 |
|
|
FREE OFFER!
|
Music Contracts The World's Largest
Music Business Website
If You Buy Contracts from Other Websites…Beware!
Why Take the Chance?
Can Cost You Big Time! IMMEDIATE DOWNLOAD! with PACKAGE DEAL |
Music
Industry Form Contracts
Crafted From Over 30 Years of Music Business
Savvy!
Get the Superior Comprehensive Coverage Only Seasoned Experience Affords
Benefit to You... No Worries Concerning
those Huge Legal Fees Down the Road!
La Costa Music Contracts Include the
Crucial Contract
Clauses
The Cookie Cutter 'Buy In Bulk' Websites Have Omitted!
You Order, La Costa Music
Delivers…
Contracts are Editable and Come in Both .txt and .rtf Files
(Text Files and WordPad/Word Rich Text Files)
Plus!
Act Today and Get this Super
Deal!
Now for
a Limited Time Only
Bulletproof Your Band As
Well... at No Additional Cost
Receive
This Vital Band Member Contract Absolutely FREE!
'The Band
Member Agreement'
This Comprehensive
Contract is Crafted to Cover
The Critical Areas that the Competitors' Contracts Leave Out!
(See Below to View Sample and Read a
Synopsis of this Contract)
This
Means You Get 12 Music Contracts
for only
$49.95!!
FREE!! BAND
MEMBER AGREEMENT - View
Example $29.95 FREE!
with 12 Contracts Package Deal for $49.95! #1 ARTIST
MANAGEMENT AGREEMENT - View
Example $27.95
Click Price to Order Individual Contracts! #2 DEMO
RECORDING PRODUCTION AGREEMENT - View
Example $27.95
#3
DEMO SHOPPING AGREEMENT I - View
Example $19.95
#4
DEMO SHOPPING AGREEMENT II
- View
Example $19.95
#5
COPYRIGHT ASSIGNMENT AGREEMENT
- View
Example $14.95
#6
MECHANICAL LICENSING AGREEMENT
- View
Example $19.95
#7
MASTER RECORDING PRODUCTION AGREEMENT
- View
Example $29.95
#8
RECORDING CONTRACT
- View
Example $29.95
#9
DISTRIBUTION OF PHONORECORDS AGREEMENT
- View
Example $19.95
#10
BOOKING AGREEMENT
- View
Example $19.95
#11
SOUND AND LIGHTING CONTRACTING AGREEMENT
- View
Example $19.95
'The
Band
Member Agreement' Buy
All 11 Music Contracts
Listed Above
And Receive this
Comprehensively Crafted Band Member
Contract
12 Music Contracts Package Secure Online Ordering Here!
Individual
Music
Contracts Secure Online Ordering Here!
Entertainment
Law and Media Law Services
Didn't
See the Music Contract You Need?
"The Ultimate Research Site!" | "The Taking Care of Business Website!" |
CONTRACT--A CLOSER LOOK
The word contract scares many. It makes some uneasy and others just ignore there is such an animal! Why is this so? There are many reasons. Among them are:
1) Contracts are too complicated,
2) Contracts are too costly to draft, and
3) Contracts are too costly to enforce.
In other situations contracting parties fail to draw up a written agreement. Their reasons also vary:
1) Contracts are too complicated,
2) Contracts are too costly to draft,
3) Contracts are too difficult and costly to enforce,
4) The persons involved "trust" each other and see no
need for a written instrument, and
5) They fail to foresee or understand the benefit of "getting
it in writing."
Often, the agreement is that "we will work things out as time rolls along." Actually, "agreeing to agree" amounts to "agreeing to nothing!" The fact is, more often than not, things change with time. Examples:
1) Memories become blurred as to what exactly each parties'
responsibilities were,
2) Intentions and verbal communications are misinterpreted,
3) The negotiating power of the parties often, if not always,
changes with time,
4) Costs are miscalculated and/or misrepresented,
5) Unanticipated competition in the marketplace arises, e.g.,
new competitors emerge, technological breakthroughs of existing
competitors, etc.,
6) A party is unable to deliver part or all of agreed contribution(s),
7) Uncontrollable circumstances or events change or terminate
the ability to continue specified activities, and/or
8) The contractee's spouse has an affair with his trustworthy
partner.
The consequences are obvious-monetary losses, unwanted lawsuits,
terminated friendships, stress, etc..
In still other instances people sign contracts and have little
or no understanding of what or why they signed! Worse, they do
not foresee the possible ramifications of their signing. It may
be shrugged off as "just another form," or "just
some of the necessary red tape."
Although alien and disturbing to many-let's face it, contracts
are a fact of business life. The best approach then, to minimize
the negative aspects here-to-for mentioned, is to grasp at least
a functional understanding of contracts, i.e., one must familiarize
himself to the extent that he will become "functionally contract
literate." What is that? That means he will be able to tell
if he is the "duper" or the "dupee!"
In this discussion about contracts the objectives will be to:
1) Eliminate some of the mystique and fear often associated
with contracts,
2) Enable a more functional understanding of contracts,
3) Enable a better communication and agreement between the contracting
parties,
4) Enable better communication between laymen and lawyers,
5) Reduce stress, broken friendships, and lawsuits,
6) Enable the businessperson to feel confident and protected in
his business activities, and the bottom line,
7) Make a business more cost effective.
