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USA Today (of all places) has a good overview on some of the ins-and-outs of record contracts.
The record business abounds with tragic lore of music pioneers cheated out of earnings by predatory managers and labels. Today's industry is cleaner but still too byzantine to seal any deal with a handshake. And no aspect is thornier than royalties, which lend record contracts a Rube Goldberg complexity and cause for conflicts.
If you want more information on this subject, check out either All You Need To Know About The Music Business or Confessions Of A Record Producer.
Thanks to Joe for the tip.
Posted by Casper at May 18, 2004 12:22 AM