I. Introduction:
- The requirements that clients must meet in order to receive services from Lady Key Management, a music rights management and advocacy partnership are outlined below.
- It is important for clients to adhere to these requirements to ensure a smooth and productive engagement with our services.
II. General Requirements:
- Client Agreement: All clients must sign a formal client agreement that outlines the scope of services, fees, and any specific terms and conditions applicable to the engagement.
- Legal Capacity: Clients must have the legal capacity to enter into contracts, and any representatives must be authorized to act on behalf of the client.
- Transparency: Clients must provide accurate and complete information about their music rights, income, and other relevant details to facilitate effective rights management.
- Professionalism: Clients are expected to maintain professional conduct and communication throughout the engagement.
III. Registration with PRO and CMO:
- PRO Registration: Clients must be registered with the appropriate Performing Rights Organization (PRO) in their respective country or region. This registration is necessary for the collection of performance royalties.
- CMO Registration: Clients must also register with any relevant Collective Management Organization (CMO) responsible for the administration of mechanical rights, synchronization rights, or neighboring rights in their territory.
IV. Commitment Requirements:
- Rights Manager Services: Clients engaging in rights management services must commit to a minimum of 24 months for ongoing representation and management of music rights.
- Artist Advocacy Package: Clients availing the Artist Advocacy Package must commit to a minimum one-year engagement for comprehensive advocacy services.
V. Budget Requirements:
- Release Campaigns: Clients planning release campaigns must have a minimum marketing budget of $5,000 to initiate these services.
VI. Hourly Services:
- Hourly Services: Clients requesting hourly services are subject to a minimum requirement of 8 hours for each engagement.
VII. Termination of Copyright Transfer Services:
- Termination Services: Clients interested in termination of copyright transfer services must adhere to the consultation and filing fee requirements. Additional fees may apply if a trial is necessary.
VIII. Miscellaneous Requirements:
- Legal Compliance: Clients must comply with all relevant copyright laws and regulations, and any legal requirements associated with music rights management.
IX. Consultation:
- Initial Consultation: Clients are encouraged to schedule an initial consultation to discuss their specific needs and assess the suitability of our services.
X. Conclusion:
Meeting these requirements ensures that clients receive tailored and effective services from Lady Key Management. Our goal is to empower artists and content creators while delivering value to investors. Clients are encouraged to reach out for further clarification on these requirements and to discuss how we can best serve their unique needs.
Please note that these requirements may evolve over time, and it is essential for clients to verify the latest requirements before engaging with our services.