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Topic: Record contract

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	Record label - Wikipedia, the free encyclopedia
		Most major record labels are owned by a few large multinational companies (Big Four record labels) that make up the almost all of the global recording industry, although there is a recent resurgence in independent record labels.
		Often the record label's decisions are correct ones from a commercial perspective, but this typically frustrates the artist who feels that their artwork is being destroyed.
		In the 1940s, 1950s and 1960s, many artists were so desperate to sign a contract with a record company that they usually ended up signing a bad contract, sometimes giving away the rights to their music in the process.
	en.wikipedia.org /wiki/Record_label (804 words)

	Mclane & Wong - Articles: Breaking a Contract
		On the other hand, her contract did provide her yearly six figure nonreturnable monetary advances from which she was to record albums and pocket the difference between the actual recording costs and the advance (i.e., the "recording fund").
		It is important to note that buried within most record contracts is a notice provision whereby any claim of breach by the artist must be submitted in writing to the label with the label having an opportunity to cure the alleged breach.
		A record contract that is one-sided and skewed heavily in favor of the record company could be argued to be a contract of adhesion.
	www.benmclane.com /BreakCon.htm (4376 words)

	[No title]
		Records needed for internal and external audits and controls Adequate electronic record systems with sufficient accuracy, integrity, and accessibility are also necessary to support controls like internal and external audits.
		Record destruction and disposal Record destruction and disposal should generally occur only in accordance with a systematic and well-documented procedure and an approved records retention and disposition schedule.
		This 7001(e) requirement (and its sanction of denial of enforceability) relates to the form in which the record is made available to other parties, i.e., whether the record was provided in a proper form; it does not relate to whether the record was properly retained by the bank under 7001(d).
	www.occ.treas.gov /ftp/advisory/2004-9.txt (2571 words)

	Record Contract Basics
		Record companies require long term option contracts because if the band does do well, the label wants to make sure that the band stays with their company.
		The rule in record contracts is what the record company gives you with one hand, it takes away with the other.
		The fundamental touchstone of record contracts are "points." Points refer to how many percentage points a band will receive as their royalty rate.
	www.music-law.com /contractbasics.html (1842 words)

	® CAPITOL MANAGEMENT CONTRACTS - 800-767-4984 (toll free) info@musickeyword.com
		The parties have mutually agreed that the total amount of the recording and production budget will be used by the record company and producer to pay for the recording costs associated with the items set forth in the attached budget which is shown at the end of this contract.
		The record company shall have the sole and exclusive rights to distribution of it’s own product and has the sole and exclusive power in what radio, television broadcast, or media outlet the artist or parties speak with concerning this recording contract.
		Single compact disc records sold in compilation, each artist’s share of the royalty payments shall be calculated by dividing the total number of sides or compositions of the compilation disc into the statutory payment and all artist’s shall be paid equally regardless of chart status or sales status.
	www.angelfire.com /tn/capitolmanagement/artistcontract.html (3356 words)

	The Austin Chronicle Music: The Truth About Record Labels
		In recording contracts, artist royalties are negotiated in "points." When industry people use that locution - "We'll give you 15 points" - they're referring to the percentage points they pay an artist on each album sold.
		Like most facets of a recording contract, this is negotiable; if there's interest from multiple labels, a band can use that to try and leverage a greater artist share.
		Moreover, a typical contract will also have a free goods deduction, reading something like "two shipped free for every 10." This is more entrenched language, like the damaged goods deduction; per an agreement through labels and distributors, record companies used to put two free records in every box of 10 shipped.
	www.austinchronicle.com /issues/vol17/issue41/music.labels.html (3436 words)

	FMC \| Major Label Contract Critique
		The majority of artists regularly sign contracts that seem to go against their best interest as a concession for gaining access to the means of production, distribution and promotion that is increasingly controlled by five labels and their parent corporations.
		She records 15 songs written by the record label’s “affiliated publisher” who charges the full statutory rate of $.075 per song, or $1.13 for the album.
		Traditional contract royalties begin at a much smaller “11 –13 percent” and allow for that royalty amount to be further diminished through a process of unfair deductions that are standardized within the industry.
	www.futureofmusic.org /contractcrit.cfm (4638 words)

	What's a Record Deal All About?
		Record labels are attracted to acts that have built a strong following and have proved to the industry that they are a solid investment.
		Every record contract includes a provision stating that the deal is “exclusive.” In other words, during the term of the agreement, you can’t make records for anybody else.
		Therefore, an exclusivity clause in a contract refers to the fact that you may only contract with this record company (you are “unilaterally married” to that company.) I strongly recommend that your attorney define the extent of exclusivity.
	www.musicbizacademy.com /knab/articles/recorddeal.htm (1554 words)

	Vocalist Recording Contract in favor of record company
		This letter constitutes the formal agreement ("Contract") between [Record Company] and yourself, whereby the Company agrees to retain you and you agree to provide your professional services as a vocalist and song stylist for the purposes of making studio recordings ("Recordings"), all as hereinafter set forth.
		The term of this Contract shall be for a period of _______ [month(s)/year(s)], commencing the _____ day of ______________, _______.
		Recordings will be made in such sessions and studios and at such times and places, and together with such musicians and other performers as the Company may designate.
	www.megadox.com /docdetail.php/5042 (395 words)

