It is firstly pointed out that:
Akamusic manages / operates the web site www.akamusic.com. This portal enables artists to publish their music and offers users the opportunity of discovering these artists and their music.
The Akamusic programme is an on line programme available world wide for the use of artists and producers of all nationalities.
When an artist has issued 10,000 shares (Album) / 3.000 shares (Single), which means that the total sum of money received is 50,000 € (Album)/ 15,000 € (Single), Akamusic will use this budget to:
After the studio recording of the CD in question, the artist will be entitled to a share of the net revenue generated by the sales.
Furthermore, the following terms and conditions have been read and agreed :
Acceptance and Registration: |
The moment at which the artist has given / indicated his or her agreement to the contract and is officially registered on the site www.akamusic.com having sent the registration form; |
The contracts: |
The conditions of use, the present terms and conditions, the production contract as well as the publishing contract |
The Artist: |
The artist – performer, composer, lyricist, whether or not a group of artists, composers or lyricists |
AKAMUSIC : |
The company under Belgian law AKAMUSIC SA |
Visitor : |
Any visitor to the web site of AKAMUSIC or to related web pages that may be connected / attached to it, including the Artists’ web page and the downloading portal |
Member: |
A registered user |
Producer: |
A member that wants to invest shares of 5€ in one or more artists and who has indicated / demonstrated acceptance of / agreement to the conditions relating to the status of Producer |
Share: |
It is a declaration / mark of confidence in the success of an artist as well as the transfer of 5€ in order to obtain a limited edition of the single / album of the artist that has reached the Deal |
Deal: |
Moment at which the investment in an artist has reached 15,000 / 50,000 € |
Title: |
A piece of music that is or will be recorded by the Artist, with the aim of creating one or more recordings, in accordance with the contracts |
Track: |
Part of the Master that contains the recording the Artist’s performance of a particular title, whether or not it is a test, an incomplete recording or one that has been refused by AKAMUSIC, as specified in paragraph 2.2 of the Artist’s contract. |
“Demo” tracks: |
The tracks recorded on the Demo. |
Master: |
An analogue or digital medium for images and / or sound and / or information, made up of one or more tracks, for which the Title and the Artist are specified in the contract based on which the original recording has been reproduced |
Recording: |
Any fixing of sound and / or image and / or information or any combination of these, made with the intention of (or appropriate to the goal of) creating reproductions |
Reproduction: |
A copy of one or more recordings as recorded on the Master, or parts of these, with the aim of distributing, in the form of gramophone records, musical cassettes, compact discs and similar laser media players, mini discs and other MO disks, DCC, CD-i, CD-ROM, CD-Video, DVD, VHS, HD-DVD, Blu-Ray, UMD and any other sound and or image medium available given the present state of knowledge, but not limited to Internet and / or to other methods of distribution on line and mobile communication such as “UMTS”, and any recording and reproduction techniques that are as yet unknown |
Distribution: |
Any communication to the public as well as any reproduction of recordings done in any currently known or unknown way or form including the sale, delivery or any other type of addition to the reproduction market of a recording in any form whatsoever, including leasing and hire to the public as well as distribution (electronic or other) via Internet, or generally on line, or via mobile means of communication such as UMTS, broadcast or re-broadcast by cable, satellite, telephone, radio and television, currently known or as yet unknown means, or achieved by making the recording public by any other means at all, including importing, offering and storing reproductions of any type. |
Downloading portal : |
An AKAMUSIC web page listing the artists that have recorded a CD. Visitors are able to download CD tracks from this web page |
Net revenue: |
The revenue received by AKAMUSIC resulting from distribution and from any agreements with third parties, less all the related costs and taxes. |
Artist’s page : |
The Artist’s personal page. This page is only accessible to the Artist by means of a password and a “login”. Artists can modify their profile, upload images, songs and videos through this page |
Artist’s profile : |
The Artist’s profile accessible to AKAMUSIC users |
Artist’s balance: |
Overview of the earnings of an Artist on AKAMUSIC. |
The present contract applies to all the activities that the Artist may undertake on the Akamusic web site, in particular on the “Profile” page that he or she will use to attract Producers with the aim of reaching the deal of 15,000 / 50,000 €. After having reached the deal, Akamusic and the Artists will complete and sign the artist’s contract and the publishing contract.
The rights and obligations of the parties that result from this contract / agreement are linked with the general terms and conditions of use.
After acceptance and registration and before reaching the deal, the Artist will have the following rights :
Furthermore as a result of the present terms and conditions the Artist agrees to compensate and guarantee Akamusic, its managers, directors, shareholders, employees, agents, subsidiaries and affiliates with regard to any demands, any tax retained at source on capital; any losses, any liability proceedings and any costs borne (including lawyer’s fees) that may be “directed” against Akamusic by any third party as a consequence of or emanating from the fact or related to the use made of the web site by the Artist.
All the trademarks and registered trademarks, probably protected by third parties and mentioned in the Internet offer, are fully subject to the clauses / provisions of the legislation in force concerning ownership.
- If the Artist or his or her statutory representative(s) have not filled in the registration form honestly / without deception;
- If the Artist’s profile page contains any photograph or text that does not comply with section 8. Before the termination and at its sole discretion, Akamusic will decide whether deleting the specific photographs or texts concerned could prevent the aforementioned termination, again without Akamusic being held liable;
- If the tracks written or composed by the Artist contain texts or compositions in breach of section 7;
- If the defaulting Artist has been informed of his or her failure and continues to be in breach after having been informed / given formal notice to fulfil his or her obligations within a reasonable period of time;
- As a matter of urgency, in accordance with the relevant statutory clauses / provisions.
The present terms and conditions are subject to Belgian legislation and the competent courts will be those in the legal district of Brussels.