SpencerS wrote…

You guys don't seem to understand that IndieMundo is a non-profit giving away money to independent musicians/bands? We might also be giving away Xbox's in the future too, but whatever, if you guys don't want to participate, that's fine with me.

Indie Mundo wrote…

LICENSE AGREEMENT FOR ARTISTS

By uploading any data intended for use as music or audio, including, but not limited to, music in the mp3, m4a, m4p or wav format, you agree to the terms of this agreement, in its entirety. Uploaded information shall hereafter be referred to as “songs” or “the song”. The party that uploads any of the above-mentioned data shall be referred to as “the artist” or “artists”.

0. All rights to distribute songs electronically, both temporarily as "streaming media" and permenately as a download, including, but not limited to, any transmissions via HTTP, HTTPS, FTP, IP, over any type of wire, electro-magnetic wave, or fiber-optic cable, are hereby granted to any and all current or future owners of the site.

In other words, we own the songs.

 In exchange, artists will be paid, via PayPal or other money transfer service as decided by the owners of the site, one hundred percent (hereafter referred to as “the percentage”) of the direct revenue from the distribution of their songs to the users, except for revenue directed to pay any costs the current or future owners of the site may incur while transferring money from users to artists, including, but not limited to, charges by a service such as PayPal.

Here's where we make money, by calculating in our overhead costs!

TPS reserves the right to change the percentage at any time without warning or notification in any form.

Guess what we'll do when we need more money!

 These rights shall be transferred to any future owners of the site, should TPS sell the site. TPS reserves the right to sell these rights to any other party.

Yes, we own the songs, and you're not getting your rights back, ever

1. TPS assumes no rights to the songs other than those discussed above, including but not limited to distribution via other means, including, but not limited to, CD, Vinyl Disc, or live distribution at any performance.

2. Any legal consequences, including, but not limited to, copyright lawsuits, of the creation or distribution of the songs using any method are assumed by the artist, as possible under applicable law.

We will not protect your songs

3. TPS reserves the right to publish new versions of this document at any time for any reason without notification or advanced warning of any kind. Continued use of the site implies agreement with new terms and conditions.

We can change the rules whenever we want, would we require more money

4. Any disputes including this site as a party that will be resolved in a court of law shall be resolved in the courts of the State of Florida, United States of America.