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In this video tutorial, Damian Keys discusses the changing landscape of record contracts in the music industry. He examines what it means to have a recording contract in the modern age and why many artists with massive deals end up demonetized. Not being a music industry lawyer, he reviews various record contracts to highlight key points and elements artists should be aware of to avoid negative outcomes with labels. The focus is on understanding what is in a record contract and how to navigate the complexities to protect oneself as an artist in today's music industry.