7 Music Licensing Contract Template

royalty free music license agreement template workforce
  • Download a template for a licensing agreement.
  • Choose your role as the licensor or licensee.
  • Define the license(s) in the agreement.
  • Decide whether the license is exclusive or not.
  • Settle the matter of fees and payment schedule.
  • Add a renewal date and rules.
  • What is an example of a licensing agreement?

    An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.

    How do you write a music contract?

  • Recording company details (name, contact info)
  • Artist details (group name, names of each artist, contact info)
  • Production details, e.g. studio address, recording session dates, control over song selections on the recording, and control over album title.
  • How do you negotiate music licensing?

    When someone makes a licensing request for your music, start acting like a publisher: Step 1 – ask questions about the project, understand what you're working with; Step 2 – look at what others are charging in similar situations; Step 3 – fix the price based on what you've found out in steps 1 and 2. via

    What are the 3 P's of licensing?

    The 3 P's of collegiate licensing are protection, promotion, and profit. via

    What is a typical licensing agreement?

    A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor. via

    What do licensing royalties typically cost?

    Although rates ranging from 3% to 8% of net sales are common, each licensing agreement is unique and the only consensus that matters with respect to royalty rates is the one that occurs between the licensor and the licensee as a result of negotiations. via

    Who has the best music contract?

  • Michael Jackson — $250 million (2010)
  • U2 — $200 million (1993)
  • Lil Wayne — $150 million (2012)
  • Jay Z — $150 million (2008)
  • Bruce Springsteen — $150 million (2005)
  • Adele — $130 million (2016)
  • Robbie Williams — $125 million (2002)
  • Madonna — $120 million (2012)
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    What is a single song agreement?

    (1) Single Song Agreement: A single song deal is an agreement between the writer and the music publisher in which the writer grants certain rights to a publisher for one or more songs. In single song deals, the writer is paid a one-time recoupable advance. via

    How does a music contract work?

    Under the deal, a label generally pays for making, distributing and marketing the recordings. The label invests in your music and development, then you pay them back a set amount from your earnings. The label also agrees to pay you a set share of money from recording sales – known as the royalty rate. via

    What are the types of licensing?

    How to decide between types of licensing agreements

  • Patent Licensing. Patents cover science and innovation.
  • Trademark Licensing. Trademarks are signifiers of commercial source, namely, brand names and logos or slogans.
  • Copyright Licensing.
  • Trade Secret Licensing.
  • Exclusive.
  • Non-exclusive.
  • Sole.
  • Perpetual.
  • via

    What companies use licensing?

    Examples. Examples of franchises include McDonalds, Subway, 7-11 and Dunkin Donuts. Examples of licenses include a company using the design of a popular character, e.g. Mickey Mouse, on their products. via

    What is the difference between franchising and licensing?

    Franchises and licenses are both business agreements in which certain brand aspects are shared in exchange for a fee. However, a franchising agreement pertains to a business's entire brand and operations, while a licensing agreement only applies to registered trademarks. via

    Who is exempt from music licensing?

    Two types of music users are exempt, under different standards: a food service or drinking establishment (defined as "a restaurant, inn, bar, tavern, or any other similar place of business in which the public or patrons assemble for the primary purpose of being served food or drink, in which the majority of the gross via

    How much does a music license cost?

    The simple answer is that there is no set cost. In other words, the cost of licensing a famous song can vary quite a bit. If it is a song by a small independent artist, the cost of a license could be between $50 and $150. via

    Who needs a BMI music license?

    BMI is a Music Performing Rights Organization

    Businesses which typically license music include broadcast radio and TV stations, cable radio and TV stations, places such as nightclubs, hotels, discos, and other establishments that use music in an effort to enhance their business. via

    How much should I charge to use a song?

    How much does it cost to license a song? The cost to license a copyrighted song can vary widely. The cost for a song from a small independent artist might be less than $100, while a track by a major artist or label can run thousands of dollars. Some licenses might also charge you a percentage of revenue instead. via

    How much should I charge for a sync license?

    Having said that the average sync fees for one-stop tracks range between $2000 and $5000 USD (master and publishing) for TV shows. License fees vary so much these days especially for commercials and it all comes down to where the campaign will be aired, for how long and the amount of edits the commercial will have. via

    How much do commercials pay to use a song?

    A song used as the theme song for a film might get $50,000 to $75,000. Commercials fetch even more money: "a song can command anywhere from $25,000 to $500,000 plus per year. The typical range for a well-known song is $75,000 to $200,000 for a one year national usage in the United States, on television and radio." via

    What is the difference between a lease agreement and a Licence agreement?

    Fundamental differences between a lease and a licence

    In particular, a lease grants an interest in land which gives a tenant exclusive possession and security of tenure. A licence is a more flexible arrangement and does not afford the same security of tenure as a lease. via

    What are the three P's of licensing programs and what do they mean?

    Protect, Promote, Profit. via

    How do licensors get paid?

    The Licensor receives a perpetual/time bound payment as a percentage of sales in regards for using the intellectual property. You can take for example – an earning from copyright, patent on new products, and consumer product licensing more. Royalties and license are members of same royal family. via

    What are the disadvantages of licensing?

    List of the Disadvantages of Licensing

  • It increases opportunities for IP theft.
  • It creates a dependency upon the licensor.
  • It creates added competition in the marketplace.
  • It is offered for a limited time.
  • It could damage the reputation of both parties.
  • It is not a guarantee of revenues.
  • via

    What are the pros and cons of licensing?

    via

    What is the difference between licensing and royalties?

    Royalties are usage-based payments for using an asset or property. It's generally a percentage of gross revenue or net profit. Meanwhile, a licensing fee is money paid by someone using someone's property, but this fee is generally a fixed amount. via

    How much can you make from licensing a product?

    It's creativity and productivity on your own terms! Having this type of freedom and flexibility in your life is worth more than money to many of you. And you may not become a millionaire, but you can easily earn $50,000, $100,000, or even $200,000 per year from licensing your ideas when you play it smart. via

    How do I get a licensing deal?

  • Firmly establish ownership. A good contract should clearly state what rights are being granted pertaining to the intellectual property in question.
  • Do not overlook definitions.
  • Define the royalty system.
  • Explain the quality assurance monitoring process.
  • Be aware of government regulations.
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    How do you account for licensing fees?

    The fees that the business paid for those licenses are included as an expense. If the license is for multiple years or accounting periods and is acquired by paying an initial fee, the license is recorded as an asset on the balance sheet and its value equals what it cost to acquire the license. via

    Who is the most powerful man in music?

    via

    Who is the biggest record deal?

    In August 1996, R.E.M signed what was billed at the time as the largest recording contract ever. The five album deal with Warner Brothers Records was worth an estimated $80 million dollars. via

    What is the best record label to get signed to?

  • Sony Music Entertainment: Widely popular by the name “Sony Music”, this American music company was founded in 1929 by the name American Record Corporation.
  • Universal Music Publishing Group:
  • Warner Music Group:
  • Island Records:
  • BMG Rights Management:
  • ABC-Paramount Records:
  • Virgin Records:
  • Red Hill Records:
  • via

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  • Play the radio. If your store area is smaller than 2,000 square feet, you can play the radio or television as a source of music and avoid all fees.
  • Play classical music.
  • Play copyright-free music.
  • Play original music.
  • Sell recorded music.
  • Cut out a performing rights society.
  • When someone makes a licensing request for your music, start acting like a publisher: Step 1 – ask questions about the project, understand what you're working with; Step 2 – look at what others are charging in similar situations; Step 3 – fix the price based on what you've found out in steps 1 and 2.