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Entertainment Law :- The Most Important Legal Validity Requirements For Music Producer Contracts in Nigeria.

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Under the laws of Intellectual Property in Nigeria, creative service contracts like music producer agreements come with a lot of legal implications and come in many variants.

This article will be focused on the topics of :-

– What music production contracts are.

– The different types of music production contracts available in Nigeria.

– The requirements of a valid music production contract.

– The legal effect/implication of each type of music production contract in Nigeria.

What is a music production contract?

A music production contract is an agreement for the delivery of music production services (including but not limited to composing, licensed sampling and synthesization) between one party known as a music producer or a  producer and another party which can either be a musical artiste, a music record company, or any other individual or company that would qualify as a client.

What are the different types of music production contracts in Nigeria?

There are several types of music production contracts namely :-

– Producer/Record Company Contracts :- These are music production contracts that are usually paid for on an upfront & one-off but renewable basis by a record company.

– Publishing Split Sheet Contracts :- These are contracts for back-end consideration in place of upfront payments to the producer to be advanced for music production services. 

Such agreements are to be documented as split-sheet percentage sharing formulas between the producer, the artiste, and the record company for earnings from royalties, publishing rights, neighbouring rights and masters recording sales among others.

– Sync Licensing Agreements :- These are agreements for the licensing by a producer where he’s a part or full owner of the copyright of a creative work allowing his content to be used in an audiovisual format such as advertisements or movie soundtracks.

What are the requirements of a valid music production contract?

To be valid and enforceable music production contract must meet the following requirements :-

– It must have a set of defined parties :- This means that in cases where a client in a music production agreement is a label or record company seeking production services for its signed artiste, it is proper to have the agreement signed with the record company rather than the artiste.

– It must clearly define the services to be rendered by the producer.

– It must clearly outline the production process utilized by the producer.

– It must clearly state who has proper ownership of all intellectual property rights following any output produced under the contract.

This agreement must also not be contrary to public policy and statutory provisions on copyright law which expressly state that individual ownership of copyrights are to last for life and 70 years afterwards.

– It must clearly state appropriate dispute resolution measures in place.

What are the legal implications of each type of contract mentioned in this article so far?

Each type of music production contract comes with the following implications:-

– Producer/Record Company Contracts :- Agreements of this nature come with the major implication of usually stripping the producer of any right to copyright ownership of material produced pursuant to the contract, placing him strictly in the category of an independent contractor.

– Split-Sheet Contracts :- Typically the most commonly used musical production contract, split-sheet agreements carry the legal effect of rendering a producer a part-owner of all Copyrights created by such an agreement, placing him in the category of contracting partner.

– Sync Licensing Agreements :- Agreements of this nature render the rights of the producer enforceable where his musical output is delivered or used in any audiovisual format without his permission.

Strategic Perspectives on the Application of Social Marketing to Promote Health

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In order to influence a target audience to voluntarily accept, reject, modify, or abandon a behavior for the benefit of individuals, groups, or society as a whole, social marketing is used. The purpose of marketing is to make money while also meeting customer needs. Service providers and manufacturers create products and services to satisfy the needs of their current and potential customers while also turning a profit from their business ventures. When marketing tools are used to promote behaviour change, social marketing is taking place.

Why is it necessary to alter or change behaviour? Societies have different short- and long-term goals for peace, prosperity, and development, but individuals within those societies behave differently due to differences in their socialization, perceptions, needs, attitudes, and practices. Corrective and/or change measures to ensure compliance may be implemented where behaviours are not consistent and there are deviants. Moral persuasion for change can be a solution because such different behaviours are not always prohibited.

The adoption of social marketing theory, competencies, and procedures aimed at influencing change is motivated by this understanding. Social marketing is based on the idea of voluntary exchange, which acknowledges that consumers do not use or purchase goods and services if they cannot provide certain advantages. Customers and consumers consider the advantages associated with using or consuming a product or service when making decisions to buy or use it.

