Article: Recording Contracts Explained; A Guide To Contract Terms By Patrick Okolie
- Post by: Public
- on: 25-06-20
You’ve written and recorded your demo, you’ve played some great gigs,
and you can now boast a multitude of MySpace friends, from Watford to
Wichita and back again. A&R guys are falling over themselves to get
to you and there’s now a major-label record deal on the table. What do
you do? Sign?
If this is the fortunate dilemma in which you find yourself, hold fire. Before you do anything, you’ll need to know what’s up for grabs. If you want fame and fortune and everything that goes with it, without the pain of disillusionment and legal hassles later, you’ll first need to do a little homework.
Understanding The Jargon
Because of their legal complexity, recording contracts can be quite hard to decipher. They come in different shapes and sizes, and will often vary depending on the label, and the status of the artist involved. Even so, many of their commercial terms are similar. They certainly require closer inspection in an article of this scope.