Music Product definition
Examples of Music Product in a sentence
See clause 1.2 Music Product Commercial product predominantly comprising performance(s) of music.
With respect to each Music Product, the Master Recordings and Master Tapes, owned, leased, licensed or controlled by the Company and its Subsidiaries respecting such Music Product are sufficient to produce Records and copies, prints, video products and other reproductions necessary or required for exploitation of the Music Product.
Schedule 1.1(b) lists Music Product that account for at least 80% of the sum of (a) Consolidated Net Publisher’s Share and (b) Consolidated Net Label Share, in each case, for the twelve months ended as of March 31, 2021.
Content Owner promptly shall notify the DISTRIBUTORS in writing if, and to the extent Content Owner does not now have or shall at anytime during the Digital Term no longer have the right to distribute a particular Music Product (in whole or in part) within any or all countries of the Territory.
As used in this paragraph, “Total Revenue” shall mean all monies received by the DISTRIBUTORS for digital distribution of a Music Product by the DISTRIBUTORS’s licensees, regardless of the type of digital distribution (e.g., sales, subscription, streaming, downloads, etc.) The DISTRIBUTORS shall provide to Content Owner a quarterly statement of Total Revenue, starting from January of each year, showing the amount(s) received and the source of such revenue.
Music Product Commercial product predominantly comprising performance(s) of music.
For all digital distribution done by third party licensees of the DISTRIBUTORS, the DISTRIBUTORS agrees to pay Content Owner a royalty of Fifty percent (50%) of Total Revenue received by the DISTRIBUTORS for each Music Product sold under this Rider.