What kind of clauses should the company notice w...
“License first, use later” is the basic principle of the use of music copyright.The licensor and the licensee should sign a contract in time to reduce the copyright risk through the contract.The contract mainly includes: the basic information of the work (name, right owner, length or number of words, etc.), the type of right (one right / multiple rights,copyright, neighboring rights and / or derivative rights), and the licensing of other rights (right of portrait, name, handling infringement and obtaining compensation), territorial scope (China / Global), license duration (years / permanent), license consideration (whether it covers the consideration of promotion for the rights holder), payment date and method (lump-sum payment / payment by installments), commitments and guarantees, attribution of intellectual property rights, liability for breach of contract and termination of contracts, confidentiality clauses, notice and service, force majeure, dispute resolution, and miscellaneous.According to China’s current Copyright Law, except for personal rights that cannot be transferred and authorized, other property rights can be transferred and authorized, and each copyright property right has huge commercial development potential and value.Therefore, when signing a copyright licensing / transfer contract, one should be familiar with the risks of each clause to protect the legitimate rights and interests.(https://www.daowen.com)