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| quote: | Originally posted by Storyteller
Many labels have shit contracts. Basic dont's:
Never sign away your personal name or artist name exclusively.
Never sign away your rights for merchandise. If you do well at some point this is a cashcow.
Don't go for exclusive publishing related to your artist/personal name. it's often poor at best. Unless its a renown party it is often not worth considering.
Never sign for offering first rights on following tracks for a period of time or amount of tracks. This limits your options in the short run.
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Basic do's:
Exclusive title based contracts. Super common. Note that any new remixes/remakes produced later usually fall under same agreement.
50/50 for anything digital when working with small labels. Bigger ones use lower percentages but often yield more exposure and reward. It's a personal decision.
Royalties through licensing vary wildly per party.
Title-based publishing agreement. Freedom to work with others as well as potential additional income on the track(s)
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Some of the above I have from hearsay, others from personal experience. Is there anything in particular you're curious about? |
Thanks for that Story,
All in all, it isn’t a great feeling with these guys. 50% profit sharing, retention of song rights and , from what I’ve seen, seemingly is more of a SoundCloud promotion is not even close to what I would agree to.
With that said, if this is any way what most deals are like, I can live without it. I mean, it would be cool to be recognized for your music, sure but at a cost like that…no thanks
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Phil
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