A contract is an agreement between two or more entities to do or not to do a certain thing. An entity is a person or corporation. Contracts may exist between two or more people, corporations, or combinations of the two. Technically, the agreement (promise or set of promises) must create…
THE RECORDING CONTRACT
...How to Negotiate a Recording Contract
Entertainment
Law and Media Law Services
A Recording Contract is a written document
that outlines, identifies, describes, defines, and governs the business relationship between a recording artist (also called
a royalty artist) or group, and a record company. The contract
is called an executory agreement, i.e., it is an agreement that
is yet to be executed or
To better understand this business relationship, it is important to understand what it is that a record company (also called a "label") does. A record company is an enterprise whose business activities may include:
1) Acquiring the rights to material (e.g.,
songs, master records, videos, etc.),
2) Locating and signing talent,
3) Securing mechanical licenses,
4) Producing master recordings,
5) Manufacturing end-user commercial recordings,
6) Releasing end-user commercial recordings,
7) Promotion,
8) Distribution,
9) Sub-publishing,
10) Publicity,
11) Public relations,
12) Accounting for royalties collected,
13) Reporting to the IRS on Form 1099--MISC
certain royalties, independent contractor fees, salaries, commissions,
interests, rents, pensions, medical assistance programs or health,
accident, and sickness insurance programs, certain direct sales
of consumer products for resale, and other compensations paid
out. Each recipient is reported separately and the report must
include the recipient's name, address, taxpayer identification
number (social security number for sole proprietorships), and
the total paid,
14) Paying the required employment and other taxes to the proper
agencies, and
15) Distributing the proper royalty payments, accompanied by a
royalty statement.
Record companies may be large (majors or minors) or small.
Small record companies have limited release objectives and capabilities.
It is the business of the record company to exploit the rights
they acquire with the intention of making a profit. As the proprietor
of these rights they administer the related business and financial
aspects concerned. The label will not usually sign an artist unless
they are fairly certain the artist will engender wide and strong
acceptance. This is because of the high cost (from $300,000 up)
of breaking a new artist.
The type of rights appropriated by the record company from
the artist are defined by the recording contract. The contract
contains many clauses because it covers a wide range of agreement.
At the start, all terms of a contract are negotiable. Although it is possible for a novice artist to acquire a "fair" recording contract from an "honest" record company with his first signing-it does not always happen. Even honest record companies are going to first look out for themselves and try to negotiate a deal that is not detrimental, or potentially detrimental, to themselves. The dishonest ones, however, look out only for themselves. So, the depth of the contractee's music business experience is important. Past experience helps in negotiating fair contracts. Further, it is predominately a contractee's past track record that will establish his bargaining power. For these reasons the operation of contract bargaining between an artist and a label
varies greatly.Here then, are two points of major concern:
1) Bargaining power, and
2) The contents of the final considerations of the agreement.
Attempts at exercising bargaining power and maximizing the
label's self-interests may become apparent at the outset. The
artist may be asked to sign an industry form contract that is
said to be "standard for everyone." He may be led to
believe it is only a formality, and told in so many words that
this is his "chance of a lifetime" and not to sweat
the small stuff.
If the artist asks any questions or proposes changes the record
company spokesperson might accuse the artist of insinuating that
he (the record company representative) is dishonest. This is a
ploy by the record company representative to put the artist on
the defensive. This enhances the record company representative's
position of strength and authority. The artist is made to feel
that any objections will jeopardize the whole "deal."
Record company representatives will also exert authority by
having the signing at their office. This further enhances negotiating
strength via the psychological edge of being on their own turf.
Many experienced artists will ask for time to read, study,
and go over the contract with their family, others who are directly
or indirectly involved, and with their legal representative. This
would enable a thorough understanding of the contract's content
and consequences.
Other artists will hire a competent music attorney to study
the contract for them and to do all the negotiations. For example,
the experienced music attorney brings with him, not only experience,
but clout. This would enable the negotiation of the largest advance
and highest royalty rates possible. He would seek over scale wages
for recording sessions. He would try to secure generous record
promotion budget provisions and guarantees for concert touring,
etc..
Also, having an attorney handle the negotiations would completely
remove the artist from any confrontations with the record company.
In this way, they are able to remain "friends" with
the management of the record company while their representative
hammers out the final agreement.
Legitimate record companies will respect sound business procedures
implemented by an artist.
