Free Media Rights Agreement Creator - Create Online

MEDIA RIGHTS AGREEMENT

This Media Rights Agreement (the "Agreement") is made and entered into as of the date last written below (the "Effective Date") by and between Horizon Media ("Licensor") and __________________ ("Licensee").

1. GRANT OF RIGHTS

1.1. Scope of the Grant

Licensor hereby grants to Licensee the non-exclusive, non-transferable, and non-sublicensable right to distribute, transmit, and publicly perform the 90-minute concert featuring the top-charting artist (the "Artist") at the sold-out arena (the "Concert") over the various media platforms as described herein, conditioned upon the terms and subject to the limitations set forth in this Agreement.

1.2. License Term

The term of this Agreement will commence on the Effective Date and continue for a period of five (5) years, unless terminated earlier in accordance with the provisions of this Agreement (the "License Term").

1.3. Territory

The rights granted hereunder are limited to distribution within the United States and its territories (the "Territory").

2. FEES AND ROYALTIES

2.1. License Fee

Licensee shall pay to Licensor a one-time license fee of ________ United States Dollars (USD _____) (the "License Fee"), payable within thirty (30) days from the Effective Date for the rights granted hereunder.

2.2. Royalty Rate

In addition to the License Fee, Licensee shall pay to Licensor a royalty of eight percent (8%) of the Gross Receipts (as defined below) attributable to the Concert distributed by the Licensee under this Agreement (the "Royalties").

2.3. Reporting and Payment

Licensee shall report to Licensor all Gross Receipts and other information reasonably necessary for Licensor to verify the Royalties payable hereunder within forty-five (45) days after the end of each calendar quarter during the License Term. Such report shall be accompanied by the payment of the Royalties due.

2.4. Audit Rights

Licensor shall have the right, at its expense, to conduct an audit of Licensee's books and records relating to the calculation of the Royalties hereunder, upon reasonable notice and during normal business hours.

3. DISTRIBUTION CHANNELS

3.1. Permitted Distribution Channels

Licensee may distribute the Concert through the following media platforms: (a) linear television (broadcast, cable, and satellite); (b) digital media platforms (e.g., streaming, digital download, video on demand), and (c) physical media (e.g., DVDs) for the home video market.

3.2. Reservation of Rights

All media platforms not expressly granted herein are reserved by Licensor.

4. USAGE RESTRICTIONS

4.1. Non-Competition

Licensee shall not exploit the Concert in any manner that competes with, or may have the effect of reducing revenues from, the Artist's commercial recordings and other licensed products.

4.2. Attribution and Moral Rights

Licensee shall credit the Licensor and the Artist in the manner specified by Licensor in each public performance and distribution of the Concert and shall not commit any act which may be prejudicial to the Artist's honor or reputation or in violation of the Artist's moral rights.

5. WARRANTIES AND REPRESENTATIONS

5.1. By Licensor

Licensor represents and warrants that: (a) it is the exclusive owner of the rights to the Concert; (b) it has the right and authority to enter into this Agreement and grant the rights herein; and (c) the Concert and the exercise of the rights granted herein do not infringe or violate the rights of any third party.

5.2. By Licensee

Licensee represents and warrants that: (a) it has the right and authority to enter into this Agreement and perform its obligations hereunder; (b) it shall comply with all applicable laws and regulations in its performance under this Agreement; and (c) it shall use commercially reasonable efforts to distribute the Concert within the Territory during the License Term.

6. INDEMNIFICATION

Licensee shall indemnify, defend, and hold harmless Licensor, its affiliates, and their respective directors, officers, employees, and agents from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with any breach or alleged breach of any of Licensee's warranties, representations, or obligations under this Agreement.

7. TERMINATION

7.1. Material Breach

Either party may terminate this Agreement upon written notice to the other party if such other party fails to cure a material breach of its obligations hereunder within thirty (30) days after receipt of a notice specifying the breach in reasonable detail.

7.2. Upon Expiration or Termination

Upon expiration or termination of this Agreement for any reason, Licensee shall cease all use, distribution, and exploitation of the Concert.

8. MISCELLANEOUS

8.1. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the United States, without regard to its conflict of laws principles.

8.2. Entire Agreement

This Agreement constitutes the entire understanding between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, negotiations, and understandings, whether oral or written, relating thereto.

8.3. Amendments

No amendment or modification of this Agreement shall be binding unless executed in writing by both parties.

8.4. Waiver

Any waiver of any term or condition of this Agreement must be in writing and shall not be construed as a waiver of any subsequent breach or failure of the same term or condition, or a waiver of any other term or condition of this Agreement.

8.5. Severability

If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not be affected thereby.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement by their duly authorized representatives as of the date first above written.

HORIZON MEDIA ("Licensor")
By: __________________
Name: ________________
Title: ________________
Date: ________________

____________________ ("Licensee")
By: __________________
Name: ________________
Title: ________________
Date: ________________