360 Record Deal Template

In these agreements the artist can be either a single person or a group and the company is usually an organized entity.

360 record deal template. Music industry contracts that allow a record label to receive a percentage of the earnings from all a bands activities are referred to as 360 deals. What is a 360 record deal. The template is available for immediate download and you really do not have to struggle about adjusting the format because it is just perfect so you can use it just as is. 360 type deals have come around as the recording labels response to three major trends in the music industry in recent years.

Nowadays its crucial for anyone involved in the music industry to understand 360 deals and how they work. I hear the artists say they want the labels to help them land endorsement deals major tours and tv shows and film rolesbut ive yet to see a major label do this. The most efficient way to get your music contract done is using a music contract template. Periods artist agrees to record for company sufficient masters to comprise a minimum of one 1 long playing phonograph record album album per contract period embodying compositions not heretofore recorded by artist in a company approved recording studio at times to be mutually agreed upon.

Example 360 music contract pdf download. Other contracts simply pay a percentage from record sales or from money making activities that the record label has a hand in. First let me give every artist and manager a quick primer on what a 360 degree deal is. Basically the 360 is an exclusive recording contract between a record company and an artist in which in.

These new agreements are commonly referred to as multiple rights deals and are also known as 360 degree deals. Back in the good ol days of the music business meaning before the year 2000 record companies had one jobto make and sell records. I hear the artists who sign 360 deals say that they feel they have to sign these deals because the label wont work their projects if they dont give up a bigger split. 1 the steady decline of revenue from record sales 2 the increase in prices of tickets to live events and fan expenditure on merchandise and 3 the strengthening of the capabilities of the collecting societies and.

There has been a shift from traditional record distributors signing artists solely to a recording agreement to now signing artists to much more elaborate contracts.