Agreement under which an artist is engaged by a company to compose, arrange, record, and produce a piece of music to be used in the company’s own production (TV, Film, Video Game, etc.).
The artist receives a full and final fee as remuneration for the services provided and all copyrights are transferred to the company and moral rights waived. However, the artist remains entitled to his/her writer’s share of public performance royalties received directly from his/her performance right society (PRS, BMI, ASCAP, GEMMA, etc.).
Company gets granted a license to use the artist’s name, likeness, voice, and biographical data in relation to the company’s production and the artist promises that the music delivered to the company does not infringe any third party’s copyright.
Useful for companies looking to commission both recordings and compositions from an artist for use in TV productions, films, etc.