Tuesday
Jul132010
July 13, 2010 A Common Music Business Contract Mistake – Not Thinking Long Term
2 Common Examples:
1. You’re offered 10% as an Artist
[Side Note: Make sure it says of the Retail Price! If it says “Wholesale”, make sure you get 20%!!!]
Why not ask for your rate to rise each album you release by 1/2%?
Why not ask that your rate goes up 1/2% for “Gold” and anothet 1/2% for “Platinum”?
Believe it or not, the Record Company will probably say “Yes” to both! Why? Because if you’re doing well, they won’t mind it, and if you’re Not selling, they can always rease you from the contract anytime they want!
2. Thinking you can stop paying a Manager [for example] when the contract is over
in Artist Development, Education, Information, Music Industry, Music Management, Music Services, The Business of Independent Music, collaboration, music business, record labels | tagged artist development, contract specialist, managers, music business, music business contract, professor pooch, record deal
Artist Development, Education, Information, Music Industry, Music Management, Music Services, The Business of Independent Music, collaboration, music business, record labels | tagged artist development, contract specialist, managers, music business, music business contract, professor pooch, record deal