
12th September 2007 - by Ty Cohen
Exploring Music Contracts
Music contracts are complex little things, aren't they? It is
many an artist's dream to be offered incredible music business
contracts! Understanding them when they do come along is
crucial to the survival of your career.
The ins and outs of recording contracts can be reviewed by an
entertainment lawyer, but why not understand everything on your
own in addition to this.
There may be a place in music contracts that talk about Tour
Support or something along that line. Well, what exactly is
tour support you ask? This is basically the funding that the
label will advance to the band, group or artist. This is meant
to pay for any losses that occur from touring. This may
typically apply to new artists because tours sometimes cost
more than the artist earns from the tour.
Unfortunately though, tours are absolutely necessary to promote
CDs, acquire exposure and sell merchandise. The label will
often have to front the money so that the tour is possible.
Recording contracts usually state that tour support money is
reimbursable from royalties. So, in the end the band will pay
the entire cost of the tour.
Another important question that is covered in recording
contracts is whether or not you can appear on other albums.
While you will not be able to record solely for other
companies, you will be able to make a guest appearance, no
problem.
Guest performances are usually called sideman performances in
music contracts. The Record Label usually always benefits from
their artists doing sideman performances. Your record company
will require a courtesy credit on the album that acknowledges
you are signed exclusively with their label. Different rules
many apply to groups when it comes to recording contracts and
guest performances. It all depends on whether or not your label
has included it in the music business contracts or not.
Recording contracts are complex but you can gain a firm
understanding of them and all that the entail. Having an
entertainment lawyer is completely and totally up to you as an
artist. But let me warn you, they can get expensive. But if you
are going to hire one, then make sure you pick them and you pay
for them. You want them on your side no matter what. Either
way, it is important that you have a good idea what is going on
as well so you aren't a sitting duck.
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Online music industry's most recognizable
voice-the former owner of an Indie
label-current owner of Platinum Millennium Pub.
& music industry seminar speaker/panelist.
Author/creator of 40+ best-selling music biz
materials & other "How to" resources, that
helped 1000s of people. Visit http://www.order-yours-now.com/
for more information on music contracts,
recording contracts & music business
contracts.
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