Terms & Conditions

Honesty and transparency is important in this business– here’s an enlarged and easily translated version of the “Fine Print.”

Definitions

The following terms shall have the following meanings for purposes of this Agreement:

Digital Master or Digital Masters means copies of RIGHTS HOLDER Content in digital form, which Stabbed.lol Records may sell or authorize Distributors to sell worldwide via permanent digital download, streams or burns or otherwise, as individual tracks or as a whole album or otherwise, or via any other “electronic commerce” or “eCommerce” channel/platform now known or hereafter developed, without restriction, pursuant to the terms and conditions of this Agreement.

Distributor means any third-party vendor/platform, including, without limitation, iTunes, Amazon, Spotify, Myspace, Facebook, Spotify, Twitter, etc., that Stabbed.lol Records may authorize to carry out the marketing, distribution, streaming, display, and sale or other use of the Digital Masters pursuant to the terms of this Agreement (including on demand burns). It is understood that Stabbed.lol Records currently sub-distributes Content via a third-party parent distribution entity/ies, but RIGHTS HOLDER shall be in breach if it contacts such party parent distributor(s) for any reason, unless with Stabbed.lol Records’ prior consent.

Term: Either party can terminate, for any reason, and at any time with 60 days prior written notice subject to paragraph 7. Until such time, the Term is ongoing/continues.Territory: The Universe.

RIGHTS HOLDER Content means sound recordings and underlying musical compositions that RIGHTS HOLDER has made available to Stabbed.lol Records either before or during the Term. Any sound recordings and the underlying musical composition that are provided by or on behalf of RIGHTS HOLDER to Stabbed.lol Records must be and are owned or controlled by RIGHTS HOLDER and/or have been cleared by RIGHTS HOLDER.

Artwork means album cover artwork and any other artwork relating to RIGHTS HOLDER Content that RIGHTS HOLDER has made available to Stabbed.lol Records. Any artwork that is provided by or on behalf of RIGHTS HOLDER to Stabbed.lol Records before or during the Term will be deemed to have been cleared by RIGHTS HOLDER (and shall be deemed included in the definition of Content for the purposes of this agreement).

Authorization

Subject to the terms of this Agreement, RIGHTS HOLDER hereby appoints Stabbed.lol Records as RIGHTS HOLDER’s authorized representative for the sale and other distribution in all digital and/or electronic configurations of all Digital Masters (and related Content, including the songs embodied therein) controlled by RIGHTS HOLDER at digital stores/platforms/sites worldwide. RIGHTS HOLDER agrees to supply Stabbed.lol Records with ready-for-sale digital files as requested by Stabbed.lol Records at RIGHTS HOLDER’s sole expense. RIGHTS HOLDER agrees to deliver these Digital Masters to the server as directed by Stabbed.lol Records. Additionally, RIGHTS HOLDER hereby grants rights to Stabbed.lol Records, during the Term, the right to: (i) reproduce and convert RIGHTS HOLDER Content delivered by RIGHTS HOLDER into Digital Masters; (ii) promote, sell, stream, display, distribute and electronically fulfill and deliver Digital Masters, as individual tracks or entire albums or otherwise, without restriction, and associated metadata to purchasers who may use such Digital Masters; (iii) display and electronically fulfill and deliver Artwork for personal use; (iv) use RIGHTS HOLDER Content, Artwork, and metadata as may be reasonably necessary or desirable for Stabbed.lol Records to exercise Stabbed.lol Records’ rights under the terms of this Agreement; and (v) authorize or appoint any third-party Distributors to perform the activities (i)-(iv).

RIGHTS HOLDER shall obtain and pay for any and all necessary clearances and licenses in the Territory for all RIGHTS HOLDER Content, music, and Artwork. Specifically, RIGHTS HOLDER shall be responsible for and timely pay (i) any and all royalties and other income due to artists, authors, co-authors, copyright owners, co-copyright owners, producers, and other record royalty participants from sales or other uses of Digital Masters; (ii) all mechanical royalties payable to publishers and/or authors or co-authors of copyrighted musical compositions embodied in Digital Masters from sales or other uses of Digital Masters, (iii) all payments that may be required under collective bargaining agreements applicable to RIGHTS HOLDER or third parties, and (iv) any other royalties, fees, and/or sums payable with respect to the RIGHTS HOLDER Content, Artwork, metadata, and other materials made available to Stabbed.lol Records and Stabbed.lol Records’ use thereof.

Marketing

Stabbed.lol Records has the ability to provide worldwide online marketing in areas of global press releases, global album reviews, EPKs (electronic Press Kits), and global blog/forum monitoring and posting (hereinafter Marketing). Stabbed.lol Records’ objective is to assist artists to maximize overall hype/buzz. At the election of RIGHTS HOLDER, the RIGHTS HOLDER via a separate agreement may authorize Stabbed.lol Records to market RIGHTS HOLDER Digital Masters and Artwork.

Payment

While maintaining an active subscription with Stabbed.lol Records, RIGHTS HOLDER shall receive 100% of the Net Royalty Receipts collected/received by Stabbed.lol Records hereunder for Sales that occur during the Term. Users may distribute material through Stabbed.lol Records without a subscription, such as the “one-time fee” and/or “pay per project” options. In these cases, RIGHTS HOLDER shall receive 92% of net royalty payments. If at any time your membership defaults or is subject to delinquent payment, RIGHTS HOLDER shall receive 92% of net royalty payments. These rates are subject to change based on royalty tiers set forth by the distribution network.

Ownership

As between the Parties, all right, title, and interest in and to (i) the RIGHTS HOLDER Content; (ii) the Digital Masters; (iii) all copyrights and equivalent rights embodied therein, and (iv) all materials furnished by RIGHTS HOLDER, except as to any rights of Stabbed.lol Records (whether pre-existing or under this Agreement), shall remain the property of RIGHTS HOLDER, it being understood that under no circumstances shall Stabbed.lol Records have any lesser rights than it would have as a member of the public.

If, given good faith discretion, Stabbed.lol Records has reason to believe that RIGHTS HOLDER is involved in connection with fraudulent and/or infringing activities, Stabbed.lol Records may exercise its authority to suspend and even terminate this service agreement without notice.