Cold Busted

Cold Busted Licensing Terms

• No advance = No license. We do not provide a license amount. Licensee shall provide an offer in the proposal. Proposals without an advance are rejected
• First time Licensee? 100% of the advance is required before contract is signed
• Only PayPal Instant Transfers are accepted for payments
• Wire transfers are accepted but master(s) will not be provided until wire is received
• Quarterly accounting only. We will not license any content on a bi-annual schedule. Every online store reports monthly and/or quarterly
• Royalty statements are required and expected every quarter for the length of the term and to be delivered no later than 45 days after quarter has ended
• No packaging deductions
• 0% reserves
• Non exclusive
• 1 year terms (including sell-off) are offered for first time licensees. If statements and any applicable payments have been delivered as promised terms may be renewed on a 3 year basis
• 50% on all digital sales
• 20% on all physical compilation sales
• Bundled rights only (iTunes may have unbundled rights)
• 4 copies of all physical items to be mailed to Cold Busted
• 16 bit 44 khz .wav masters are not delivered until agreement is signed and advance is received. Only masters provided by Cold Busted directly may be used for licenses

Please note we sign many licenses every quarter but we need to make sure you understand our terms first. You should also know that Cold Busted has 3 year renewable terms with all of our artists. We do not own any of our catalog as everything is artist owned. 50% of the license fee received goes directly to the artist.

Email All Proposals to: somecutzup [@] gmail [.] com Attention: Derrick Daisey. Expect a reply within 24 hours during Monday-Thursday.

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