The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
How to draft a contract between two parties: A step-by-step checklist Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.
Your Music Recording Contract should cover details like: Compensation and royalties. Where and when the album will be recorded. The album's release date. Who has creative control over specific elements of the album. The termination clause. The exclusive agreement clause. Dispute resolution. Promotional appearances.
Yes, you can write your own contract. However, including all necessary elements is crucial to make it legally binding.
How to get signed by a record label Define your sound. Build your online presence. Release high-quality music. Develop your industry network. Submit your music. Music managers and music lawyers.
Music contracts usually discuss how income streams will be collected and distributed between contracting parties. Relevant questions to ask are who collects income, how often is it distributed and what rights do you have in ensuring the distribution of income is accurate?
Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.
The industry standard is 50/50 , our's is 70/30 – that's 70% to Artist and only 30% to Company but when the Contract ends you retain 100%. We do not own anything. Q: On a Record and Distribution Contract, do I retain my Publishing rights and Copyrights?
The best way to catch a labels attention is to successfully do the work that a label would do themselves. Build a social media presence. Get your Twitter followers up, Facebook, SoundCloud and YouTube etc. It shows you're able to communicate well, and able to understand some of the business side of things.