Video & Audio Release & Monetization Agreement

It has to be made on 100 rupees stamp paper (Notary)

This Agreement is made on this ___ day of ______, 20__ between:

1. JAY FILMS PRODUCTION
   (Hereinafter referred to as ‘Publisher/Company’)
   
   

AND

2. [Artist/Creator Name]
   (Hereinafter referred to as ‘Creator/Owner’)
   
   

Terms & Conditions

1. Grant of Rights
   – The Creator grants full and exclusive permission to the Company to use, publish, distribute, edit, monetize, promote, and reproduce the video/audio content provided by the Creator.
   – These rights are granted worldwide and may include platforms such as YouTube, Facebook, Instagram, OTT, television, and other digital/physical mediums.
   
   
2. Revenue Sharing
   – After the Creator’s channel/content is monetized, the revenue generated will be shared as follows:
   – Company: 30% (Thirty Percent)
        – Creator: 70% (Seventy Percent)
      – Payments will be made on a monthly/quarterly basis (as mutually agreed) after receipt of revenue from YouTube/MCN Network.
   
   
3. MCN Network
   – The Creator’s channel/content shall be connected with the Company’s MCN (Multi-Channel Network) for monetization and revenue sharing.
   
   
4. Duration / Lock-in Period
   – This Agreement shall remain valid for 5 (Five) years from the date of signing.
   – During this period, the Creator cannot remove the channel from the Company’s MCN or terminate the Agreement without written consent of the Company.
   
   
5. Ownership & Rights
   – The Creator confirms that the submitted video/audio is original and does not violate any third-party copyright.
   – The Creator retains original authorship/ownership of the content but grants the Company exclusive rights to monetize and distribute the content for the lock-in period.
   
   
6. Indemnity
   – The Creator agrees to indemnify the Company against any legal claim, copyright strike, or third-party dispute arising out of the content provided.
   
   
7. Termination
   – Either party may terminate this Agreement only after completion of the 5-year lock-in period.
   – Any revenue earned or pending during the Agreement period shall be settled as per the revenue-sharing clause.
   
   
8. Stamp Duty
   – This Agreement shall be executed on a stamp paper purchased in the name of the Creator.
   – The cost and procurement of the stamp paper shall be the sole responsibility of the Creator.
   
   

Signatures

Publisher/Company
Name: ____________________
Signature: _______________
Date: ____________________

Creator/Owner
Name: ____________________
Signature: _______________
Date: ____________________