Wednesday, 29 April 2015

Contracts

DJ and Electronic Music Production
Project management
Simon Adair


Contracts

As an eventuality of any mutual project between a partnership to create a music product/event, a contract has to be written up as a recorded agreement between the partners.

But why is a contract necessary even for a small business venture, especially in the music industry?
The answer is that no matter how well you know somebody, debates and arguments will always arise in the future as to the planning and execution of the collective project. A contract puts some constraint on individuals within the project to enable fairness and prevent one-upmanship.
The contract is also a guideline to prevent deviation from the original project by the distributor or label and can be used as a guideline for the misuse of a musical product i.e.- preventing your distributor from putting subliminal ads for Cilit-Bang in your IDM music video.
Last but far from least a contract between artist(s) and label also stipulates how much ownership of the product an artist has and how much in royalties the artist is entitled to.
Product ownership is an interesting one because “100% of nothing is a lot less than 17% of a big company”- FundersandFounders.com- how to fund a start-up.
This statement basically justifies the artist ''selling out' to the ''big label'' out of a desperate need to be famous very quickly.
However in music there is no such thing as short cuts.

So broken down all these uses of a contract between artist and label are as follows;

  • Terms of use for materials produced by the artist to prevent 'Product Placement'.
  • Royalties based on the legal ownership of the product by the artist, if something is played it must be paid.
  • Ownership. Basically how much power does the artist have over they're own product whilst having it distributed by a label.

In my own case I must have a gentleman's agreement with my business partner and draw up a contract that will benefit us both equally and allow for as much creative and independent autonomy as possible. This would then be the contract given over to a distributor for consideration.
If however We go completely 'indie' we will have more creative freedom but possibly less funding and resources and make a written contract redundant.

The negative side of contracts.
Contracts used in the music industry more than any other industry are prone to being unfair, unbalanced and creatively stifling. The worst cases and the worst offenders are the big labels. The more powerful the label and the newer the artist, the more unbalanced the power between the two can become.
In short a contract with a big label is not to mutual benefit and sees to much balanced in the favour of the label. This can happen when the artist is new to the game and wants as much publicity as possible with they're music. So they will jump at a chance at being signed with a big label without reading the small print.
This is where having a lawyer to check over the contract is a necessity as being contracted to a label that 'owns' you is a form of indenture.
Eventually the artist will begin showing signs of resentment and rebellion. Some even go to court with they're own label. A classic example is the conflict between Prince and his label. This lead to his publicity campaign with changing his name to a symbol out of frustration with his label.
In my personal opinion artists getting into conflicts with they're representative labels should have; A. had a better lawyer and B. read the contract properly and demand more autonomy.


Referencing/reading material:








No comments:

Post a Comment