Music Industry Legal Contracts
Music Contract Jargon
Seeing that you are a musician, is a good chance that you are not a lawyer also. This definitely puts at a disadvantage when trying to read, review, understand, accept and sign contracts of music. Music business contracts can be tricky and confusing if you do not train with a legal framework. In the next few minutes, we will review and define some of the common jargon of music recording contracts.
The first sentence, which is obviously the agreement, the agreement we are doing with the label. In essence, it defines what the royalties to be paid to the benefit of his music. Some recording contracts can include an advance payment. This allows the artist to throw the ball rolling. You can get new equipment, new wardrobe, voice lessons, a car, a house, everything you want to get you going. Note that this money must be paid with future earnings, a loan not a gift.
Cross-compensation or cross-collateralization is the recovery of advances, costs or losses from other projects. Exclusivity is a word that can run through a few times in the contracts music business. This includes all things that are the exclusive property of the record company. They may want to own your present work, past work and future work. Most likely you own your logo, website, all goods, images and names. All these things will unique to your company, understand?
The territory of the contracts of their music is important and needs to be defined. The laws and rules are different in each country and you need to ensure that the music and rights are protected throughout the world, if possible. As I mentioned before, different countries have different copyright laws and things in this regard. Just make sure that the business contract defines the music.
How Time is your contract? This is known as the contract term. It is two years, seven years, two albums, eight albums? It is crucial to define the duration of recording contracts as soon as possible.
recording contracts can contain a lot of jargon. You may have to read about it on several occasions or visit the help of someone who knows what they are doing. Make sure you understand the copyright, publishing deals, recording agreements, terms promotion, and all the pros and cons of other artist contracts before signing. If necessary, consult the help of a trusted friend in the industry or perhaps a lawyer if you have the extra money.
About the Author
This is my take on this topic, I love doing this and I am extremely passionate about it, but If you want “Real” (yet Free!) Expert Advice about this stuff, that will make you a music industry success beyond your wildest dreams, you have got to read some of the stuff put out by a guy named Ty Cohen, founder of the MusicBizCenter.com/blog sign up for his free material and get more expert information on this topic from their site http://www.MusicContracts101.com . The stuff that they have on this topic are amazing and 99%better then everything else I’ve seen, including the paid stuff!
Other Must View Resources Include ===>>> http://www.MusicContracts101.com/ http://www.MusicIndustrySuccess.com/ and http://www.SellMusicOnlineLikeCrazy.com
Visit all of the sites above for more free information
Music Business Contracts | Entertainment Industry Agreements
|
|
Music Business Contract Library (Hal Leonard Music Pro Guides) $15.41 The indispensable resource for anyone in the music business. Every business arrangement in the music industry comes down to the written agreement between the parties engaged in the project at hand. When you’re co-writing with other songwriters or making p… |
|
|
Clearance & Copyright: Everything You Need to Know for Film and Television $19.06 Now extensively revised, updated, and expanded, “Clearance and Copyright” is the industry-standard guide to almost every conceivable rights issue that filmmakers, videomakers, and television producers might encounter: from the initial acquisition of material through the rights situations that arise during pre-production, production, post-production and release. Legalese-free, well-written, it’s a … |
|
|
Law and Business of the Entertainment Industries, 5th Edition (Law & Business of the Entertainment Industries) $60.00 In response to the increasing convergence of technologies in the entertainment industries, this thoroughly updated and revised fifth edition makes the casebook more timeless. Providing contract templates covering book publishing, recording contracts, actor agreements, video game agreements, and internet agreements, among others, this new edition is more useful and illustrative of the business of e… |