An exclusivity clause prevents a party from fulfilling the same promise or similar commitments to an outside entity. For example, registration, publication, distribution and pro transactions are exclusive, since they involve the granting of exclusive rights licenses. The companies require that they be, for the duration of the contract, the only companies authorized to exploit all the rights that the musician granted them in the contract. The artist will have to promise the label that they will do their best and that they will be free to conclude the agreement, i.e. they are not signed to another label at the moment. Specifically, they must promise to participate in interviews and to make a personal representation and all other reasonable advertising tasks. The costs associated with the latter (for example. B travel and accommodation) are the responsibility of the label. Get the 25 contracts you need to launch your label, all designed by an experienced entertainment lawyer. Includes contracts between your artists, songwriters, producers, publishers, photographers and more. The musician signs an agreement with a company to produce a certain quantity of goods. A Record Company joint venture contract is a contract that is used when two or more record companies wish to enter into an agreement to do a joint project. “Master Recording” – any recording of sound or sound more video, according to any method that is now known or discovered in the future, used in the recording, production and production of discs or video.

According to this agreement, a master-recording of a single song will last no less than 2.25 minutes. It is important to note that this term is binding and if the clause stipulates, for example, that the agreement is valid until 11:59 p.m. on December 31, that timetable must be strictly adhered to. Legal disputes can and do occur when the parties attempt to grant rights to their works to other entities before the end of the current contract term. The MFN clause in a music industry contract stipulates that one party must give the other party a level playing field or better than it has with an outside party.