Here are the main points:

• You will own the Master recording of your song
• Thus, be able to initiate and execute third-party licenses for your song (TV, Film, etc.)
• Existing non-exclusive leases will continue to remain active (however, they will not own the master recordings to their songs, nor be able to procure any third-party licenses). These licenses will be void 5 years following your exclusive purchase.
• The beat will be removed from the website, and will not be allowed to be licensed to any party again.

For more detailed information, you can download a sample exclusive license agreement here.

If you have an existing lease, or if you lease any beat from now through August 8th, your license will remain in effect for its full term – even after we discontinue licensing the beats.

Note: Basic licenses last 2 years from the date of purchase. Deluxe+ licenses last a lifetime unless one of the following occurs:

1. The beat is sold exclusively, from which point you will have a 5-year grace period to continue using the beat
2. The beat is used as instrumental music on a master recording released by a major record label, such action shall terminate this agreement in full. A major record label shall be a record label that grosses at least $10M annually.

If a beat in question is not found in the player below, its exclusive rights have most likely been purchased. Please contact us at support@pinkfader.com for more information on a beat’s availability.