provisions for international exploitation of works

8. Minimum Guarantee: Terms for minimum guaranteed royalty payments

Suggested Schedules

1. Schedule A - Musical Works: Detailed list of all musical works covered by the agreement

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

3. Schedule C - Reporting Template: Standard format for regular royalty reporting

4. Schedule D - Territory Definition: Detailed description of territorial scope and any territorial restrictions

5. Schedule E - Approved Sub-licensees: List of pre-approved sub-licensees (if applicable)

6. Appendix 1 - Copyright Registrations: Details of copyright registrations for all musical works

7. Appendix 2 - Collection Society Registrations: Details of collection society registrations and assignments

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

Relevant legal definitions
Clauses
Relevant Industries

Entertainment

Media

Music

Digital Technology

Broadcasting

Publishing

Live Events

Film and Television

Advertising

Gaming

Relevant Teams

Legal

Rights Management

Licensing

Business Affairs

Royalty Administration

Copyright

Content Acquisition

Finance

Digital Operations

Artist Relations

Relevant Roles

Legal Counsel

Music Rights Manager

Copyright Administrator

Business Affairs Director

Licensing Manager

Artists and Repertoire (A&R) Manager

Music Publisher

Record Label Executive

Digital Rights Manager

Royalty Administration Manager

Contract Manager

Music Industry Consultant

Entertainment Lawyer

Content Acquisition Manager

Music Business Affairs Manager

Industries
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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