They will pay an advance to the artist and cover any recording and marketing costs. Highlight anything questionable to you.The most important concept to understand about record contracts is that they are negotiated agreements (contracts) between independent parties. How do recording contracts deal with physical merchandise? How do I get out of a deal if it goes wrong? Need a Music Recording Contract for an artist or band? This article will show you the benefits of signing vs. Staying indie, as well as how to pitch your music to a label. Hi guys, I'm a house music producer signing to my first label and am wondering if this contract is any good? We've created that stepbystep guide to setting up a record label to help you get all the details and make sure that none of it slips through the cracks.