Weve all heard the stories criticizing major record label contracts. Anecdotally we understand that many of the deals signed by artists are bad, but what does bad mean and just how bad are these deals? More importantly, how exactly are they bad? ... Then we began preparing this document, which quotes ACTUAL contract language from ACTUAL record label contracts, with care taken to preserve the doublespeak that makes the documents so confusing. Finally, we translated these onerous and confusing contract clauses into PLAIN ENGLISH and paired them with easy-to-understand critiques in the hopes that even those who are completely unfamiliar with the music business can understand the implications that result from signing a standard major label deal. This is a first step and nowhere near the final word in criticizing traditional record contract language. |