Musical Composition Agency Agreement
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How to fill out Musical Composition Agency Agreement?
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FAQ
Your own e-commerce website. market platforms like iTunes, Google Play, SoundCloud, eBay, and Amazon Music. music-centric platforms BandCamp, Spotify, and Pandora.
Recording company details (name, contact info) Artist details (group name, names of each artist, contact info) Production details, e.g. studio address, recording session dates, control over song selections on the recording, and control over album title.
Recording contract. Call it what you want, but it all equates to a legally binding agreement between the artist and label. Under the deal, a label generally pays for making, distributing and marketing the recordings.The label also agrees to pay you a set share of money from recording sales known as the royalty rate.
Publisher advance. Bulk payment to songwriter/composer as part of a publishing deal. Mechanical Royalties. Royalties generated through the licensed reproduction of recordings of your songs either physical or digital. Commissions.
The agreement or contract is the legal document between an artist or owner of an artwork and a borrowing institution, or between an exhibition organiser and the host venue.They are written to specify details about work to be undertaken and the expected outcomes.
Get it in writing. Keep it simple. Deal with the right person. Identify each party correctly. Spell out all of the details. Specify payment obligations. Agree on circumstances that terminate the contract. Agree on a way to resolve disputes.
How Long is the Term? This is a good starting point: how long will you be tied to this record deal? What is the Territory? What is Your Royalty? How Much Will The Label Invest in You? Does the Label Participate in Non-Record Revenues?
Get it in writing. Keep it simple. Deal with the right person. Identify each party correctly. Spell out all of the details. Specify payment obligations. Agree on circumstances that terminate the contract. Agree on a way to resolve disputes.