I am licensing some footage shot by small business to another agency, and they have a form for me to sign. All looks good but I take issue with one part here and wanted to check in.
I don't need serious legal lawyer advice and want to flip this around ASAP, but if anyone with some experience here could provide some quick non-legal insight or advice:
"I, the undersigned, grant to [Their Client] (“Owner”) and [AGENCY] the right todistribute, transmit, publish, copy or otherwise exploit, either in whole or in part, for nonexclusive
usage the video and / or audio footage listed in this document. Usage may include
internal, PR, online, retail, non-broadcast, and new media usage and will include global usage
in perpetuity. I agree that I have the right to grant usage of this footage."
What is "new media usage" - this seems to indicate to me that I am granting the agency the right to reuse this footage in future edits for new clients, which I do not want to grant. From my experience, what is standard practice is to license the footage for a single client, single project.
I was also concerned about it listening their client as "the owner" of the footage instead of the licensee.
Thinking of rewording to "licensee" and removing new media usage with a line clarifying for "use on [PROJECT NAME]" and that my business remains the "owner" of the footage and the grantor.
Usually I have people sign my own form, I don't mind signing this and this is not a huge deal or concern to me on the footage but I do want to make sure I use the correct wording more in line with what is done on Pond5 or Shutterstock.
Any quick thoughts or help here?