There are numerous public health issues where state actors and private organizations anticipate that for change to occur, people must alter their behavior. For instance, one of the protocols for limiting the spread of the COVID-19 pandemic calls for citizens to practice social distance, and security agencies are given the authority to ensure compliance.

In conjunction with this, health campaign messages are also created and disseminated in an effort to increase awareness, foster understanding and knowledge, inspire individuals to adopt positive attitudes, and ultimately assist citizens in embracing social seclusion and the use of face masks. The overall objective of the COVID-19 campaign messages distributed through various media is to promote social estrangement to the public and encourage them to see it as a means of slowing and halting the spread of COVID-19.

It is significant to remember that individual health decisions depend on the cultural and social context in which they are made. Health promotion that takes into account their sociocultural environment is necessary for their decisions to be in line with socially acceptable recommendations.

Because social marketing aims to alter behavior at the individual, organizational, and systemic levels, health promotion must target intrapersonal, interpersonal, social, environmental, and institutional spheres of influence. Social marketing places a high value on the health and well-being of people as individuals, members of communities, and members of societies, making this a key communication tactic for behaviour change.

The Sporting World Crosses Over to Crypto – VeChain, Dogetti & Algorand

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With the help of cryptocurrency influencers who share their opinions with us and some of whom have a significant impact on the exposure of particular coins, the world of cryptocurrencies is going in a new direction. During this post, I’d want you to consider which strategy you believe to be more effective and whether partnering with other sports organisations or using influencer marketing is a smart idea for the future of cryptocurrency.

Different cryptocurrencies have been trying to gain more visibility and exposure through celebrity endorsements and getting more publicity through partnerships with different sports. VeChain and Algorand have both gone down this path. For the last year or so, VeChain has officially been named as the UFC’s layer 1 blockchain partner. FIFA also announced its partnership with Algorand for the 2022 World Cup and the Women’s World Cup in 2023.

Throughout this article, we will look at the possible benefits of the sporting world accepting the crypto world. As well as talking about Dogetti (DETI) who is thriving in its presale stage. 

VeChain (VET) Sponsors the UFC

On Saturday the 4th of March, UFC 285 took place and two great heavyweight fighters Ciryl Gane vs Jon Jones went toe to toe. Throughout the whole screening of the fight, one of the main sponsors for the fight was VeChain. With almost 1 million PPV buys, you can only imagine how much exposure they received from such a monumental fight to see who’d be the next heavyweight champion.

In search of a blockchain platform that can transform the supply chain market? Have a look at VeChain. VeChain, a blockchain-based technology that was introduced in 2015, seeks to enhance supply chain management by delivering transparency, efficiency, and security. Security, openness, and efficiency are all guaranteed by VeChain’s two-token system, VET and VTHO, and unique Proof of Authority (PoA) consensus algorithm.

The crypto industry has been significantly impacted by VeChain, which has drawn both investors and developers. The practical uses of its technology are shown by its alliances with some of the biggest brands in the market, like Walmart and BMW. VeChain reached a critical turning point in its development with the release of VeChainThor in 2018, which added new capabilities including smart contracts and enterprise-level governance. 

Dogetti (DETI) Stepping into the Crypto World

Prepare to be astounded as Dogetti (DETI) gears prepared to revolutionise the cryptocurrency industry with its soon-to-be-released system. With a formidable collection of tools, such as DogettiSwap, a non-fungible token (NFT) market, and a decentralised autonomous organisation (DAO), Dogetti is poised to rule several market sectors in the cryptocurrency sector.

When Dogetti launches on the Ethereum blockchain, it will make use of the decentralised apps (DApps) available on the network to improve its services. This will make it simple for holders of different Ethereum tokens to utilise the Dogetti platform to purchase, sell, and trade their belongings and collectables while making use of Ethereum’s top-notch security features.

Dogetti has its eyes set on the NFT trading space and wants to surpass market leaders like Metaverse Coins by developing a marketplace that will massively increase the supply of NFTs available on the cryptocurrency market. Dogetti wants to build a committed group of users to trade NFTs on its platform, and it plans to do it with the assistance of Ethereum’s user base.

