M= musician or his “agent”, C= any consumer, whether end consumer or the middleman.
M has fee simple absolute interest in sound recording. M to C, it being understood and agreed between them that, for the statutorily prescribed limited-times, C cannot – whether inter vivos or by will – transfer, distribute, or engage in any unauthorized duplication and piracy of the sound recordings in violation of Title 17 of the USC and the Sound Recording Amendment of 1971 (85 stat. 391), unless M consents.
Therefore, M transfers fee simple interest to C subject to the covenant.