Class 1 Quiz Flashcards
Litigation Principles (5)
- anybody can sue anybody for anything
- sue everybody in sight. go after “deep pockets”
- do not expect justice from our legal system
- the more money you make, the more likely you will be sued
- the jury system is unpredictable
fact: you will be faced with contracts __________
for your entire career.
some examples of where you can find contracts
playing gigs, your studios employment contract, Freelance engineering
Songwriting deals
Record label deals
Partnership agreements
Apartment rental, car purchases, cell phones, etc.
caution: if you sign a contract or click “I Agree”…
you will HAVE to do what it says
how to get out of a contract
fulfill it, or buy your way out
who are the major labels? (4)
- Universal (owned by Vivendi)
- Sony Music Entertainment
- Warner (now owned by access industries)
- EMI (RIP)
how have Major Labels dominated the recording industry? (5 methods)
- tricking artists into signing horrible contracts
- paying a radio giant to play their music and nothing else
- suing competitors out of business
- buying self-serving laws from congress
- building a distribution monopoly (which was immensely successful during the CD era)
PAYOLA =
major record labels pay a radio giant to play their songs and nothing else
since the year 2000, CD sales have declined every year. major labels have responded by… (3)
- suing companies who dared to compete with them on the new internet
- suing companies that allowed illegal downloading of songs and CDs
- suing 35,000 individual consumers for downloading songs
major labels CLAIM that the sole reason CD sales have declined is:
ILLEGAL DOWNLOADS
the actual reasons CD sales have declined (since 2000) is because
price, only wanting one song, sonic quality, convenience, CD players are physically less common
ways the major labels continue to take money from others (2)
- negotiating for an even larger portion of income from their own artists
- the Webcasters Settlement “negotiation” of 2009. (requires large webcasters to pay around 47-60% of their income to major labels)
another word for 360 Deals
Multiple Rights Deals
define 360 Deals
Major Labels now “handle” (and steal from) ALL of the artist’s career (as much as 70%) - Sales, Touring, Shows, and Merch… and Movies, TV, Endorsements, etc.
The law does not clarify who is required to obtain sample clearances. To protect ourselves, we need an…
Indemnification