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- Title
The New (Record) Deal.
- Authors
Locke, Zac
- Abstract
Most new artists eventually become disenchanted with their record deals, and never see a penny of income after their initial advances. While some observers would like to get rid of record labels altogether, this Note suggests that drastically changing the system instead of eliminating it may be the answer. After all, labels still provide valuable marketing for artists, helping them break through the ever-increasing clutter. Thus, this Note suggests a new model for recording contracts between labels and new artists. The proposed record deal is one of limited exclusivity, with a comprehensive revenue sharing model, based on a number of deliverable songs. The Note posits that the system could be simpler, fairer, and actually force labels and artists to work together to develop the artists' careers while providing both with new revenue sources.
- Subjects
ARTISTS; REVENUE sharing (Governments); SOUND recordings; SOUND recording industry; REVENUE
- Publication
UCLA Entertainment Law Review, 2008, Vol 15, Issue 1, p105
- ISSN
1073-2896
- Publication type
Article
- DOI
10.5070/lr8151027108