Music contracts are ambiguous, however you’re more inclined to have an effective profession in the music business if you can comprehend and discern the terms.
At Devine Jamz Gospel Network we received numerous input from artists that assumed they would receive free marketing services by signing with music labels or entertainment companies. But what they do not understand is that many indie labels require artists first to prove that their music can sell thousands of units on their own to assure a ROI will be made if a record label invest tons of dollars marketing your music. Sure, you can tell them you have a large fan base and that’s great. But fans should be buying your music. If they are not, it will be tough getting labels to risk spending thousands of dollars on your marketing needs.
In this video tutorial, author and attorney Rich Stim covers the main language, concepts, clauses, and stipulations in four major types of contracts: recording, management, performance, and rights agreements.
You will learn how advances and royalties work, how to maintain creative control, and what happens when a member leaves a band. Rich also tackles management contracts, describing what managers can do for you—and what to do when you need to let them go. Next, he explores the basic terms, riders, and payment options in performance contracts. Then learn about releases, artwork permissions, publishing and producer agreements, and other types of legal arrangements. Rich wraps up the course with a discussion of oral agreements, attorney fees and roles, and five basic rules worth remembering for every music contract.
Devine Jamz Gospel Network
Christian Music Marketing Promoters
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