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M USIC RECORDING CONTRACT Form
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People also ask
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What is a 50 50 record label deal?
Many small to mid-size labels offer a “net 50” deal, which means that after they've recouped their expenses, you and the record label split profits 50/50. You'll want to clearly define what expenses are allowed, and include some language that larger expenses (over $1000 for example) require your consent.
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What does 50 50 deal mean?
In the typical 50/50 co-publishing deal, since half of all income is writer's share and half is considered publisher's share, you are entitled to 75 cents of every dollar earned (i.e. your full 50 cents as the writer and 25 cents as the publisher, since you assigned half of the publishing away).
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What is a music recording contract?
A recording contract is a legal agreement that is most often made between a recording artist and a record label. When offered a recording contract with a label: Make sure you know how and when you will be paid. Ideally you will be given a cash advance in lieu of future royalties.
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How to make a recording contract?
How to create a Music Recording Contract Step 1: Specify where you're creating the Music Recording Contract. ... Step 2: Provide the recording company's and artist's details. ... Step 3: Outline the production details. ... Step 4: Outline the recording details. ... Step 5: Decide if the contract will include an exclusive agreement clause.
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What is a 70/30 record deal?
The industry standard is 50/50 , our's is 70/30 – that's 70% to Artist and only 30% to Company but when the Contract ends you retain 100%.
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How much money do you get from a record deal?
The revenue is generally split between the label and the artists, but prominent artists may be able to arrange exclusive or preferential contracts. This option may not always be available for artists of lesser stature. On average, record labels take between 50 and 90 percent of what an artist or band makes.
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How does a 50/50 deal work?
Take the example of a 50/50 profit share deal between label and artist, with the project having earned £50,000 in sales and the label having covered £30,000 in costs. The project has a profit of £20,000. The label will thus pay half of this amount to the artist and both parties walk away with £10,000 in profit.
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How does a 50/50 record deal work?
Some indie labels do simpler profit share deals, where all the costs are recouped out of future income – though all the income, not just the artist's share – and anything that comes in after that is then split between the label and the artist, usually on a 50/50 basis.
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