What to Expect in a Recording Contract
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- Опубліковано 8 січ 2008
- In this www.artistshousemusic.org interview, Maggie Lange, an attorney and Professor of Music Business/Management at Berklee College of Music, describes the major points to be found in a recording contract and what they actually mean for you, the artist, such as: the term of the contract; what your royalty checks will actually contain; and what decisions are taken out of your hands when you sign on the dotted line.
She just clarified why I hate the industry, and why I'm proud to be indie. At least she is honest about the fine print.
Holy crap... No wonder Prince was so frustrated😨💔💔
And Michael Jackson
True also also signed a mad contract please watch prince slave trade.
Smart lady. This person knows her stuff.
She is telling it strait up, I know first hand record company's are very funny if they decide not to release a project but keep your music tied up it's called sitting you on the bench. Many record company's play a trick on artist it's called keeping the talent off the street. They will sign a singer or a act and do nothing with them to keep another record company from signing them and making competition. It's not fair but it's the way things are done in the music business.
I know im.late but i just read a buzzfeed article and verbatim record companies snatch up artist just to say I got that artist.But if your making momey why bench them?
Pre internet?
wow my old legal aspects teacher at berklee
Thats why you want to keep it to as few albums as possible.
I’m glad she’s explained what it takes in detail. 👏👏
You can make great money if you go indie and KNOW what you are doing
Facts
By joining all the performance rights organizations?
Create a buzz or flame up before signing to a label to give you more clout.
Thanks for the info! Very helpful
Super cool to hear this. I dreamed of being a famous rapper when I was 12. Never happened. Cool to hear more of what it's really like.
Thanks. This is Very helpful. We need more Insights if possiple.
excellent video
damn..this has to be my new favorite video
NICE WORK!
This is good information, presented well. I know it's popular now to dis record labels, but there are currently more potentially evil digital parasites, streaming services and television talent shows lurking around than there are labels. Short story seems to be that if you're a pop artist, a label is probably your best shot, and could learn from this lady. If not, now is a great time to be indie.
Disagree with the second last part but yeah, the labels aren't the only snakes
Damn...seems like dealing with record companies is tough...unless you make it very big I guess
Not only that, but you have to stay big. If your next album flops, they can still easily drop your ass to the curb and then you end up in debt. It's like taking a loan out from a bank to start a business and then having it foreclosed; ending up losing money. That's why there are so many one hit wonders. If they can't write another radio song, they're done for
thank you.
I wish this woman was my grandmother!!
Wtf lmfao 😂
thanks so if you are droped can you go on and do new things or you still under contract?
what i have heard mostly with pop artist or hiphop/r&b artist is that they get a all in advance that includes a budget so that the artist can pay the producer and things of the sort. like a recording budget of 500,000 plus the artist advance. Ive heard this would be because it cost alot more to pruduce these records than for rock and country.
CHA
Understand, this world is place of business, no matter what field of career you choose, you are meant to sacrifice in some kind of way, in consumer words you would say that person is trying to set an example but again in reality we're all slaves to society if you want to make money.
So if your dropped after the first album I'm guessing they have to pay back the advance if the sales were horrible? How does that work
Nobody will read this but no - the debt from the advance is written off.
i'm never signing.
Good for u bro
its been 2 years, hows your career going?
@@slidenthru9203 getting ready to drop my first demo! once i do, it'll be something special. follow me on ig @emantheheartbreak for updates
@@EmantheHeartbreak how long would it take for you to drop a LP?
@@slidenthru9203 all depends. the demo is 7 songs so i have a body of work out. then I'll just be putting out singles until I get a big enough fanbase to put out a proper project.
Guys keep in mind this is 12 years ago when the video was posted and the world is much much different.
so what's your point?
@@tenthousandstrong2503 obviously that recording contracts are not the same as twelve years ago at all. People still get screwed over but a lot has changed since then.
I'd love to spam right now xD but it doesn't seem right.
nice
Where do i do that? I'm ready to get rich!
I got a Question ⁉️
does a record labels request money from a new artist to sign a contract ... for an example they ask a new artist for $350 to $400 to get the contract drawn up so they can arrange the signature ...
No label is supposed to be requesting money
Its up to you if you wanna sell your soul or not. only you have controle over that.So get your soul off the market and put your music on.
yea sure
WORD
@ClarenceMurphy Jaja that's what I was thinking lol
It's no secret that it's just a loan.
She's gorgeous.
Pastel The Painter perv
@JohnF30Music exactly, the music industry is just that, an INDUSTRY. I hate when artists with crap overly obsure, anti mainstream and artsy music with no appeal (let alone mass appeal) bitch about not making it, if you're all about your "art" so damn much you wouldn't even be going after a deal, there are house musicians, music teachers etc playing music for the love of it all over the world. let's be honest everyone in the industry wants at least some kind of money in the industry
Listen to this woman and also get your self a book called "All I Need To Know About The Music Business" If you have not been signed to a major record label or you are not a attorney who secures record contracts with record company's then do not make waves in uncharted territory as you do not know what you are talking about.
