We are pleased to rollout another new resource for Australian composers, this one called Work-For-Hire, Buyouts or Direct Licenses?
What do these terms mean?
How do they alter the scope of rights being granted to producers?
What are the financial repercussions of signing 'work-for-hire', 'buyout', or 'direct license agreements'?
We also wanted to know if these questions were even relevant for Australian Screen Composers and learnt that the short answer is a definitive YES. While those of you working on international commissions are likely to have encountered these terms, they are also creeping into Australian contracts. We therefore decided it was time to create a new resource for Australian composers. It is called Work-for-hire / Buyouts/ Direct Licenses? and is important reading. Remember, signing these sorts of music agreements (or any agreement with a complete assignment of Copyright!) can have huge financial ramifications so please read on, learn more, and consult a qualified entertainment lawyer for specific contractual advice. Caitlin (prez), Brett (vice) and the entire AGSC board.