Copyright © Renaissance City Media LLC . All rights reserved.
This is an agreement between Urban Home Entertainment and SDM FLIX, LLC hereinafter referred to as (Broadcaster), granting the (Broadcaster) the rights to publish the television/film productions owned or licensed by Urban Home Entertainment. This agreement goes into effect after the first production published by the Broadcaster. Both parties agree to the following terms set forth:
1. This agreement grants (Broadcaster) the license right to broadcast and/or rebroadcast the television/film productions owned or licensed by Urban Home Entertainment and to be broadcasted and/or rebroadcasted on the SDM FLIX streaming channel set forth by (Broadcaster) including but not limited to; iPhone app, Android app, Roku TV, Fire TV, Apple TV, and the website www.sdmflix.com.
2. Urban Home Entertainment shall have liability insurance coverage sufficient to hold the (Broadcaster) harmless from any accident claim that may result from the action of the broadcaster’s employees or agents, malfunction of equipment, collapse of platform, or any other structure or device which is the property or responsibility of the (Broadcaster) or its agent.3. Urban Home Entertainment agree and swear that its company has 100% control of the license rights to all television/film production content submitted to (Broadcaster) for publishing.
4. Urban Home Entertainment agrees to submit twenty-four (24) fully produced film/television productions owned or licensed by Urban Home Entertainment to be published and broadcasted by SDM FLIX LLC on the outlets set forth by (Broadcaster) and to submit ten (10) fully produced film/television productions per year after this agreement dated 12/07/2021 until the end of the agreement terms set forth by both parties.
5. As a content revenue shareholder Urban Home Entertainment will earn eighty percent (80%) of the net revenue sales for the film/television productions owned or licensed by the Urban Home Entertainment and released on the SDM FLIX streaming platform. If the content owner chooses to release his/her content to the subscribers as a FREE product on the SDM FLIX streaming platform the content owner will earn $0.009 per-hour streamed or viewed on the SDM FLIX platform. Urban Home Entertainment will also earn a profit share of 5% for all subscription payments and a profit share of 5% for all the film/television productions rented or bought on the SDM FLIX streaming platform including but not limited to; Mobile apps, Website, Roku TV, Fire TV, Apple TV, Android TV, and other digital television incorporated, or outlets set forth by (Broadcaster) minus payment processing fees. All profits will be paid on a monthly basis via direct deposit or other payment option issued by the (Broadcaster). First profit share payment will be issued by (Broadcaster) after 30 days from the date of production publication.
6. Urban Home Entertainment agrees to pay a subscription network license fee of $0.00 per month and a $0.00 subscription maintenance fee per month after 12 months. Please note: All fees must be up-to-date per month to receive revenue shareholder payouts. Late payments over (45) days will forfeit the terms of this agreement and all shareholders investments will be terminated and reverted back to SDM FLIX LLC.
7. SDM FLIX LLC will also earn five (5%) commissions of the gross profits earned from film/television content submitted to Urban Home Entertainment for distribution from (Broadcaster) partner Mass Media Distributions LLC. All affiliate distribution commissions will be made payable to Mass Media Distributions LLC.
8. This contract is binding to confidentiality throughout the filming of the productions and will not be displayed to the public until published by (Broadcaster) as agreed release date set forth by both parties.9. This agreement becomes binding when the agreement is signed by the (Broadcaster) representative and Urban Home Entertainment.10. (Broadcaster) has agreed to publish the productions owned or licensed by Urban Home Entertainment within the year 2022 of the finale production.11. The duration of this contract will be for the term of twelve (12) months and automatically renew with the option of the shareholder to terminate this contract any time after with a two-week writing letter stating the termination after (12) months. If Urban Home Entertainment chooses to terminate this contract agreement all shareholder investments and profit shares will be reverted back to SDM FLIX LLC.
12. Urban Home Entertainment will retain the license rights of the film/television productions for the duration of this agreement.
Legal Full Name: Barrett Dungy
Phone: (470) 704 - 5108
IN WITNESS WHEREOF, the Urban Home Entertainment Representative and (Broadcaster) have executed this Agreement the date first above written.
SDM FLIX, LLC (Broadcaster) representativeDonele Bailey - C.E.O
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