Académique Documents
Professionnel Documents
Culture Documents
Dylan R. Butler
3 East St. Oneonta, N.Y. 13820
Abes Honest Publishing Co.
123 Sesame Street
Troy, New York 12182
October 27th, 2015
Dear Prospective Publisher:
I am interested in having you exploit my creative work. This is my proposal:
1. SERVICES
I am seeking you, Abes Honest Publishing Co., to be the sole and exclusive publisher of
all musical works that I generate for an agreed upon term. This agreement shall include,
but is not limited to, lyrics, music, and the combination of in song form as well as any
collaborative efforts. This contract will not be applied to other intellectual property that I
may create such as books, films, or theatrical presentations. 1
2. TERM
The term of our agreement will begin upon a contractual signature from both
Parties. Upon the conclusion of the term, so will my exclusiveness to you as a songwriter.
I am seeking a contract to last no longer than my current recording contract. I have signed
a 3-year recording contract with Civil Records and the term of this agreement shall be coterminus with my record contract unless an agreement to the contrary is made before the
date of termination. The length of this publishing deal will be a minimum of one year
with two additional exercisable options.2
3. TYPE OF AGREEMENT
After the terms have been accepted and this deal memo negotiated, both parties will be
contractually engaged in an Exclusive Songwriter Agreement, or ESA. The scope and
rights given in this agreement are expressed below.
4. MINIMUM DELIVERY AND RELEASE COMMITMENT
I will deliver to the publisher no less than fifteen commercially exploitable songs per
year.2
5. RIGHTS GRANTED AND RIGHTS RETAINED
(a) It will be your responsibility to secure valid copyright protection for my songs in any
part of the world that they will be exploited. I will expect you to pay my copyright
registration fee to the U.S. Copyright Office for all songs I write during the term of our
publishing agreement.3
(b) I grant you the publisher the right to exploit my songs in any way deemed profitable
which may include but it not limited to movies, television shows, merchandising, and
commercials, my prior consent and notification will be required before exploitation.
assigned rights to the lyrics and lyrical reprints on sheet music folios, concert programs,
album liner notes, and with my permission, selected web sites.9
8. TERRITORY
This agreement shall be valid in any state in the United States and any European country
contained within the European Union (EU) as well as Japan and Australia. Any
exploitation in areas outside of these territories will not be permitted by the terms of this
agreement unless I approve in writing prior to exploitation.10
9. EXCLUSIVITY
For the duration of this term, I, the writer, will not permit the publication of my musical
works to any other company aside from Abes Honest Publishing Co. I will retain
ownership of musical works that I wrote prior to this term. You shall evaluate any
material that I produce during this term. A notification of acceptance or rejection will be
required to me within 50 days of delivery. I will retain ownership in all rejected material.
11
10. ROYALTIES
Provided that both parties uphold the terms and conditions of our contract;
(a) I will receive 50% of the net income of what you the publisher receive for the print
exploitation of my musical works, based on no less than 20% of the wholesale selling
price.
(b) I will not attempt to claim any performance royalties you receive from any
Performance Rights Organizations, both foreign and domestic.
(c) You will receive 50% of all net sums for mechanical royalties and 50% of all net
sums for synchronization royalties. I will receive the other 50% of all net sums for
mechanical a synchronization royalties. In addition, I will receive 50% of any
nonreturnable advances you receive for my compositions. All production costs will be
charged against your share of the ownership/income.
(d) With regards to the mechanical rate, I would like full current statutory rate requested
to any Record Label interested in the exploitation of my songs, 9.1 cents for under five
minutes or 1.75 cents per minute, whichever is greater. 12
11. ADVANCES
(a) I will receive an advance of $40,000 for the musical works and will retain 50%
copyright ownership.
(b) At the conclusion of our term, conditional upon the full performance of all the
preceding terms and conditions, there will be two one year options negotiated for contract
renewal.
First renewal term: $50,000
Second renewal term: $60,000
(c) The minimum advance given based on a poor year of exploitation and profit shall be
no less than 60% of the year priors advance. In accordance with standard procedure the
maximum advance shall not be greater than double the minimum amount.13
This article will serve as the basic outline and basis of a contract of which we can further
negotiate. Please look it over and respond with your thoughts and intentions. If you
generally agree with the terms I listed above, please send me a prospective publisher
agreement so that my attorney and I can discuss a possible deal. Thank you for taking the
time to read this deal memo.
Sincerely,
John W. Booth