Business development salary

Avoid the Burn of a Bad Music Contract

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If you are involved with any aspect of the music industry, then you will run across a time where music contracts will be involved. But you have to be very careful in the music industry.

Content:

If you are involved with any aspect of the music industry, then you will run across a time where music contracts will be involved. But you have to be very careful in the music industry. If you are one of the lucky ones that have made it so far to be offered a contract then you are definitely on the right track. Unfortunately, recording contracts can be tricky and you need to make sure you have someone watching your back before you sign.

Some top dogs in the music industry have notoriously taken advantage of the young, naive or just plain desperate. Don't fall victim to bad music business contracts! That is the best advice you can be given. The excitement of being offered a contract should never alter your judgment of the terms in music contracts or recording contracts.

You have to be on the defense at all times in the music industry. I mean, we are talking about your career and your money, after all. People who only have your best interest in mind are the only people you should be involved with. That is the bottom line. Recording contracts, for example, should allot you the biggest share of any profits just to start.

Always keep in mind that when you sign music business contracts that you are signing a real, no holds barred legal document. This document can make you or absolutely break you so you have to be on guard. Also, you need to make sure that everything promised to you is written down and included in the music contracts. Unfortunately, a man's word is just not as good as it used to be. You can't argue a handshake in court.

You may be wondering if you need legal help at this point. Well, you do not technically need a lawyer to read a document for you. If you don't feel confident that you understand absolutely every word contained within, then you should question it. If you feel like your question about the recording contracts is being avoided, then consult legal assistance.

The music industry is a tough business. Fully understanding music contracts is an even harder business. Not every company, manager or label is devious and out to get you. But you do need to be aware of those that are. Don't become overzealous and sign anything placed before you. Take the music business contracts home, review them with your band members. Then make notes on questions you may have or areas that you feel are up for revision.

Author: Ty Cohen

About Author:

Former owner of an independent label, owner of Platinum Millennium Pub. & music industry seminar speaker/panelist. Also the author & creator of 40 + best-selling "How to" resources, that have helped 1000s find their way in the music biz. Visit http://www.order-yours-now.com for more info on Music Contracts, Recording Contracts & Music Business Contracts.

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