Contracts Flashcards
What are the different types of contracts
- Project/band contract
- Publishing agreements and collection societies
- Record deal
- Distribution contracts
- Producer and remix contract
- Artist management and agency contracts
- Music licensing contracts
What is a band contract used for?
to regulate tax and legal matters within the band, such as distribution of income and jobs, insurance, possession of instruments/equipment, and voting rights within the group.
how long do Publishing agreements and collection societies last for?
Minimum 1 year followed by various option periods
What are some collecting societies?
SAMRO, SAMPRA, capasso, RISA
how long do record deals last for?
INITIAL LENGTH IS MINIMUM ONE YEAR.
LABELS CAN OFFER EVEN 5- OR 10-YEAR CONTRACTS
how long do distribution contracts last for?
BETWEEN 1 AND 5 YEARS
how long do Producer and remix contracts last for?
ADVISABLE TO AGREE ON AN INITIAL PERIOD OF 12-18 MONTHS
how long do Artist management and agency contracts last for?
INITIAL PERIOD IS 1 YEAR, THEN IT CAN BE
EXTENDED
how long do Music licensing contracts and agency contracts last for?
MAY DIFFER DEPENDING ON THE AGREEMENT BUT AN ARTIST SHOULD REQUEST A RATHER SHORT TERM