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How to Autofill Music Recording Contract

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In this video, Damian Keys discusses the complexities of modern recording contracts, emphasizing that while being signed to a major label is a dream for many musicians, contracts have evolved significantly over the years. He highlights the issue of prominent artists experiencing substantial demonetization after securing major deals. Although not a music industry lawyer, Keys frequently reviews various record contracts sent to him by artists. He aims to clarify what a record contract entails, the key components within these agreements, and essential considerations to avoid becoming a cautionary tale of artists losing favor with their labels.

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What are the parts of a recording contract?

A recording contract should include the following: Artist and record company contact details. Production details. Recording details.

What is included in a recording contract?

A recording contract may define the terms of the distribution and recording process. It will also provide contractual guarantees to the record company regarding the conduct and performance of the artist from the beginning of the recording process to the release of the album.

How much of a contract does a record label get?

As a quick reference, record labels can keep a cut anywhere from 50-90% of your earnings. It is an industry norm for a new artist to only receive 10-16% of their sales.

How do you write a contract for a record deal?

How to create a Music Recording Contract Step 1: Specify where youre creating the Music Recording Contract. Step 2: Provide the recording companys and artists details. Step 3: Outline the production details. Step 4: Outline the recording details. Step 5: Decide if the contract will include an exclusive agreement clause.

How are recording contracts structured?

The recording contract will usually require the artist to sign to the label exclusively. This means that they cant record for another label without permission, nor can they leave the contract if theyre unhappy. The label, however, remains free to sign and promote as many artists as it wishes.

What is a standard recording contract?

A recording contract (commonly called a record contract or record deal) is a legal agreement between a record label and a recording artist (or group), where the artist makes a record (or series of records) for the label to sell and promote.

How does a 50 50 record deal work?

In a production deal, the artist usually signs a 50/50 deal with a single producer. The producer agrees to produce one or more of an artists album in entirety but retains 100% ownership of the master recordings.

How are record deals structured?

This is how it works in a traditional record deal. The record company claims the rights and ownership of the performing artists or bands recordings for a duration of copyright. The artist or band is in return given a monetary advance against a royalty in connection with each sale the recordings make.

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Autofill Music Recording Contract