The NFT transaction will flourish when players use DogettiSwap to exchange their token holdings into DETI, thus increasing the value of DETI in the cryptocurrency market. The Dogetti presale’s specifics are still being worked out, so stay tuned for further news on this innovative meme currency initiative.

FIFA Take Algorand (ALGO) on Board

Gianni Infantino, the president of Fifa, and Silvio Micali, the inventor of Algorand, met to reach a sponsorship and technical collaboration arrangement. FIFA has now chosen Algorand as its first authorised blockchain platform. As a result of this agreement, Algorand will assist the major international football association in its effort to develop its digital assets.

A blockchain-based network with many different applications, Algorand is self-sustaining and decentralised. For successful applications in the real world, these systems provide the crucial qualities of security, scalability, and efficacy. To establish new types of trust, Algorand will take into consideration calculations that call for reliable performance promises.

In an effort to reduce transaction times and increase efficiency in response to the lengthy transaction durations of blockchains like Bitcoin and other ones, Algorand was developed. Due to its foundation on permissionless pure proof-of-stake (PoS) blockchain technology, Algorand is rumoured to have cheaper transaction fees and no mining requirements.

 

Are you interested in integrating into the community? Visit here to register for the DETI presale:

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

Three Cryptos To Keep An Eye On – VeChain (VET), Orbeon Protocol (ORBN), And Polygon (MATIC)

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All investors are searching for an excellent investment opportunity that could yield tremendous gains down the line. And while you may count on coins like VeChain (VET) and Polygon (MATIC) due to their past successes, experts have also taken notice of a new project – the Orbeon Protocol (ORBN). This project currently in Phase 9 of its presale has been the talk of the crypto town lately, with many saying it could provide a decent return on investment in 2023. The price has already increased by 1988% since the beginning of the presale. But will it, Let’s see.

>>BUY ORBEON TOKENS HERE<<

VeChain (VET)

The blockchain platform called VeChain (VET) focuses on logistics and supply chain oversight. For complex supply networks, VeChain (VET) employs distributed ledger technology to simplify these processes and data flow.

VeChain (VET) recently completed its HiVe Summit event, which discussed various social and environmental goals. Since the start of the year, the VeChain (VET) price has doubled as it soared to $0.032 in the last month.

However, it now appears that momentum has cooled off as VeChain (VET) currently trades for $0.02411, down 3.11% in the last 24 hours. VeChain (VET) is showing bullish sentiment as experts predict VeChain (VET) may reach $0.030 soon.

>>BUY ORBEON TOKENS HERE<<

The Orbeon Protocol (ORBN)

‘Orbeon Protocol (ORBN) will be the first crypto crowdfunding platform allowing everyday investors to purchase equity into a promising startup for a meager price! How? With the creation and sale of equity or reward-based fractionalized NFTs.

Startups needing funding will employ the Orbeon Protocol (ORBN) platform to create NFTs representing actual financing rounds to reach a new audience and obtain funds faster. On the other hand, even low-income investors may find and buy equity into a Tier 1 startup for prices as low as $1! Not only that, but Orbeon Protocol (ORBN) will also have multi-chain capabilities meaning you can trade across Polygon, Solana, and Binance all on a single platform at a significantly cheaper rate.

By holding the ORBN token, you gain staking rewards, price cuts, and access to private funding rounds, and you can now purchase this coin for just $0.0835. The price for the ORBN token, which will be the backbone of the project, has already surged by 1989% from its starting price of $0.004. As the presale is already in Stage 9, experts believe it may surpass the $0.24 mark by its end.

Follow the links below and sign up for this presale star that could change the entire crowdfunding industry.

>>BUY ORBEON TOKENS HERE<<

Polygon (MATIC)

In addition to having its blockchain, Polygon (MATIC) is a Layer-2 solution for Ethereum that enables quicker and less expensive trades. The Polygon (MATIC) coin covers the network’s gas fees while protecting it.

Recently, the crypto wallet Giddy allowed Polygon (MATIC) users to pay for their gas fees using the USDC stablecoin instead. Nevertheless, Polygon (MATIC) has been struggling recently on the price charts.

