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What is "Most Favoured Nations (MFN)?" agreements & contracts royalties & money

This term means that every nation will be treated equally and without preference. So
with music licensing it means that all songs used in an audiovisual production are
awarded the same fee.

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What is a "License?" agreements & contracts pitching & licensing

A license is an agreement where the licensor allows the licensee to use their music,
usually in return for a fee. If you license your work to someone, you still retain the
rights to the music.

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What is a "Licensee?" agreements & contracts pitching & licensing

The person or organisation to which a work is licensed

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What is "In Context Use?" agreements & contracts tv/film

This means that the music can only be used “in context” – i.e. in the agreed scene
for which it has been licensed, and not in any other scene or out of context use.

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What is "Exclusivity?" agreements & contracts licensing agents pitching & licensing

If you choose to have a third party company represent your music you can either ask
them to represent you exclusively, or have numerous companies represent you non-
exclusively.

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What is "Clearance?" agreements & contracts master & publishing rights

In order to use a piece of music, in most circumstances it needs to be ‘cleared’ by
the rights owners.

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What is a "Buy-out?" agreements & contracts custom music master & publishing rights

When you purchase a piece of music once, and never have to pay for it again.

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What is a "Blanket License?" agreements & contracts master & publishing rights pros royalties & money

A license which gives a user / organisation the authority to use all of the songs in a
Performing Right’s Organization’s repertoire for an annual fee.

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