Artist Development Deal
An artist development deal (also known as a demo deal) is a recording artist contract with a record label or music publisher that promises to develop the skills and public profile of the artist. In exchange for development support, the recording label or publisher receives a right to future high royalties A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or ... or other desirable rights. These types of deals are sometimes most helpful to the artist, but the label often takes control of the artist's management and publishing rights. Historically, such deals have been abused by both labels and managers. References {{Music-stub Music industry ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Recording Artist
A musician is someone who composes, conducts, or performs music. According to the United States Employment Service, "musician" is a general term used to designate a person who follows music as a profession. Musicians include songwriters, who write both music and lyrics for songs; conductors, who direct a musical performance; and performers, who perform for an audience. A music performer is generally either a singer (also known as a vocalist), who provides vocals, or an instrumentalist, who plays a musical instrument. Musicians may perform on their own or as part of a group, band or orchestra. Musicians can specialize in a musical genre, though many play a variety of different styles and blend or cross said genres, a musician's musical output depending on a variety of technical and other background influences including their culture, skillset, life experience, education, and creative preferences. A musician who records and releases music is often referred to as a recor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Record Label
"Big Three" music labels A record label or record company is a brand or trademark of Sound recording and reproduction, music recordings and music videos, or the company that owns it. Sometimes, a record label is also a Music publisher, publishing company that manages such brands and trademarks, coordinates the production, manufacturing, manufacture, distribution (marketing), distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting Artists and repertoire, talent scouting and development of new artists, artist financing and maintaining Recording contract, contracts with recording artists and their managers. The term "record label" derives from the circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry, recording artists have traditionally been reliant upon record labels to broaden their consumer ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Royalties
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.Guidelines for Evaluation of Transfer of Technology Agreements, United Nations, New York, 1979 A royalty interest is the right to collect a stream of future royalty payments. A license agreement defines the terms under which a resource or property are licensed by one party ( party means the periphery behind it) to another, either without restriction or subject to a limitation on term, business or geographic territory, type of product, etc. License agreements can be regulated, particularly where a government is the resource owner, or they can be private contracts that follow a general structure. However, certain types of franchise ag ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |