Song Share Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Song Share Agreement

"I need a Song Share Agreement under Saudi law for a collaboration between three songwriters, where the lead writer will retain 50% ownership while the other two will split the remaining 50% equally, with the agreement taking effect from March 1, 2025."

Document background
The Song Share Agreement is a crucial document used in the Saudi Arabian music industry to formalize the division of ownership rights and revenue streams among multiple parties involved in a musical work. This agreement becomes necessary when multiple creators, producers, or investors contribute to a song and need to establish clear terms for their respective rights and compensation. The document addresses various aspects including copyright ownership, revenue distribution, exploitation rights, and compliance with both international music industry standards and Saudi Arabian regulations. Given Saudi Arabia's unique legal framework, the Song Share Agreement must incorporate both modern entertainment industry practices and Shariah-compliant principles. The agreement is particularly relevant in the context of Saudi Arabia's growing entertainment sector and the increasing focus on developing local content while maintaining international standards.
Suggested Sections

1. Parties: Identification of all parties to the agreement including songwriters, composers, producers, and rights holders

2. Background: Context of the agreement, including the creation of the song and the parties' intentions to share rights

3. Definitions: Key terms used throughout the agreement including 'Musical Work', 'Revenue', 'Territory', 'Rights Period'

4. Ownership and Rights: Declaration of percentage shares and specific rights granted to each party

5. Revenue Share: Detailed breakdown of how revenue will be split between parties across different income streams

6. Payment Terms: Payment frequency, method, currency, and accounting procedures

7. Representations and Warranties: Parties' confirmations regarding ownership, originality, and right to enter agreement

8. Duration and Territory: Term of the agreement and geographical scope of rights

9. Exploitation and Promotion: Rights and obligations regarding the commercial exploitation of the song

10. Credit and Attribution: Requirements for crediting parties in releases and promotional materials

11. Termination: Circumstances under which the agreement can be terminated and consequences

12. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution procedures

Optional Sections

1. Moral Rights: Specific provisions regarding moral rights, particularly relevant if international exploitation is contemplated

2. Digital Platform Rights: Specific provisions for digital exploitation, including streaming and social media

3. Live Performance Rights: Terms regarding live performance revenue sharing, if applicable

4. Sampling Rights: Provisions regarding the right to sample the song or control sampling

5. Synchronization Rights: Specific terms for use in film, TV, or advertising if relevant

6. Religious Compliance: Specific provisions ensuring compliance with Islamic principles in song usage

7. Sub-Publishing: Terms for sub-publishing arrangements in different territories

8. Assignment Rights: Rights and restrictions regarding assignment of rights to third parties

Suggested Schedules

1. Schedule 1 - Song Details: Technical details of the song including duration, genre, recording date, studio

2. Schedule 2 - Revenue Split Percentages: Detailed breakdown of revenue shares across different income types

3. Schedule 3 - Approved Usage Guidelines: Specific guidelines for how the song may be used and exploited

4. Schedule 4 - Credit Requirements: Detailed requirements for how parties should be credited

5. Schedule 5 - Payment Details: Banking and payment information for all parties

6. Appendix A - Copyright Registration: Copies of copyright registration documents

7. Appendix B - Prior Agreements: Details of any pre-existing agreements affecting the song

8. Appendix C - Additional Contributors: List of additional contributors and their roles if applicable

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

Music

Media

Digital Content

Publishing

Intellectual Property

Legal Services

Creative Arts

Broadcasting

Relevant Teams

Legal

Rights Management

Business Affairs

Royalties

Publishing

Artist & Repertoire

Content Acquisition

Compliance

Finance

Creative

Relevant Roles

Music Rights Manager

Legal Counsel

Entertainment Lawyer

Copyright Administrator

Music Publisher

A&R Manager

Business Affairs Director

Contracts Manager

Royalty Manager

Music Producer

Artist Manager

Publishing Administrator

Rights Acquisition Manager

Compliance Officer

Entertainment Business 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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