Hi everyone,
I have a question regarding the details of an exclusive lease on a beat. (Also, correct me if I'm wrong: But to my understanding, an exclusive lease means that you are the only who can use that beat.) Okay, here it is: Suppose you lease a beat to some people with non-exclusive rights (a lot of people have bought your beat in other words), and then someone wants to buy EXCLUSIVE rights to that particular beat. What happens then? If other people already purchased the beat, then can you still get exclusive rights to that same beat? I am very confused about how this works. Are you only able to have exclusive rights if you're the FIRST person to purchase that beat?
Thanks,
LJC
I have a question regarding the details of an exclusive lease on a beat. (Also, correct me if I'm wrong: But to my understanding, an exclusive lease means that you are the only who can use that beat.) Okay, here it is: Suppose you lease a beat to some people with non-exclusive rights (a lot of people have bought your beat in other words), and then someone wants to buy EXCLUSIVE rights to that particular beat. What happens then? If other people already purchased the beat, then can you still get exclusive rights to that same beat? I am very confused about how this works. Are you only able to have exclusive rights if you're the FIRST person to purchase that beat?
Thanks,
LJC