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How to Combine Music Recording Contract

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In this video, Damian Keys discusses the current landscape of recording contracts for musicians, emphasizing the dream of signing with a major label. He highlights the significant changes in contracts over the decades and the alarming trend where many successful artists end up financially struggling post-contract. Keys shares his experience reviewing various record contracts sent to him by artists and aims to educate viewers on the elements of these contracts. He stresses the importance of understanding what to look for in a recording contract to avoid becoming a cautionary tale in the music industry. The video aims to prepare musicians for navigating contract complexities effectively.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How much is a recording contract worth?

Per IFPI, a record label will typically invest anywhere from $500,000 to $2,000,000 in a newly signed artist. Thats a wide spread to be sure, and a large amount of money from the perspective of most. What is this?

What is a music collaboration agreement?

The Single Song Collaboration Contract is used when a two or more songwriters agree in advance to write together to co-write a song. The Agreement sets forth the rights each writer will have in the copyright to the song and the terms that will control how the song may be exploited.

Do artists pay to collaborate on a song?

If youre going to be doing any kind of recording as part of your collaborative endeavor, then know that you will be owing the producer a certain amount of money.

What is a 50 50 split record deal?

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.

What is the purpose of a collaboration agreement?

A collaboration agreement is a legally binding agreement between different parties that want to co-operate together or work collaboratively on a commercial project. In most cases a collaboration agreement will record: What the collaboration is about. How the parties will work together.

Is a collaboration agreement a contract?

In conducting business, naturally you are going to enter into many types of contracts with other parties. One such type is a collaboration agreement which serves as a legally binding document stating the responsibilities of each party, the distribution of reward and risk, and ownership of assets.

What should a collaboration agreement include?

A collaboration agreement is a legally binding agreement between two or more parties that outlines how they will work together on a commercial project, the roles and responsibilities each during the project, and how each will benefit from the collaboration.

Can you have 2 record deals?

It really depends on the label itself. Most major labels wont allow you to sign to multiple record labels at a time. However most of the times, you can also release your music on other labels, though this really depends on your contract.

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Combine Music Recording Contract