At 12/25/12 03:05 PM, DJDela wrote:
So basically I don't have much to worry about?
Hey thanks for the answer, you've also helped me the last time I asked a similar question.
No problem dela. Yeah it should be okay as long as the label is reputable and trust worthy. Most of them are. Send me a copy of your contract if you want and i'll give it a look over if your still unsure about something in it.
Most small labels dont have the financial resources to back up any legal issues, thats not too say they wont play fair with you in the first place. But they way contracts work is basically a license to sell your track in behalf of you for a certain period of time, a year or so. When the contract runs out you can renew it or sign the track to another label. You should still keep your copyright of the track. This where a contract might have a nasty surprise make sure there is not a hidden part where you sign the copyright of the track to the label. But for it to be legal or the label to do this it needs to be pretty blatant in the contract and to be honest i've never seen or heard of this happening as bad word would spread about the label if they tried a move like that and no one would sign with them and as i said before they probably wont be able to afford a legal team to back up their contract.
If a label offer you a exclusive contract make sure they are big, it will come with benefits such as being a "artist" on the label, gigs, music videos and physical copy's of tracks. In return the label get to keep you as a exclusive artist and all your tracks will be released with them for a period of time. I have heard of people getting stuck with a mediocre label via exclusive contracts with very little benefits so watch when signing them.
But yeah a non exclusive contract is pretty much the bread and butter of contracts.