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Entries in music business contract (3)

Tuesday
Jan242012

Music Performance Contracts

Do I need a performance contract?

If you are planning a live music event you will need to make sure you have a contract in place with the performers. This is especially important if you have a financial stake in the event and are inviting paying customers. You need to make sure you have a written guarantee that the cover band will attend the engagement and what is expected from both parties. There may be occasions with local function bands and wedding bands where a contract is not needed. Sometimes an email confirmation may be enough if you know of the act.

If you do go down the contract route the live band may issue you a standard contract with their terms. These are available from the Musicians Union and are very simple straightforward contracts. It will usually include as a minimum the date and time of the engagement, the location, fee and duration of the performance. More in depth contracts may include who is responsible to providing equipment such as staging and PA systems. Some cover bands will be paid a set fee for the gig and other larger acts may ask for a percentage of ticket sales as well. This is something that should be negotiated early on.

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Tuesday
Nov092010

Don't Get Screwed!!! Music Contract Terms Every Artist Should Know, In Plain English-Part 2

In Part 1 of this list, I began listing common terminology you will see over and over again in the contracts you receive. And although an entertainment attorney and other experienced professionals should be reviewing and explaining them to you, it is always good to have at least a basic understanding of some of the jargon. So here is Part 2 of Music Contract Terms Every Artist Should Know, In Plain English…

Common Contract Terms Every Artist Should Know

License - This has nothing to do with your driving…A license in the entertainment business is permission a company or any other 3rd party gets when they want to use your music. If you write a song, and Lady Gaga wants to sing it, she has to get a license from you to use it. If “Ride Or Die San Andreas-The Movie” wants to then use her version of that song in their new game, they need a license from you AND her…Radio gets a license for every song they play. So does every bar, club, and restaurant! (Well, they’re suppose to anyway…) This license is needed because under copyright law, you own the song, and therefore have a right to decide who gets to use it (for an exception, see compulsory license below).

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Tuesday
Jul132010

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

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