Music Business Contract

A music business contract may refer to any contract related to the music business in general. Examples include recording contracts, music producing contracts, artist management contracts, and artist development contracts. Attorneys who specialize in matters relating to entertainment law are regularly employed to review and negotiate contracts related to the music business. Contract lawyers may negotiate on behalf of artists, securing contracts with more creative control and more monetary compensation. It is recommended that anyone signing a music business contract have it reviewed by an attorney or other expert before signing the contract to make sure that the terms are fair. Contracts in the music business are often skewed to favor the record labels and other corporations which control the music business, which leaves artists in often risky situations, especially when they have signed a bad contract with a record label. Even the most famous and successful musicians have found themselves the victims of bad contracts, and have lost great deals of money because of them.

Fast Facts

  • Virgin records canceled Mariah Carey's $80 million deal and dropped her from the label after poor album sales.
  • Florence Ballard of The Supremes was official dropped from Motown records in 1968, receiving a one-time payment of $139,804.94 in royalties and earnings.

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