As creators and entrepreneurs working in the music industry, the two types of intellectual property that interest us most are copyright and trademarks. Now that you have a better idea of copyright, you can start to see how it works in the music industry. In fact, copyright is the foundation of the music industry. Licensing is the conclusion of a contract with a third party that authorizes the use of the work for a specific purpose and period. For example, a songwriter may authorize a music publisher to allow the recording of his song by performers and record companies. These licenses may be exclusive and concern only one party, or not exclusively, involving several parties. Daniel Glass, President and Found of Glassnote Records, sums up the continuing relevance of record labels to artists as follows: “Rarely does an artist without a team break. A team supports the development of artists, receives music in stores, receives it on radio stations, organizes promotion, press and television. A team helps you cut the mass of music on social networks and streaming to get you to the top, so people can discover you. NOW, THEO, and in view of the reciprocal promises and agreements contained in it and which wish to be legally bound, the parties accept for themselves, their heirs, their successors, their personal representatives and the beneficiaries of the assignment, as follows: 1.
During the “term” below, the licensee has the non-exclusive and irrevocable right and license to use copyrighted music composition on the website, as well as in television advertising, radio, printing and promotion of deren. The licensee may also use compositional texts in print advertising. B. Notwithstanding the above, Music Publisher herein acknowledges that it will not license the use of the composition in advertising, marketing or promoting another website for the duration and potential extensions of this site. C. ASCAP or BMI, depending on the case, the composition on radio and television stations and networks in the United States, without special compensation, will be authorized by issuers or licensees, these rights will be granted under licensing agreements with broadcasters and networks. D. In the event that the purchaser wishes to use the composition on stations or networks that do not have a licensing agreement with ASCAP or BMI, this contract is considered a licence for these uses, without limitation or other compensation. E. The licensee has the right to modify, extend, adapt and make arrangements, and the licensee has the exclusive right to decide whether the work is published, published, produced or used by us, our successor or the beneficiary of the assignment, and how. The licensee has the right to obtain a legal copyright on the name of that person, company or company that he can choose anywhere in the world, and he or his agents have the right to obtain extensions and extensions of these copyright recordings.
2. DURATION. This agreement enters into force on the date on which it is fully implemented by both parties and is extended by one (1) year from the date of this agreement. It is automatically extended by one (1) year, unless one party informs the other party of its intention not to renew this agreement and that notification is heard in writing at least sixty (60) days before the expiry or end of the effective term. 3. COMPENSATION.