Pop Idols/Idols License Agreement [American Idol]
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Dear Sirs
Pop Idol/Idols
We write to confirm our agreement with you as follows:
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3. License of Television Rights
3.1 The Format Owners license to Pearson the sole and exclusive right to exploit the Television Rights throughout the Territory. Pearson Television Productions Limited shall be the Local TV Company for the United Kingdom and shall enter into an agreement with ITV Network Limited for broadcast of the first Series in the United Kingdom in a form consistent with the Letter of Intent attached as Exhibit ‘A’. Pearson shall sub-licence Television Rights to Local TV Companies approved by 19 TV. Pearson Associates are deemed approved by 19 TV. Any Local TV Company not being a Pearson Associate shall be deemed approved by 19 TV if the agreement with such company guarantees the Programme or Series is to be broadcast on free to air TV.
3.2 The Local TV Company shall pay the Format Fee to the Format Owners in consideration of the licence of Television Rights. If the Local TV Company is not a Pearson Associate, Pearson shall be entitled to retain 30% of the Format Fee and shall pay to the Format Owners 70% of the Format Fee. The 30% of Format Fee retained by Pearson shall be in consideration of Pearson selling the Television Rights and supervising the quality of the production of Programmes or Series by the Local TV Company.
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4. The Competition
4.1 Each Local TV Company shall be entitled to operate the Competition as part of the license of Television Rights. The form of the Competition is to take in each Relevant Country and (other than those set out in 4.2 below) the prizes to be awarded to the Winning Artist shall be approved by Pearson and 19 TV.
4.2 Each Local TV Company will be required to enter into a TV Contract with each Finalist pursuant to which each Finalist will:-
4.2.1 enter into a Recording Agreement with the Local Record Company;
4.2.2 enter into a Merchandising and Sponsorship Agreement with the Local Merchandising and Sponsorship Company in a form approved by Pearson and 19 TV;
4.2.3 enter into a Management Agreement with the Local Management Company in a form approved by Pearson and 19 TV;
4.2.4 agree restrictions on that Artist’s appearances on television or ability to release records for at least 3 months after transmission of the Programme or Series;
4.2.5 agree to keep all aspects of the Programme or Series strictly confidential.
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Click here for the complete Pop Idols/Idols License Agreement [American Idol]