I highly advise against formulating a contract in this fashion. There are many pitfalls to a one size fits all production contract (both for you and your client).
I think the most important thing, when first making a production contract, is a clear understanding of what you need out of the deal. As soon as your wants/needs are focused, I would get a consulting meeting with a reputable entertainment lawyer. They will be able to point out scenarios, spot pitfalls, etc. If you are comfortable with them, have them draw the contract up. This process is really not that expensive and could potentially save you a fortune in the future.
I highly recommend reading as many contracts as you can find and using your local law library to learn about what different clauses mean. I would especially pay attention to how people handle the termination of their agreements under various circumstances.
In order to be successful in the music business you have to understand what applies to YOUR business and what doesn't. Lawyers are very important but YOU need to be directing your attorney and not vice-versa.
hey jimmyz here . studioz pipelineaudio - I have a band in the studio whom has a $500.00 budget,
who obviously has exceded their limit considering
doing a points of percentage and/ or signing bonus deal. I have somewhat of a contract, but not detailed enough to cover all of my bases. Could you please help advise me in this area. E-mail me back at StudioZpro@hotmail.com.Thanks.
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Member for
24 years 4 monthsI highly advise against formulating a contract in this fashion. There are many pitfalls to a one size fits all production contract (both for you and your client).
I think the most important thing, when first making a production contract, is a clear understanding of what you need out of the deal. As soon as your wants/needs are focused, I would get a consulting meeting with a reputable entertainment lawyer. They will be able to point out scenarios, spot pitfalls, etc. If you are comfortable with them, have them draw the contract up. This process is really not that expensive and could potentially save you a fortune in the future.
[[url=http://[/URL]="http://www.roninmus…"]RoninMusic[/]="http://www.roninmus…"]RoninMusic[/]
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24 years 4 months;)
Member for
23 years 11 monthsI highly recommend reading as many contracts as you can find and using your local law library to learn about what different clauses mean. I would especially pay attention to how people handle the termination of their agreements under various circumstances.
In order to be successful in the music business you have to understand what applies to YOUR business and what doesn't. Lawyers are very important but YOU need to be directing your attorney and not vice-versa.
Member for
23 years 8 monthsThanks for the responses, they have all been helpful.
OneMan
Member for
24 years 1 monthhey jimmyz here . studioz pipelineaudio - I have a band in the studio whom has a $500.00 budget,
who obviously has exceded their limit considering
doing a points of percentage and/ or signing bonus deal. I have somewhat of a contract, but not detailed enough to cover all of my bases. Could you please help advise me in this area. E-mail me back at StudioZpro@hotmail.com.Thanks.