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Part
Eight
By Harlington L. Hanna
Jr.
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The Hannaian Publishing Acquisition
Contract
The typical Hannaian contract reflects its mission to
assist independent producers of entertainment and
creative products by offering musical artists and authors
an all encompassing contract without controlling the
artist's employment opportunities or creative endeavors.
The contract is basically a joint venture cooperative
agreement granting the Company a portion of the
copyrights, publishing rights and administrative rights
in the compositions and productions in return for royalty
payments and performance by the Company in the following
five areas:
1. Promotion within the industry
2. Promotion to the general public
3. Publishing
4. Manufacturing
5. Distribution.
The contract offers these benefits without the
restrictions imposed by the typical recording or literary
publishing contract offered by record companies and
literary publishing houses. In contrast the typical
recording or publishing contract is an employment
contract which employs the artist to exclusively record
or write for the company for a period of time. Such
contracts typically exercise a significant amount of
control of the artist's talent and career. The Hannaian
approach leaves all of this control with the artist and
in effect provides for a joint venture with the artist or
author in a cooperative effort to promote, expose and
produce income from the production. Artists, producers
and authors can then concentrate on independently
producing their artistic productions knowing that they
have an avenue to exploit the production without
unnecessary and unneeded control and influence over their
artistic expressions. They therefore retain control of
their own independent production business, which is their
most important, and valuable asset.
As a publishing company Hannaian's major emphasis is
in marketing the publishing rights in the creative work
and as such will generally not handle a production in
which it cannot obtain a commensurate amount of ownership
of the copyright and publishing rights. Hannaian's
distribution of the physical record or publication is an
important part of its publishing activity in that it is
the exposure which the widespread sale or use of the
physical product acquires which ultimately makes the
publishing rights valuable.
For specific review of a sample acquisition contract
please see the full text of the Hannaian
Publishing Acquisition Contract.
Part Seven
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Nine 