A contract is an agreement between two or more parties that is legally enforceable. A recording contract is just a type of contract regarding music. Rather than seek out specific recording contract lawyers, you may be better served seeking an entertainment lawyer that will help you to interpret a recording contract and get the best deal for you.
What's in a Recording Contract?
- Exclusive Agreement - In all record contracts, you will be signing an exclusive agreement. This means that you will not be able to record for anybody else for however long your contract lasts.
- Worldwide Rights - The record company will have rights to your services throughout the world, not just the country you signed in.
- Royalties - Music royalties are a percentage of gross or net profit or a fixed amount per sale or use to which a creator of a work is entitled.