	[No title]
		One final related issue is whether the record company will require the artist to record in the company's studios or work with a particular producer or A&R person assigned by the company, or whether the artist is free to record under its own control and/or in its own studio.
		It is in everyone’s best interests to determine the recording conditions before the deal, and you should treat recording these demos seriously, as you would recording an early album.
		This pertains to the issue of the artist's obligations if the record company does not sign the artist either because it did not act, or because the artist and his representatives were unable to come to an agreement on the terms of a recording contract with the company.
	www.starpolish.com /advice/print.asp?id=55 (1800 words)

	Artist Record Label News
		In these deals, the record company waves the Producers fee and all you have to pay is the Production cost to record a quality demo, and if they like it they have the first right to sign you to a full record contract.
		short-form) or long-form record contract is attached to the demo deal with the representation that those will be the terms of the record contract if the label decides to sign the artist.
		However, since this requires extensive negotiation of the proposed terms of the record contract in advance of doing the demos, the usual procedure is to have the demo deal refer to a period of "good faith negotiation" for the record contract after a decision is made to pursue the artist.
	www.castlerecords.com /ca00002.htm (1094 words)

	Racer Records - Sample Contract
		To Seller, as to records sold within the United States, a royalty as specified in the attached schedule A for each unit manufactured and sold by Company on which is embodied any of the selections recorded in the master recording purchased hereunder.
		Company agrees to obtain all necessary reproduction and distribution licenses from the copyright owner of the compositions embodied in the master recording which is the subject of this agreement, and to pay mechanical license fees which may become properly due by reason of the sale of records manufactured by Company from said master.
		The right to use and to control the use of the said master recording, matrices, mothers, stampers, or other copies or derivatives and records produced from the said master recording, and the performances embodied therein, in all of the countries in the world.
	www.racerrecords.com /SampleContract.html (2079 words)

	Band contract - Producer agreement - Management - Venue contract templates
		Seven crucial contracts are included, all of which can be used for study or for your own professional use.
		It is all too common that a band rehearses for years and when a record company finally offers a record contract, the label only wants the lead singer or the main front people.
		This record contract is longer and more involved, typically what a major or established indie label would issue to its artists.
	www.aandronline.com /contract_templates.html (352 words)

	New York Daily News - Entertainment - A music industry case study (Site not responding. Last check: 2007-10-22)
		But the Contract calls for "packaging deductions" of 25%, so the gross drops to $6,367,500.
		Because the band was hot, they got an advance from the record company of $300,000.
		They spent $200,000 of that recording the album, which included a $50,000 advance to the producer.
	www.nydailynews.com /entertainment/story/60991p-57008c.html (376 words)

	record contract (Site not responding. Last check: 2007-10-22)
		A record contract mans that you have made it.
		Record companies have been consolidating recently which means that the major players are now even bigger companies.
		There have been cases where artists have spent about $5000 recording and producing their own record, then spent another $6000 getting 5000 CDs made and sold them to local crowds ranging from $7 wholesale to $15 retail and have come away with $30,000 or so in net profits.
	www.thebridgeproductions.com /music_audio/musresources/recordcontracts.html (542 words)

	Rocknerd \| What a US record contract used to look like (Site not responding. Last check: 2007-10-22)
		By, for instance, serving up record contracts like this one.
		Some historical notes: The contract dates from the mid to late 90s - hopefully current deals are a little clearer, if not fairer.
		The record label involved, Time Bomb, was middle-sized at the time and had okay distro - these days it doesn't seem to be much more than an Amazon.com shopfront.
	rocknerd.org /articles/04/06/30/0253203.shtml?tid=7 (224 words)

	StarPolish Artist Advice: The Best, Most Comprehensive Artist and Musician Career Advice
		Many record companies these days, before they offer a new artist a multi-album recording contract, will offer an artist what is known as a "demo" deal or a "development" deal.
		In these deals, the record company pays you to record a quality demo, and if the company likes it, it has the first right to sign you to a full record contract.
		The deal usually consists of two parts: The first part states the conditions surrounding creation of the demos, and the second states the parameters of the "option" granted to the record company after the demos are completed.
	www.starpolish.com /advice/article.asp?id=55 (366 words)

	Boston.com / Sports / Football / Vick pockets record contract (Site not responding. Last check: 2007-10-22)
		The Atlanta Falcons' star quarterback signed a 10-year, $130 million contract extension yesterday that guarantees him a league-record $37 million in bonuses.
		Vick's contract surpasses the $98 million deal Indianapolis quarterback Peyton Manning signed in March -- although Manning's contract is for seven years.
		He is 14-4 since returning from a broken ankle last year, and this season led the Falcons to just the third division title in franchise history.
	www.boston.com /sports/football/articles/2004/12/24/vick_pockets_record_contract (499 words)

