Kurt My partner and I are sound engineers, and we create a production company. When artists come to discuss paperwork, should we get them to sign a licensing agreement and a production agreement? Or will the production agreement take care of all our needs? The Recording Studio Rental Agreement is used when an artist or record label contracts with a recording studio for the use of studio facilities and other services that the studio (i.e. the recording engineer) could provide for the recording of an artists` album. First, you should have the master`s records as soon as the manufacturing costs are paid. In rare cases, the producer may own the masters or have some co-ownership, but that is certainly not the norm. You almost always have to own the masters. Kurt where can I find a sample of a well-developed agreement between an independent producer and a production company? What interests me most is how royalties are formulated. In this regard, it is essential to set up an out-of-use royalty regime in favour of the original producer. A cancellation provision allows for current royalties for future albums, sometimes even for those that have not been produced by the original producer. This will ensure that our husband (or wife) receives at least something for his problems. The producer could be overriding somewhere between 0.5 and 2.5 percent royalties, and if the producer persists in his negotiations, the cancellation could contain some of the advances that the record label pays to the artist. Of course, the artist will try to limit these expiry payments, especially where they will probably pay 3 to 5% royalties to their new producer.
Well, I just launched a label, and I`m going to release a single next week… I rent a beat to a producer, and that means he will grant me 50% of the author`s share of the beat … So my question is whether the song should add up to 100%, how much the producer owns In this scenario, the best way for the producer to protect it – or himself, is to create a production company and require the development artist to enter into a production contract with the company. The production agreement provides the producer with a higher level of security than an informal oral agreement and can help protect the producer`s right to a future income from his work. Could you tell me about producer contracts?