An Agreement prior to Music Video Production

The Music Telegraph | Text 2023/02/09 [12:52]

An Agreement prior to Music Video Production

The Music Telegraph| 입력 : 2023/02/09 [12:52]

 

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An Agreement prior to Music Video Production

 

If a record label determines to produce a recording combining the audio performance of an artist with a visual image (such as "Music Video"), the company and the artist should mutually agree upon the budget and production costs (the "Production Budget") for such video or videos. All sums paid by the company as part of the production budget will be considered as an advance against royalties. The company will be the sole owner of all worldwide rights to each video, including the worldwide copyrights. The company will have the right to use and allow others to use each video for advertising and promotional purposes with no payment to the artist. "Advertising and promotional purposes" mean all uses for which company receives no money in excess of incidental fees such as tape stock and duplication and shipping. The artist will be entitled to a royalty for all revenue derived from commercial exploitation of the videos. The artist may issue a worldwide synchronization license for any controlled compositions embodied on a video. For a period of ___ years from the date of release of any video, the company will have the right to allow others to use the videos for commercial purposes. If the company licenses or commercially exploits the videos, the company should pay, after deducting all costs advanced for production, a royalty of ___% of the net revenues from any license or sale of such video. The artist grants to the company the right to synchronize the master recordings with visual images to create videos.

 

 

 

 

 

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