i see thses contracts for sale at musiccontracts.com and would like to know if anybody here uses these and are they a good idea. the two types that i would probably use would be the ones for 'no roylaty/song rights' for unsigned local talent and 'royalty/song rights' for major label artists. but these contracts are $40 and another $20 for the explanation of the contract. is this reasonable pricing because i really don't know.
and. . .
the terms of the 'no royalty/song rights' contract has these three terms:
1. producer will not receive a roylty from the sale of records
2. producer will retain the copyright of the music
3. producer will receive a mechanical royalty form the sale of records as writer of the music.
what is the difference between 1 and 3?
also, what % would a producer get from each?
thanx in advance.
and. . .
the terms of the 'no royalty/song rights' contract has these three terms:
1. producer will not receive a roylty from the sale of records
2. producer will retain the copyright of the music
3. producer will receive a mechanical royalty form the sale of records as writer of the music.
what is the difference between 1 and 3?
also, what % would a producer get from each?
thanx in advance.