Easily Hide Fileds into the Music Recording Contract

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How to Hide Fileds into the Music Recording Contract

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all right so you finally broke down and youre thinking about signing that major label record deal now what theres three things you need to look for that should red flag you before you sign that deal peace and blessing that my name is sg-1 from the grammy award-winning team that peacemakers and if you are interested in finding out how to be in control of your music career how to navigate within the ins and out of the music industry and making sure that at least you have a fair chance of making a career in having longevity then this is the channel for you make sure you click the subscribe button and then click the bell notification that you are notified and will be notified when we put up more videos now your question should be what qualifies me to tell you about the music industry well Ive had 30 plus years in the industry and me and my brother have had a successful and have a successful career in the music industry as songwriters for such artists as eminem snoop dogg kendrick lamar

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What is an example of a bad record deal?

A litany of bad record deals have been made throughout music history; Little Richard and TLC are just two of many examples. And Hip-Hop is no exception. N.W.A famously deteriorated due to their lopsided contracts with Ruthless Records, owned by Eazy-E and Jerry Heller.

What is an example of recoupment in record label?

Examples. Suppose that a music label gives a band a $250,000 advance to record an album. The label agrees to do so in return for 90% of the sales. In addition, the label will specify certain standards for production of the album, for example, which studios the band will engage.

What is cross collateralization in the music industry?

Cross Collateralization is a clause in recording and publishing contracts that allows a record label or publishing company to recoup outstanding advances from one album with other revenue sources and the next release(s).

Why is a 360 deal bad?

The Onus Is On The Artist And pay the price you will. In a 360 deal, its the label giving your career a cash injection. It doesnt help that they take a percentage of everything you make, but in an instance where they cant recoup costs, youre probably the one going into debt.

What are the two types of cross-collateralization?

Cross-collateralization in real estate can occur in two ways: When a borrower uses a non-real estate asset to secure a real estate loan, or when a borrower uses real estate to secure a loan.

What is an example of cross-collateralization?

For example, taking out a second mortgage on a property is considered a form of cross collateralization. In such a case, the property is used as collateral for the original mortgage. The second mortgage then taps into the equity that the propertys owner has accrued for collateral.

Is cross-collateralization illegal?

Lenders cannot use your businesss property as collateral without your consent. Lenders obtain your consent to cross-collateralization through a dragnet clause, which may allow the lender to use the collateral for any loans or other obligations your business may owe the lender.

What is a 360 deal in music?

360 Deals are exclusive recording artist contracts that entitle a record label to a percentage of earnings from all of an artists revenue streams, rather than just recorded music sales.

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