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Producer Royalties Contract
"I need a Producer Royalties Contract for a music production company based in Manila, covering international digital distribution rights and streaming platforms, with a 70-30 revenue split and quarterly royalty payments starting March 2025."
1. Parties: Identification of the contracting parties - the Producer and the Rights Holder(s)
2. Background: Context of the agreement and brief description of the project or works covered
3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Produced Works', 'Gross Revenue', 'Net Revenue', etc.
4. Grant of Rights: Specific rights granted to the Producer and any restrictions or limitations
5. Producer Services: Detailed description of the services to be provided by the Producer
6. Royalty Rates and Payments: Structure of royalty calculations, payment schedules, and payment methods
7. Accounting and Auditing: Requirements for financial record-keeping, reporting periods, and audit rights
8. Intellectual Property Rights: Ownership and protection of intellectual property created during the production process
9. Representations and Warranties: Standard representations and warranties from both parties
10. Term and Termination: Duration of the agreement and circumstances for termination
11. Confidentiality: Provisions for protecting confidential information
12. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes
13. General Provisions: Standard boilerplate clauses including notices, entire agreement, and amendments
1. International Rights: Include when the production may be distributed internationally, covering international royalty calculations and currency conversion
2. Digital Distribution: Include for works that will be distributed through digital platforms, specifying digital revenue calculations and platform-specific terms
3. Co-Production Arrangements: Include when multiple producers are involved, defining relationships and revenue sharing between producers
4. Minimum Guarantee: Include when there's a guaranteed minimum payment to the rights holder
5. Alternative Dispute Resolution: Include when parties prefer mediation or arbitration over court proceedings
6. Marketing and Promotion: Include when the producer has specific marketing responsibilities or rights
7. Moral Rights: Include specific provisions for moral rights protection under Philippine law when relevant to the creative work
1. Schedule A - Works Covered: Detailed list and description of all works covered by the agreement
2. Schedule B - Royalty Calculation Methods: Detailed breakdown of royalty calculations for different revenue streams
3. Schedule C - Approved Production Budget: Detailed production budget and cost categories
4. Schedule D - Payment Schedule: Specific payment dates, reporting periods, and payment thresholds
5. Schedule E - Territory Definitions: Detailed definition of territories for distribution and royalty purposes
6. Appendix 1 - Reporting Template: Standard format for regular royalty reports
7. Appendix 2 - Required Deliverables: List of all materials and deliverables required from the Producer
Authors
Music Industry
Film and Television
Digital Media
Entertainment
Gaming Industry
Advertising
Performing Arts
Animation
Publishing
Content Creation
Legal
Finance
Business Affairs
Royalties Administration
Production
Creative
Copyright
Accounting
Artist Relations
Business Development
Rights Management
Producer
Executive Producer
Content Creator
Artist Manager
Legal Counsel
Contracts Manager
Finance Manager
Royalties Administrator
Business Affairs Director
Copyright Administrator
Creative Director
Production Manager
Rights Manager
CFO
CEO
Talent Manager
Publishing Manager
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