Experienced artists never …
THE SONGWRITER/PUBLISHER CONTRACT
Entertainment
Law and Media Law Services
A Songwriter/Publisher Contract
defines the agreement between a songwriter and his music publisher. We are all
familiar with what a songwriter is, but a music publisher may not be so
thoroughly understood. A music publisher is a business that secures the
legal rights to musical compositions and exploits such rights with the intention
of making a profit. Or, a person, called a "self-publisher," who
engages in the same activity. As copyright proprietor, they administer the
business and financial aspects of publishing that may include:
1) Registering (and renewing pre 1978) copyrights,
2) Securing licensing agents with regard to print
licenses, mechanical licenses, compulsory licenses, purchase licenses,
transcription licenses, synchronization licenses, and performance licenses,
e.g., coming into contractual alliance with mechanical rights agents,
performance rights societies, and with foreign publishers,
3) Coming up with the appropriate contracts to
assign rights in copyright via licenses to music users, e.g., mechanical
licenses, synchronization licenses and print licenses…and keeping records of
any right transfers, assignments, or mortgages,
4) Obtaining record releases,
5) Collecting song incomes and royalties from
licensed agents, e.g., royalties from publishing, performance, mechanical,
print, synchronization, merchandising, etc.,
6) Auditing licensed agent representatives to insure
they are paying proper royalties and deducting correct amounts for
administrative service charges,
7) Accounting for royalties collected, e.g., to
songwriters and co-publishers,
8) Reporting to the IRS on Form 1099-MISC certain
royalties, independent contractor fees, salaries, commissions, interests, rents,
pensions, medical assistance programs or health, accident, and sickness
insurance programs, certain direct sales of consumer products for resale, and
other compensations paid out. Each recipient is reported separately and the
report must include the recipient's name, address, taxpayer identification
number (social security number for sole proprietorships), and the total paid,
9) Paying the required employment and other taxes to
the proper tax agencies, and
10) Distributing the proper royalty payments,
accompanied by a royalty statement, to affiliated songwriters and co-publishers.
Some publishing deals only involve a music publisher
handling a specified portion of the above listed overall responsibilities. For
example, one limited deal is called an "administration deal." Here,
only a limited supervision of the song catalog would be handled, e.g., copyright
registration and financial accounting. While obtaining record releases would be
handled by the songwriter/artist or label/production company. This often happens
where the songwriter/artist owns his own production company and label.
A full-time top rated music publisher will receive
up to 200 unsolicited songs each week. The publisher will also receive many
other new songs from songwriters they deal with on a regular basis.
When a publisher accepts a song and a contract is
signed, the song becomes a part of the publisher's catalog.
Further, a publisher is the one who effectuates the
publication of a musical composition. Publication, according to copyright law
is:
1) The distribution of copies or phonorecords (e.g.,
CDs and music video DVDs) of a work to the public. The distribution may be by
sale or other transfer of ownership, or by rental, lease, or lending, or
2) The offering to distribute copies or phonorecords
to a group of persons for the purpose of further distribution, public
performance, or public display (however, a public performance or display of a
work does not of itself constitute publication.)
Now that we understand who the parties are in a
Songwriter/Publisher Contract, let us look at what is involved from the
beginning.
...How to Negotiate a Songwriter/Publisher Contract
At the start, all terms of a contract are negotiable. Although it is possible for a novice songwriter to acquire a "fair" contract from an "honest" publisher with his first signing--it does not always happen. Even honest publishers are going to first look out for themselves and negotiate a deal that is not detrimental, or potentially detrimental, to themselves. The dishonest ones, however, look out only for themselves.
So, the depth of the contractee's music business experience is important. Past experience helps in negotiating fair contracts. Further, it is predominately a contractee's past track record that will establish his bargaining power. For these reasons the operation of contract bargaining between songwriters and publishers varies greatly.
Here then, are two points of major concern:
1) Bargaining power, and
2) The contents of the final considerations of the agreement.
Attempts at exercising bargaining power may become apparent at the outset. The songwriter may be asked to sign an industry form contract that is said to be "standard for everyone." He may be led to believe it is only a formality, and told in so many words that this is his "chance of a lifetime" and not to sweat the small stuff.
If the songwriter asks any questions or proposes changes the publisher might accuse the songwriter of insinuating that he (the publisher) is dishonest. This is a ploy by the publisher to put the songwriter on the defensive. This enhances the publisher's position of strength and authority. The songwriter is made to feel that any objections will jeopardize the whole "deal."
Publishers will also exert authority by having the signing at their office. This further enhances negotiating strength via the psychological edge of being on their own turf.
Many experienced songwriters will ask for time to read, study, and go over the contract with their family, others who are directly or indirectly involved, and with their legal representative. This would enable a thorough understanding of the contract's content and consequences.
Other songwriters will hire a competent music attorney to study the contract for them and to do all the negotiations. This completely removes them from any confrontations. They can remain "friends" with the management of the publishing company while their representative hammers out the final agreement.
Legitimate publishers will respect sound business procedures implemented by a songwriter.
Experienced songwriters never rush into any contract
without completely understanding its ramifications both short and long run.
Total evaluation and understanding may take several days. After reading,
studying, and discussing the contract with a competent music attorney they often
put the contract aside for a few days, clear their minds, and then look at it
again. They would talk to others who are currently under contract with the
publisher. They would try to look at all…
TMBIO Full Version has Over 1500 Music Business Topics
TMBIO and SMP Members
|
Join
TMBIO!!
|
Join
SMP!!
|
| A
| B-C | D-E
| F-I | J-L
| M | N-Q
| R-S | T-Z
|
© Copyright 
La Costa Music All Rights Reserved