Contracts

Question 1

Name the 7 type of music industry contracts.

Answer 1

• Project/band contract
• Publishing agreements and collection societies
• Record deal
• Distribution contracts
• Producer and remix contract
• Artist management and agency contracts
• Music licensing contracts

Question 2

Who does a project/band contract involve?

Answer 2

Individual members of a band.

Question 3

Duration of project/band contract.

Answer 3

Based on mutual agreement

Question 4

Who does Publishing agreements and collection societies involve?

Answer 4

A musician and a publisher or collection society. (SAMRO, SAMPRA)

Question 5

Duration of publishing agreements and collection societies?

Answer 5

Minimum one year followed by various option periods.

Question 6

Explain a Record Deal.

Answer 6

Between an artist and a record label.

Initial length is minimum one year. Labels can offer 5 or 10 year contracts.

By signing a record label contract, you transfer the “rights in the recording”
to the label.

Question 7

Explain Distribution contracts.

Answer 7

Between a label/ independent artist and a distibutor.

Between 1 and 5 years.

Distribution contracts are usually signed between record labels and
distributors. If you decide to
make an independent release without the participation of a label, then you
can make a direct distribution contract with aggregators yourself.

Question 8

Explain producer and remix contracts.

Answer 8

Between artist/ record label and producers/ producing companies/ music engineers.

Question 9

Explain artist management and agency contracts.

Answer 9

Between an artist and a manager/ booking agency.

Initial period is 1 year and then it can be extended.

Question 10

Explain Music Licensing contracts. (Sync Licensing)

Answer 10

Between a song owner and a second party who seeks to use the song.

Duration differs but artist should request a short term.

Question 11

True or False.

Verbal agreement is usually fine and safe.

Answer 11

False. Don’t accept verbal agreement.