KEY MISTAKES ARTISTES MAKE WHEN SIGNING A RECORD CONTRACT
Every up and coming Artiste are always eager to get their songs on the lips of music listeners and critics. There are lots of ways of hitting a big bag now as an Artiste. This could be through a record deal, distribution Agreement with a credible Distribution company etc.
At the stage of striving and looking forward to their big break, many Artistes are believed to be vulnerable and ‘hungry’, therefore they are oblivion to adequate information. Artistes can get caught up in the excitement of a record deal and miss some crucial steps.
What Artistes should note:
Artistes fail to pay attention to the standard set by the label on the kind of songs the Artiste is expected to record or who owns the rights to the Artiste’s music. While labels can offer valuable input, avoid signing anything that restricts your artistic vision too much
A record deal shouldn't be a snap decision. Artistes are usually advised to take time to understand the contract, research the label, and consult a lawyer. Artistes should ensure to understand the Royalty structure i.e how the Artiste will be paid on things like album sales, streams, and merchandise. Adequate research must be done to learn more about the label's history, track record with other artistes, and reputation in the industry. A good label will understand your need to carefully consider the deal.
Another mistake is relying on Label’s promotion upon signing. A very smart and industrious Artiste must continue to build his own audience through social media, live performances and other modes.
A committed Artiste must never rely on verbal promises. All the terms of the agreement must be clearly outlined in the contract. It is important to note that even with a record deal, success isn't guaranteed. An Artiste must be prepared to continue promoting himself and building his career independently.
Lastly, it is very important to consult a lawyer before signing any agreement, record deal or not. A lawyer familiar with entertainment law can explain the contract's terms, negotiate on your behalf, and ensure your rights are protected.