The business terms for Music Library sales are designed to be straightforward and rightsholder-friendly, ensuring transparency and fairness in our clientship. Here are the key terms:
- Fees: We operate on a revenue-sharing model. Our standard commission is 30% of the net revenue generated from each sync license your music secures. This means we only earn when you earn, aligning our interests with yours to maximize your revenue.
- Non-Exclusive License: The Music Library license granted is non-exclusive, allowing you the flexibility to distribute your music through other channels simultaneously. You maintain ownership of your music and can explore additional revenue streams outside of our agreement.
- Term and Termination: The standard contract duration is one year, with automatic annual renewals. Either party may terminate the agreement by providing three months’ written notice before the current term expires.