This form is a generic agreement between a recording artist and a company relating to the production and sale of a music video and related videotape or audiovisual recording productions.
This form is a generic agreement between a recording artist and a company relating to the production and sale of a music video and related videotape or audiovisual recording productions.
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An artist assigns and transfers ownership in their sound recording copyright(s) to a record label, (usually) in return for an advance and subsequent royalty payments. The record label often agrees to market, promote, and license the recordings to music users such as streaming services and consumers.
Think of it like a loan. The label invests in your music and development, then you pay them back a set amount from your earnings. The label also agrees to pay you a set share of money from recording sales known as the royalty rate.
A recording contract (commonly called a record contract or record deal) is a legal agreement between a record label and a recording artist (or group), where the artist makes a record (or series of records) for the label to sell and promote.
When an artist gets signed to a label they get money, called an 'advance,' to make a record. When the record is released, the label keeps all the money until they have recouped their expenses, which includes the advance, recording costs, promotion, and legal fees.
To help you get started, take a look at a few basic components to include in your contract so you can better protect your art business.Client Info.Project Info and Terms.Project Timeline.Costs and Payment Terms.Itemization.Artist's Rights.Cancellation Terms.Acceptance of Agreement.