Every artist dreams of getting a contract someday. As the landscape of the music business changes, artists have more tools at their disposal, making the lure of a record deal less and less appealing.
Yet there are still good opportunities! The problem is to choose and not become a rash victim of bad opportunities. I've experienced plenty of contract-related disasters, so I thought I'd share a few things to help get the wheels turning.
Most of the time when it comes to a bad contract situation, money flashes before your eyes. and they'll offer all sorts of things and promise all sorts of things, and in the end, they don't deliver on any of it.
They offered me a lot of things in the beginning, which unfortunately I believed because of ignorance and financial difficulties. Fortunately, none of the situations I got into were so serious that I couldn't get out of them.
People will say and do anything to get you to sign a contract, especially if it is unfavorable to you. sometimes the situation can seem perfectly legitimate, yet the contract can be a nightmare. That's why you can't make decisions based solely on how things look, how you feel about a company, or what their history is.
All that matters is what's written in black and white. on paper!!!!!!! Because you never get what you deserve, but you get what you bargain for. Don't get carried away with money and don't sign anything in a hurry.
Whenever it's a recording or publishing contract, ALWAYS!!!!!!! have it reviewed by a lawyer. You'd be surprised what crazy scams are deeply hidden in some of these contracts! You may give up your publishing rights, royalties, creative control or ownership, and even future income for things that have nothing to do with the contract.
Now 15% of a lot is better than 100% of a little, but are you happy with that in the long run? What about things that could potentially happen in the future? Do you want to be tied to one situation? Are you willing to take that risk? Now let's look at it from a different angle.
If you remain independent, you will have 100% creative control over your work and keep 100% of the profits.You are in full control of your career. If you are the type of person who needs constant guidance and needs to be pushed into something, this path may not be for you.
Getting a contract would probably be more profitable for you.However, if you're a business savvy person with an extreme work ethic, going it alone is very beneficial! Getting up and doing what you enjoy every day without being bound by a contract is a liberating feeling!
As creatives, we have our creativity first and foremost. Your art is your legacy. People think you need millions of fans to make a living with your art. As a major label artist, this is true because there are many hands in the pot. But as an independent artist, you don't need that!
If you set up your strategy to include album sales, merchandise, gigs, licensing, royalties, publishing.AND the beautiful thing is that when your music really resonates with people and you consistently release new music, your fan base starts to grow in a snowball effect!
The success of an independent artist knows no bounds. There are some people who are very successful and still maintain their independence!