Your Music Recording Contract should cover details like: Compensation and royalties. Where and when the album will be recorded. The album's release date. Who has creative control over specific elements of the album. The termination clause. The exclusive agreement clause. Dispute resolution. Promotional appearances.
Ok, good. This week, major labels banded together to unveil a revolutionary new type of record deal: the 720 deal. It follows the same basic principles as the 360 deal, but with one groundbreaking twist: record labels are now also allowed to take a cut out of the incomes of family members of signed musicians.
In 2022, Drake signed a $400 million contract with Universal, but details of his obligations were never disclosed.
How to get signed by a record label Define your sound. Build your online presence. Release high-quality music. Develop your industry network. Submit your music. Music managers and music lawyers.
The average major record label receives between 10,000 – 20,000 submissions a year from independent artists. Depending on the size of their budget, each label can only sign around 5 – 40 artists a year. So as you can see, competition is ferocious!
GETTING SIGNED TO A MAJOR LABEL We're talking between 20-100k followers. Many artists end up hiring social media management to get this done so they can stay focused on the music.
Play lots of live shows, develop a social networking presence, put your songs on YouTube, SoundCloud, and Apple Music, and get your fans excited about what you're doing. The more momentum and excitement you can build around your act, the more likely the label execs are to take notice.
How to get signed by a record label Define your sound. Build your online presence. Release high-quality music. Develop your industry network. Submit your music. Music managers and music lawyers.