Assignment clause
Whether a contract can be transferred to another company.
If the label is sold, your deal can move with it. Ask for consent rights, or at least a carve out so you are never assigned to a company you would not have signed with.
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More business terms
- A&R
Artists & Repertoire, the person at a label who finds and develops artists.
- Advance
Money paid up front by a label or publisher, recouped from future royalties.
- Recoupment
The process of a label earning back its costs from your royalty share.
- 360 deal
A deal where the label takes a share of income beyond recordings.
- Licensing deal
You keep the masters and license them to a label for a limited period.
- Label manager
The person running a label's day to day operations.