The music industry does not run on handshakes alone. Because of the nature of quarterly payments and prospective success, the music industry works on a series of agreements between parties in order to ensure that everyone gets paid what they deem is fair for the situation. What we will look at in this section are basic agreements between producer, artist, and record label.
In this course we’ll get into various agreements including work for hire, side artist agreements, producer’s deals and agreements, producer’s fee/advance, and more!
Be able to define common agreements between artist, producer, and record label as a result of a basic understanding of music business.
Be able to distinguish the differences between each agreement and their purpose as a result of a basic understanding of music business.