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Labels typically own the copyright in the records their artists make, and also the master copies of those records. An exception is when a label makes a distribution deal with an artist; in this case, the artist, their manager, or another party may own the copyright (and masters), while the record is licensed exclusively to the label for a set period of time.
At the turn of the century, revenues from recorded music fell dramatically, and the profit margins traditionally associated with the record industry disappeared. The 360 deal, which began to show up in the early 2000s, reflects an attempt by the industry to tap into what traditionally had been the artists' exclusive domain of moneymaking ...
Clockwise from top left: Janet Jackson, Michael Jackson, Whitney Houston and Madonna.Four of the artists who have had the largest recording contracts up to one point. [a]The following is a list of the largest music deals in history signed by artists, including recording contracts and multi-rights agreements with over $50 million, as well catalog acquisitions with a reported sum of over $150 ...
Rod Stewart has agreed to sell the rights to his song catalogue to Iconic Artists Group in a deal worth almost $100m (£79m).. Stewart, 79, has enjoyed a lengthy solo career since his time in rock ...
Page said that Springsteen's deal is particularly interesting, since it shows how record labels now want a piece of the action — as opposed to music investment funds like London-based Hipgnosis.
Viral sensation Oliver Anthony has spoken — or rather written — at length for the first time since his song “Rich Men North of Richmond” became a nearly overnight national phenomenon ...
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. [1] [2] In exchange for development support, the recording label or publisher receives a right to future high royalties or other desirable rights. [1]
In recent times, artists such as Nine Inch Nails and Radiohead, who once had major label record deals, have started to release their music independently. Various musicians have remained independent at the beginning of their musical careers but later on get a record deal and continue as a signed musician.