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In today's video, Damian Keys delves into the world of recording contracts, a dream for many musicians but with significant changes over the years. He discusses why major artists end up demonetized after signing huge deals and receiving luxury perks. Not a music industry lawyer himself, Keys receives various record contracts and highlights the importance of understanding what they entail. He emphasizes the need to be aware of the terms and clauses in a record contract to avoid becoming a cautionary tale in the music industry.