In the absence of a written agreement you automatically share equally, even if your contributions clearly were not equal. Thus, with two songwriters, you own the song 50-50; three songwriters, one-third each; and so on.
A collaboration agreement is a legally binding contract between two or more parties, aimed at a mutually beneficial project. Sometimes known as a joint venture agreement or strategic alliance agreement, a collaboration agreement is necessary to define each party's roles and responsibilities.
How To Get A Songwriting Staff Writing Deal Get to know music publishers organically. Co-write with signed writers. Do your homework. Use everything you do well to your advantage. The fastest way to get a songwriting staff writing deal is by writing great songs.
No writer may assign an exclusive right to a song without the consent of the other writers. Most importantly, this means that none of the co-writers can deal with the publishing rights (that is, the ownership and administration rights) of the other songwriters.
Under the exclusive agreement, the songwriter agrees to assign all compositions written during a specified term (for example, 2 years from January 1 or 1 year with four options), with the guarantee of a share of the income generated and usually a proviso for weekly or monthly payments.
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.
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.
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?