	Yashin lands record contract with Islanders - 9/9/01 (Site not responding. Last check: 2007-10-22)
		Actual terms were not disclosed, but the contract is for $6.4 million in the first and the final season.
		It reaches its payout peak in the middle of the contract, and except for incentives for finishing first, second or third in the voting for the league's major awards at the end of each season, there are no other bonuses -- personal or team-related -- in the contract.
		Any contract up to five years in length is easily insured, but anything past that has to be worked on creatively.
	www.detnews.com /2001/wings/0109/09/sports-286390.htm (804 words)

	TV Notes: 'Simpsons' breaks record with contract renewal
		Perpetual 10-year-old Bart, his clueless dad, Homer, and the rest of the Simpsons clan are about to go into TV history as stars of the longest-running sitcom ever.
		As cartoon characters, Homer, Marge, Bart, Lisa and Maggie never grow old and, unlike live actors, can't hold out for more money (although there was a contract dispute a few years ago with the people who provided their voices, there were no such problems this time).
		The record for the longest-running prime-time show of any kind seems safe.
	www.post-gazette.com /tv/20030121tvnote0121p5.asp (393 words)

	FOR RELEASE:
		The 4-year contract calls for RRC to provide information operations and information technology support of the Naval Computer and Telecommunication Network Facilities in Guam.
		This is a record contract for any PAR Technology company and comes after a recently announced then-record contract to RRC for similar Navy I/T support services in Puerto Rico.
		When combined with the other contracts awarded this year, Rome Research has received over $100 million in new awards - which is a record for the Company.
	www.partech.com /pressrel/103002RRC.htm (618 words)

	Secrets of Negotiating a Record Contract - The Musician's Guide to Understanding and Avoiding Sneaky Lawyer Tricks
		This book dissects and deciphers actual recording contracts, literally translating them into "real English" and presenting the originals and translations side by side.
		Grouping the contracts' clauses by issue - advances, royalties, distribution, and more - Secrets of Negotiating a Record Contract explains the need for each clause, offers advice on negotiating certain points, and outlines alternatives for developing new contracts.
		Clause by clause, it deconstructs actual contracts and translates them into real English, presenting the original and decoded versions side by side.
	www.4beatz.com /proddetail.asp?prod=0030776 (324 words)

	U-WIRE.com/Texan wins $1 million record contract on 'American Idol' (Site not responding. Last check: 2007-10-22)
		Kelly Clarkson, 20, of Burleson, Texas, walked away with a $1 million recording deal and a built-in fan base after a 13-week competition to become the American Idol in the biggest television event of the summer.
		With "American Idol" judges Paula Abdul, record producer Randy Jackson and BMG Records executive Simon Cowell looking on, all 10 of the "American Idol" finalists took the stage of the Kodak Theater to perform together and congratulate Clarkson on her win.
		The show's executive producer and resident sourpuss Cowell himself emerged as a major winner from the show, signing Clarkson to his BMG record label and earning $1 million to return as a judge on "American Idol 2," which Fox plans to air in the spring of 2003.
	www.uwire.com /content/topae090502002.html (547 words)

	Band lands record contract through the Net \| CNET News.com
		FarmClub's standard recording contract has drawn some criticism, however.
		The contract lays out a six-album deal with advances ranging from $275,000 to $650,000 for each record, but it also claims all rights to a musician's "official" Web site and online distribution.
		Some music industry lawyers and at least one band that spoke out against the contract say FarmClub's tactics fly in the face of the MP3 revolution, which is rooted in empowering artists through self-promotion.
	news.com.com /2100-1023-237388.html?legacy=cnet&dtn.head (1042 words)

	Amazon.ca: Books: Secrets of Negotiating a Record Contract: The Musician's Guide to Understanding and Avoiding Sneaky ... (Site not responding. Last check: 2007-10-22)
		It dissects and deciphers actual recording contracts, presenting the originals and “real English” translations side by side.
		Here he dispelled the many misconceptions I had about record companies and their contracts AND he helped me to understand what is really being said in these contracts (and it's scary!).
		He REALLY understands contracts and explain things in a manner no one else seems to be able to do - it must be a sixth sense..
	www.amazon.ca /exec/obidos/ASIN/087930636X (644 words)

	USA Recording Contract
		Use this template to prepare a Recording Contract for the United States, between a record company and a musical artist for production and distribution of a master recorded by the Artist.
		All expenses will be paid by record company and reimbursed from gross income from sales of the record.
		The resulting recording (hereinafter referred to as the "Recording") shall include music of not less than forty (40) minutes in playing duration, and shall be of a quality which is equal to master recordings normally produced for commercial distribution.
	www.megadox.com /docdetail.php/4844 (478 words)

	CNN.com - The 'Britney' backlash: Budding songwriter rejects record contract - Dec. 2, 2003
		CNN.com - The 'Britney' backlash: Budding songwriter rejects record contract - Dec. 2, 2003
		"Everybody is sitting there listening while the record is being made and people who have never picked up an instrument, who probably couldn't even hum a tune, are sitting there talking about what needs to be done with this music," he says with disgust.
		The young musician, who has been compared to David Gray and James Taylor, recently turned down a contract with a major label to produce his first full-length album.
	www.cnn.com /2003/SHOWBIZ/Music/12/01/hln.hot.hit.alexi.murdoch (652 words)

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