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Basic rights: With a beat leasing contract, the producer maintains full ownership and may continue to sell the instrumental until an exclusive license is purchased for it, after which it can no longer be sold again.
With a non-exclusive license, the producer grants the artist permission to use the beat to create a song of their own and distribute it online. The producer will still retain copyright ownership (more about this later) and the artist has to adhere to the rights granted in the agreement.
A typical lease price for a beat can be anywhere from $15 to $35 in most cases, so you'll immediately save money that can be better used elsewhere.
The Non-Exclusive License AgreementYou give the licensee (e.g. a production music library) the right to offer your song to a third-party. The third-party can purchase the right to use your song. The licensee pays you part of the fee received from the third-party.
Write the general terms of the contract.Indicate the specific name(s) of the beat(s) you are leasing to the other party.Write the length of time and specific purposes the beat(s) can be used for, if appropriate.Define the financial terms of the agreement in as much detail as possible.More items...