| If music is your passion and you intend to pursue a | | | | today. This usually stipulates that the recording |
| career in music, than it is very important for you to sign | | | | company will cover the cost of CD's, Audio cassettes |
| a record deal with a major recording label company. | | | | etc, however they also state that these expenses will |
| With increased competition in the music world, it is | | | | be deducted from the royalty paid to the artist. These |
| becoming difficult for young budding musical artists to | | | | costs are usually overprized and may not be the |
| seek a secure career in the music world. In this article I | | | | actual expenditure of the company itself. There are |
| would like to guide you all through the basic steps of | | | | many such clauses in a recording contract and along |
| signing a recording contract. | | | | with the clauses the recording company still holds the |
| First of all a record contract is a deal which legally | | | | copyright of the song. The worst part of a record |
| binds a record label and an artist. There are many | | | | contract is that if the sales of a song are low, then the |
| aspects covered in such a legal deal, but as a young | | | | future royalty of the artist will be used to compensate |
| music artist you should realize that such a contract will | | | | the losses which the company has incurred. |
| always be biased in the favor of the company. The | | | | As a young artist it's important for you not to yield to |
| deal consists of rights of the record company to | | | | such false contracts in order to achieve fame, but to |
| publish or sell the song of an artist. It also deals with | | | | stick to your own terms and conditions. Remember if |
| royalty paid to the song of the artist. There are many | | | | your music is of top notch quality, then recording |
| clauses which decide key critical factors. To give one | | | | companies will be forced to accept your terms and |
| such example is - packaging deduction. This is a clever | | | | conditions. |
| clause which is used in most of recording contracts | | | | |