In this video, we break down the three most common types of record contracts that every musician, artist, and band should understand. If you're navigating the music industry, it's crucial to know the difference between a Standard Recording Contract, a Distribution Contract, and a 360 Contract. Learn how each contract works, what they offer, and the pros and cons of each deal.
Key Takeaways:
A Standard Recording Contract offers artists an upfront deal for album production, royalties, and distribution.
Distribution Contracts focus on getting your music to platforms without an upfront fee but with commission-based royalties.
360 Contracts allow record labels to take a percentage of ALL your revenue streams, including touring, merchandise, and more.
Why This Matters: Understanding the differences between these contracts is crucial for every artist and musician looking to sign with a label or distribution company. Whether you're a new artist or an established musician, knowing your options can help you make informed decisions about your career.
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