record label legal documents

Create a structure that justly recognized the value of the cash investment, the labor and the assets that everyone was contributing. For paper files, identification and labeling allows an office to maintain physical control over current files as well as manage growth of new files. Learn More, A Rental Application is a form used by Landlords to find responsible renters or tenants. It’s always wise to work out a watertight budget before you start looking for investment.

Create a structure that could be easily passed on (sold) to another party.

Arts grants are a great option for creative professionals looking for a bulk cash sum to get their project off the ground, especially as you usually won’t have to pay anything back. Many indie labels skip this step, at least initially, but it is a good idea to have your record label set-up as a legal business entity from the start. Or am I just kidding myself like a monkey? Getting outside funding for your music isn't easy, so it's important to take time to research your options, decide what’s best for you, and don’t rush into any major decisions too quickly. Thank you! Bruce thank you for making these documents available. Recording Artist Contract (single deal - percentage of profits), Dance Remix Recording Contract (Flat Fee).

This may be unrealistic thinking, but I would like to be able to have minimum third party investment capital, all while growing at a healthy rate. We had to demonstrate to investors that all the revenue would not be taken out as salaries. Previously it is done manually but with passage of time, it is overtaken by electronic numbering.

Take your time, do your research and don't rush into any big decisions lightly. Records are organized by directories which act as the primary classification. Learn More, Corporate Bylaws are the rules established by the board of directors that govern how a newly formed corporation will operate. Maybe one of your artists want to produce a new album, but doesn’t have the funds required for studio time? This is wonderful. They also use the contract to detail the payment of a fixed percentage of royalties to singers and/or songwriters who wish to record music (i.e. So the concept of adding bates is developed which facilitates the easy identification and accessing of information. Each directory contains folders which act as record series.

These grants aren’t available to just anyone and they can be incredibly competitive, so you’ll need to prove you deserve the money and demonstrate how you’ll use it.

There are legal docs floating around everywhere that cover traditional record deals. Will and estate planning is the process of arranging the distribution of your assets before and after your death. All information, software and services provided on the site are for informational purposes and self-help only and are not intended to be a substitute for a lawyer or professional legal advice. Most importantly, a 360 deal creates what is called ‘mutual alignment of interests’ between all participants.What is ‘mutual alignment of interests’?When interests are aligned, everyone involved is pulling for the good of the entire organization. Learn More, Thinking of leasing your property to holiday-makers or short term visitors? Items will be automatically deleted forever after they’ve been in your trash for 30 days. Follow any application guidelines to the letter, check for spelling and grammar and get someone else to proofread it. In addition, the comments that people leave on this post will help me (and you) to improve / upgrade these documents. First and foremost, you’ll need to find where your funding will come from. There are plenty of funding opportunities out there for musicians and record labels, but getting hold of the investment you need requires careful planning. Download our General Partnership Agreement and establish ownership percentages before things get out of hand.
USEFUL LINKS FOR ARTS GRANTSUnited KingdomHelp Musicians UKPRS FoundationArts Council EnglandMusicians Union, North AmericaNew Music USANational Endowment for the ArtsGrant Space. You can either use the [. Its not hard to imagine the value and importance of all this for music and business in general. I am not an attorney. If you are setting up a legal entity (a corporation for your band / music-related business) with the objective of providing economic and upside incentives to everyone that is or will be involved in your business (your bandmates, your management team, your potential investors, and possibly even your sponsors/promoters), here’s a free set of legal documents that you can use as a basis for creating what the music industry calls a 360 deal (as in 360 degrees). Gaining Support, Sponsorships & Endorsements, How to Put On an Unforgettable Performance, Internet Strategies, Resources, & Websites, How To Add China To Your Global Distribution, 5 Tech Essentials For Starting An Audio Streaming Channel, How Event Planners Make Music Concerts Possible, Top 10 Music Blogs You Should Follow In Lockdown, 2009 - The Pull Music Paradigm Shift Emerges, SoundOut, TuneCore Track Smarts, ReverbNation Crowd Review, AudioKite, and Music Xray Compared, Increase The Probability Of Getting Featured, MusicThinkTank Weekly Recap: How To Be A Musician During A Pandemic & More, MusicThinkTank Weekly Recap: Building An Empathetic Music Website & More, Looking To Build A More Empathetic Music Website? If you want to create a high-functioning, successful organization where everyone has mutual incentive, create something that resembles a 360 deal.The history behind the attached documents…I worked with an entertainment attorney to create these documents three years ago when a few friends and myself backed a band from Massachusetts called Jediah.

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