Polygon (MATIC) is trading hands for $1.12, a decrease of 1.91% overnight. However, many experts believe Polygon (MATIC) may see a relief rally soon, with the coin reaching $1.30. But will this momentum be sustainable for the Polygon (MATIC) coin? Only time will tell.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

Ripple’s (XRP) Hold On Market Solidified, First Wrapped Bitcoin Minting Helps Cardano (ADA), TMS Network (TMSN) Posts Unprecedented Presale Success Numbers

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The slowing market has received a positive boost from TMS Network (TMSN)  presale, which has renewed the bullish environment. The first stage of TMS Network’s (TMSN) presale has posted a growth rate of 700%. Ripple (XRP) and Cardano (ADA) have also traded in the green zone in recent weeks.

Market Sentiments Around Ripple (SEC) Becomes Bullish

As the final verdict on the Ripple-SEC lawsuit comes near, XRP has rallied on the growth chart. There is a strong belief in the market that Ripple (XRP) will be victorious in the legal case against SEC. This has propelled investors to bet big on Ripple (XRP). Besides, Ripple (XRP) has also increased its global footprint in the last few months. Recently, Ripple (XRP) partnered with UAE-based Joyallukkas Exchange. These events have renewed the positive sentiments around Ripple (XRP). Consequently, Ripple (XRP) has witnessed an increase in its price. Ripple (XRP) has risen by more than 4.27% in the last seven days. Besides, on the daily chart, Ripple (XRP) has increased by 5%. As a result, Ripple (XRP) currently trades at $0.40, which is 90% below its all-time high of $3.84.

Cardano’s (ADA) Ecosystem Gets Expanded

The Cardano (ADA) ecosystem has received a significant market push after AnetaBTC minted the first wrapped Bitcoin on the network. The newly minted wrapped Bitcoin on the Cardano (ADA) network is called cBTC. This wrapped Bitcoin will be sent to the users’ Cardano (ADA) wallet after getting minted. This development might help the Cardano (ADA) network to unlock liquidity from the $432 billion Bitcoin market. Experts believe that it can cause a rise in the market capitalization of Cardano (ADA). The Cardano (ADA) network is currently ranked 7th by market capitalization. However, the price of Cardano (ADA) has witnessed a fall of 18% in the last 30 days. Currently, Cardano (ADA) is available to trade at $0.32, which is 89.60% below its peak of $3.10.

TMS Network (TMSN) Sets New Benchmarks For Presale Success

TMS Network (TMSN) has used blockchain technology to support crypto traders with its unique business roadmap. The network has built a state-of-the-art decentralized protocol that facilitates the online trading of digital assets, including stocks, cryptocurrencies, CFDs, and Forex.

As the network permits the trading of many digital assets, it can maintain sufficient liquidity at all times. TMSN is the native crypto that fuels TMS Network. An additional advantage of the network is that all TMSN token holders will get incentives from its revenue-sharing model. Under this commission-sharing model, TMSN token holders will be entitled to receive a portion of the fee-based revenue of the platform.

TMS Network (TMSN) has made a name for itself by facilitating transparent and error-free trade activities. The blockchain network also boasts an easy-to-navigate user interface. Notably, all transactions on the network are managed by its smart contracts. Interestingly, the deployment of smart contracts has kept intermediaries away from the network. So, TMS Network (TMSN) can enable people to complete their trades on the platform at a nominal fee.

TMS Network’s notable trait is its incredible scalability, which helps the platform manage a rising number of trade activities without compromising its fast speed. The platform also assists individuals by providing financial education through various resources, such as trading signals and market analysis.  TMS Network (TMSN) has completed stage 1 of its presale phase while registering an increase of over 700% from its initial price of $0.003. The platform has bagged $500K in just two weeks of its launch. Moreover, experts believe that the forthcoming weeks will be more profitable for TMSN token holders. The current trading price of a TMSN token is $0.029.

 

For more information on TMS Network (TMSN) please see the links below:

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetwork

Twitter: https://twitter.com/tmsnetworkio