What Is Meant By ‘Term’?
The length of a licence is called the Term. In its simplest form it has a start and end date e.g. 1 year from 1st January 2014.
However, bought media schedules are rarely simple, so licence Terms often need to accommodate more complex burst-based activity e.g.
- Three (3) non-consecutive six (6) week bursts within a seven (7) month window
Now, whilst a brand might think they deserve a low price for 18 weeks of media, the music rights owners will consider this a 30 week campaign with some gaps, so won’t be so flexible on price.
The learning for brands is this:
- Before approaching music right owners, have absolute clarity in your media schedule as to the timing of each element of your campaign across the different media: bought, earned and owned.
If you have any questions about music rights and the complex field of sync licensing, leave a message below in the comments or get in touch with me directly firstname.lastname@example.org.