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In this YouTube tutorial, Damian Keys discusses the changing landscape of recording contracts for musicians. He questions why many major artists end up with demonetized deals despite their massive success. Keys, who is not a music industry lawyer, reviews the key components of record contracts and advises artists on what to look out for to avoid becoming a horror story statistic when dealing with labels. The tutorial aims to provide clarity on the meaning and implications of modern recording contracts, emphasizing the importance of understanding the terms and conditions to protect oneself in the industry.