Judging by the comments, you'd think this lady is Satan, lol. I'm not saying she's got a great set of morals or anything, but she gave a lot of insight. She wasn't trying to give an opinion of any sort, just explain the ins and outs and she did a great job at it. Me, I fucking hate the record industry, but I didn't find this nearly offensive as one might think.
im gonna be seeing some producers on the 24th november,there are very well known but i have to pay out the money they said there would meet me have way for 4 demo,s its will cost me £3,400 pound which works out at £283 for first payment then another £283 from studio time,and then £284 for final mix down,it would be 4days inthe studio per song,there would sort out a show case for me talk to the record labals and barter for the best deal for me,i hope im not falling into a scam,
If you can cope alone, stay alone, keep a label out. First you need to create value for yourself so you have a better starting point when you actually negotiate a contract. A artist with no buildup value doenst have the power to change a contract to protect his own wishes. He will be a puppet. The first year dont even think you earn decent money because the investment of the label has to be earned back. Artists earn money with gigs.
Ellen Degeneres enlightens us!
39 other clowns found your comment amusing.
[slow clap]
@@33eye33 52 now
3:12 "12% royalty rate to about $8 or $9."
You could still make a million dollars off royalties if you sell a million records (going platinum).
The point is after you have paid the label back for all that advance money, plus production cost.... lawyer fees, management fee’s etc.....12%, whether $12, or $8/9 will definitely “NOT” make an artist a millionaire, but just simply keep them in debt! ARTIST: If you’re looking to get rich making music, then educate yourself on the Music Business, stay Independent, gain traction in your own lane, invest in yourself..... for goodness sake social media is flooded with so many outlets. Signing to a big label is pointless, unless you’ve already established yourself. You can make demands when you have put in the work LEVERAGE IS POWER! IJS
~eatingmyownwordsbtw~
she did not mention that you have to seel your soul for big fame.
Seel?
*****
Shits funny
*sell
Somebody get her some water.
I heard the,stories you get fucked in the music biz. Alot of people thank you getting paid big bucks
Sign up to Starsof W W W . com and get in our contest to meet with 3 major A&R's
nothing is free...its "free" to the public...but usually picks up somewhere else along the lines..so there's not really a deal of being "free". just marketing schemes.
in a nutshell childish example of how this works...
candy bar: $1
or
two smaller candy bars for $0.50 each.
@JohnF30Music
Oligopolies aren't evil? Wow, that's news to me.
CHECK OUT THAT BROOKLYN RAPPER A I GANGSTER ON UA-cam
What to expect in a Recording Contract??
To be shafted on from every angle.
@planetery thats not Ellen...... hahahahah lmaoo
If you can convince someone to loan you all the costs of making it- which is what Sony does - it's about 2 million invested according to Simon Cowell- which is for all that is needed to launch and promote an artist and you behave like it's a business then you might break even in 5 years - if you know what ur doing. Lets face it -a Label is there to make money off you.It's not a charity. But If you have some core fans - which most bands have, well , you can have fun and make a living...
To twist it back into more accurate words: it's a rip-off.
She isn't being entirely truthful here. The record company can simply decide not to release any of your music because they don't "hear a hit," but that doesn't mean you get to walk away and have another label put out your album. They still own you until THEY decide they don't own you anymore. If they want to tie you up so that no one else can sign you, they can do that. At some point your career is dead and THEN they release you. Good luck.
KatManDude then i drop mixtapes with everybody’s instrumental
KatManDude So true
Artistic differences....
Poor commercial sales....No follow up Hit Records....I tell you All its More fame than fortune $$$.
ASCAP.🎶
To solve that, make your own music, promote your own creativity, package your own! Don't sign the contract! It's that simple. Therefore they own nothing 🤣. Most importantly write your own music! You make all the money. You don't need them 🤣😂🤣 promote yourself 💁
The new model is worse!!! poor us...........Thank you
not if u have god!!
the new model is even worse.
This helps out alot Thanks and you can buy my new single at itunes.apple.com/us/album/naughty-party-she-wants-me/id501739643
thanks
Sheesh....her crows feet warps around to the back of her head....how ol is Dis broad
hahahah shits funny
I think the old record company model was absolute bullshit and a ripoff to artists........The way she describes it it sound terrible
damn lady, could you be any less prepared to talk about this. You said uhmmmm about 50 times. Its distracting and annoying
Mr. Manson cut the lady some slack. Hell they may have just sprung this on her and she did it because she didn’t want to say no or something. Naw ...second thought ..fuck her lol.
shut up she's giving good info
Brian you turd listen to the CONTENT not how many times she says UM. Ya THINK?