This Video Licensing Agreement (“Agreement”) is made and entered into on this [Insert Date] by and between:
Licensor: News Silo.
Licensee: [Television Station Name], located at [Licensee’s Address].
1. License Grant
The Licensor grants the Licensee a limited, non-exclusive, non-transferable, single-use1 license to use the video footage titled [Insert Video Title or Description] (“Video Footage”) solely for internal purposes2 within their organization.
2. Restrictions
a. The Licensee may not redistribute, sublicense, or otherwise transfer the Video Footage to any third party.
b. The Licensee may edit or modify the Video Footage as necessary for their internal use, provided that such edits do not misrepresent or alter the context of the original content.
c. The Licensee may not use the Video Footage beyond the agreed single-use unless a separate license is obtained from the Licensor.
3. Ownership
The Licensor retains all rights, title, and interest in and to the Video Footage, including copyrights and other intellectual property rights.
4. Fee and Payment
The Licensee agrees to pay the Licensor a licensing fee of $[Insert Fee Amount] for the single-use license. Payment shall be made prior to releasing the Video Footage.
5. Term and Termination
This Agreement is effective upon execution and will remain in effect for the duration necessary to complete the single use of the Video Footage. Any breach of this Agreement by the Licensee will result in immediate termination of the license.
6. Indemnification
The Licensee agrees to indemnify and hold the Licensor harmless from any claims, damages, or liabilities arising out of or related to the Licensee’s use of the Video Footage.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Texas, without regard to its conflict of laws principles.
8. Entire Agreement
This Agreement constitutes the entire understanding between the parties regarding the subject matter herein and supersedes all prior agreements, representations, or understandings.
9. Amendments
Any amendments to this Agreement must be made in writing and signed by both parties.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
Licensor:
News Silo
Signature: ___________________________
Date: ___________________
Licensee:
[Television Station Name]
Signature: ___________________________
Date: ___________________
1Single Use Definition:
For the purposes of this Agreement, “Single Use” refers to the Licensee’s right to utilize the Video Footage for a single story or news cycle, which may include multiple broadcasts or publications within a 24-hour period. Any further use, including use in future news cycles, rebroadcasts outside the specified period, or other programs, requires a separate license or explicit written permission from the Licensor.
2Internal Use Definition:
For the purposes of this Agreement, “Internal Use” refers to the Licensee’s utilization of the Video Footage solely for their own broadcasting or publishing purposes on platforms owned and operated by the Licensee, including but not limited to television broadcasts, the Licensee’s website, and the Licensee’s official social media accounts. Internal Use excludes any transfer, sale, or distribution of the Video Footage to external entities, affiliates, or third parties.