A well-negotiated deal will ensure that the artist is entitled to a 50:50 share of any secondary income earned by the label. Other rights the label will wish to acquire include rights in the album artwork and the right to use the artist's name and likeness in connection with the sale and promotion of the records. * Purpose. Occasionally the artist gets one over on the label. Basic parts of an artist management contract. This type of contract contains the scope of description, the authoritarian terms & conditions, rights for compensation and benefits, and this also includes other necessary provisions. This Featured Artist Agreement or Side Artist Agreement is a contract used when a record label, artist or producer hires a musician, singer or rapper who is not part of the artist's group or band to perform on an artist's recording. The percentage of commission is negotiated before the signing of the management contract. When creating an artist management contract, there are certain clauses you must include to ensure its effectiveness. Mastering Essentials Part 3 - How loud should I master? SINGLE MASTER AND SONG COLLABORATION AGREEMENT. “I alone”, a song many of us might not have heard of but has a title name that best describes an exclusivity clause. Instead of focusing on getting signed in a record label, worrying about their schedules, advertising their artworks, and all other administrative problems, an artist can just solely focus on creating their art and leave the business management to the managers. In order to raise the profile of a release, the artist will have to undertake some domestic and international promotional work. It's quite hard to imagine Radiohead being coerced into a heavily choreographed dance routine, clad in trademark combat trousers! The considerable cost this may incur should not be recoupable from artist royalties. Whatever the collaboration is, the basic elements of a music agreement contract are the same with any artist collaboration that involves talent, its commercial benefits, and the percentage for everyone involved that need to cash in on the proceeds. Notwithstanding the foregoing, the Manager may assign this agreement to a corporation to be incorporated by the Manager for the purpose of carrying out the services contemplated by this agreement, provided the assigned agrees in writing to assume all of the Manager's obligations under this Agreement and manager shall not be relieved of its obligations hereunder. The artist should aim to secure a positive release commitment from the label (at least in the UK), coupled with a minimum marketing spend to support the release. Mechanical royalty reductions are fairly 'standard practice' over the pond, although to the uninitiated artist it looks remarkably like daylight robbery. A similar provision, but much harder to obtain, is to allow the artist the right of termination where the label is sold, merged, or taken over. It is worth noting that there are two kinds of Power of Attorney; general and limited. (877) 881-0947
An audit can be time-consuming and costly — think what it's like just getting your bank to send you a duplicate statement — so try to secure a provision that the label will pay the cost of the audit, in the event that it reveals an under-payment of at least 10 percent of the sum owed. They certainly require closer inspection in an article of this scope. It is commonly used in the entertainment industry. There is also a limit on the number of tracks the US labels will actually pay mechanical royalties on when the artist is also the songwriter. The recording contract will usually require the artist to sign to the label exclusively. Major labels will normally sign the artist to a worldwide deal.