Document background
The Master Recording Agreement is a fundamental contract in the Australian music industry, used when a record label signs an artist or band for the purpose of creating and commercially exploiting recorded music. This agreement is essential for establishing the rights, obligations, and commercial terms between the parties, including recording commitments, ownership of masters, royalty structures, and exploitation rights. It must comply with Australian copyright law, competition law, and consumer protection regulations while addressing modern digital distribution channels. The agreement typically includes provisions for recording budgets, marketing commitments, and various revenue streams, making it suitable for both established and emerging artists in the Australian market.
