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?
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.
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?
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.
Negotiate An Exit It may involve a buyback and, of course, serious legal fees. You may find yourself paying back a portion of the advance and lose your recording ability for a while. The good news is that you'll be released from the recording contract.