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For a record deal
1.
Never record a song unless wholly written by
you unless (a) you are sure you will be able
to get a mechanical license in respect of it
and (b) you're satisfied the song is original
and is not obscene or defamatory.
2.
Once recordings are completed in the studio
ensure that they are delivered to the record
company. Don't leave it up to the record
company to collect.
3.
Ensure that any artists who are not a
contractual member of your group who perform
on recordings sign the necessary consent
forms. Normally this is the record company's
responsibility but it has become common
practice to put the responsibility on the
artist. Never use a musician who is not a
member of the musician's union (exceptions do
occur) and if you know a musician has a record
agreement make sure your record company gets
clearance from his.
4.
Make sure there's nothing in the artwork for
your records that:
a) is obscene
b) is in breach of someone's rights
5.
Make sure there is no part of the recording
which is not original material.
6.
If anyone leaves the group you have to advise
the record company, it may give them a right
to terminate.
7.
Ensure any album does not have more then ten
tracks especially if some of them are not
written by you. If you have written all of
them better to have ten rather then less.
8.
Wherever possible any B-side is:
a) one of your own songs (for publishing
income)
b) produced by the same person who produced
the A-side or produced by someone who is not
going to receive a producer's royalty. Lots of
producers get paid on the B-side even if they
did not produce it and so you could end up
paying two producers for the B-side.
9.
Whenever someone is going to record your
performance there should be a written
agreement confirming that they will not use
the recording in breach of the rights of the
record company.
10.
Do not re-record any song recorded by you for
another record company.
11.
You probably need the record company's consent
to do any instrumentals.
12.
If you believe that a record company to
reimburse any expenses check in advance
unambiguously that they will and that the
amount of the expense is acceptable to them.
13.
Remember before recording that every song, the
producer of the recordings and the studio will
need to be approved by the record company.
14.
Do not incur any recording costs in excess of
a recording budget without making sure that
the record company will not (a) require you to
repay the advance rather than recoup it or (b)
want to deduct it from advances as opposed to
royalties.
15.
Do not appear on a recording for any other
artist or record company without your record
company's approval.
16.
Remember that any new member of the group will
probably be obliged to join in the recording
agreement.
17.
a. Make sure that any agreements in respect
your live appearances include a clause stating
that no one can record your performance.
17. b. Remember that every recording and video
made during the term of your record agreement
will probably belong to your record company
and so if you film or record ten concerts then
that will be 10 free videos and ten live
albums that the record company would own.
18.
Deals where the advances are inclusive of
recording costs are very dangerous. Over the
years recording costs become more expensive
and those deals mean that you almost always do
not have enough to live on or record.
19.
Cover recordings can be very bad news:
a) they obviously reduce your publishing
income
b) because of the operation of the "75%
mechanical clause" they can also reduce
your record royalties and advances. If you're
likely to include more than one cover on an
album then an approach should be made long
before recording to the publisher of the cover
to ask them to accept a 75% mechanical rate
for the USA and Canada and generally to sign a
letter indicating they accept the publishing
provisions of your recording agreement
including those relating to synchronization
licenses and videos generally.
c) cover recordings will effect your minimum
commitment under your publishing agreement
d) if you co-write with someone and unless
he/she has signed the same recording and
publishing agreement as you then his part of
the song is like a "cover". Before
writing with him/her you should get him/her to
sign a letter accepting the publishing
provisions of your recording agreement.
20.
You must check with your accountant
immediately whether you should be registering
for VAT or US Sales Tax.
21.
Remember an agreement is not concluded until
both parties have signed. Do not give up any
job until then.
22.
Avoid putting more than ten tracks on an
album. If there are any cover recordings make
it not less than ten tracks.
23.
It is increasingly the case that you need your
record company's permission for TV broadcasts
of more than two songs.
24.
Keep video costs down.
25.
Put all the above tips to good use!
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