Song Ownership Contract Template for Saudi Arabia

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Key Requirements PROMPT example:

Song Ownership Contract

"I need a Song Ownership Contract for transferring all rights to my original Arabic pop song to a major record label in Riyadh, with an upfront payment of 50,000 SAR and 5% ongoing royalties, to be executed by March 2025."

Document background
The Song Ownership Contract is a crucial legal instrument used in the Saudi Arabian music industry for transferring complete ownership rights of musical compositions from one party to another. This document is essential when selling or purchasing songs, whether as individual works or as part of a larger catalog. It is specifically designed to comply with Saudi Arabian copyright law, including Royal Decree No. M/41, and Sharia principles, while incorporating international copyright standards as Saudi Arabia is a signatory to the Berne Convention. The contract covers all aspects of ownership transfer, including intellectual property rights, moral rights, financial terms, and registration requirements. It's particularly relevant in scenarios involving professional songwriters, music publishers, record labels, or investors looking to acquire music assets in Saudi Arabia.
Suggested Sections

1. Parties: Identification of the seller (current owner/composer) and buyer, including full legal names and addresses

2. Background: Context of the song creation, current ownership status, and purpose of the transfer

3. Definitions: Key terms including 'Musical Work', 'Sound Recording', 'Rights', 'Territory', and other relevant definitions

4. Subject Matter: Detailed description of the song(s) being transferred, including titles, registration numbers, and creation dates

5. Transfer of Rights: Explicit transfer of ownership and all associated rights, specifying the complete transfer of copyright ownership

6. Consideration: Purchase price, payment terms, and any ongoing royalty arrangements

7. Seller's Warranties: Warranties regarding ownership, originality, non-infringement, and authority to transfer

8. Moral Rights: Treatment of moral rights in accordance with Saudi law, including attribution rights

9. Completion and Registration: Process for completing the transfer and registering the new ownership

10. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes

Optional Sections

1. Royalty Provisions: Detailed terms for ongoing royalty payments if the sale includes revenue-sharing arrangements

2. Third Party Rights: Provisions dealing with any third-party interests or licenses that will survive the transfer

3. International Rights: Specific provisions for international exploitation if the song has international market potential

4. Sampling Rights: Provisions regarding the right to use samples from other works, if applicable

5. Co-Writer Provisions: Additional terms if the song has multiple writers or owners

6. Publishing Rights: Specific terms regarding publishing rights if being handled separately from main ownership

7. Future Works: Provisions regarding derivative works or future versions of the song

Suggested Schedules

1. Schedule A - Song Details: Complete technical details of the song including duration, key, tempo, and any unique identifiers

2. Schedule B - Copyright Registrations: List of all copyright registrations and documentation related to the song

3. Schedule C - Payment Schedule: Detailed breakdown of payment terms, installments, and payment mechanisms

4. Schedule D - Existing Licenses: List of any existing licenses or agreements that affect the song

5. Appendix 1 - Song Lyrics: Complete lyrics of the song in all relevant languages

6. Appendix 2 - Musical Score: Musical notation and/or chord sheets of the song

7. Appendix 3 - Transfer Documents: Forms and documents required for copyright office registration of the transfer

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

Publishing

Digital Content

Performing Arts

Copyright & Intellectual Property

Legal Services

Investment Management

Cultural Industries

Relevant Teams

Legal

Business Affairs

Intellectual Property

Rights Management

Licensing

Artist & Repertoire

Publishing

Music Administration

Contract Management

Royalty Administration

Relevant Roles

Music Publisher

Copyright Lawyer

Entertainment Attorney

A&R Manager

Music Rights Manager

Legal Counsel

Contract Administrator

Intellectual Property Specialist

Music Business Affairs Director

Licensing Manager

Music Investment Analyst

Royalty Manager

Music Portfolio Manager

Copyright Administrator

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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