360 Record Deal Proposal – SHORT FORM
360 Record Deal Proposal – SHORT FORM
This deal memo proposal is what the record company sends to the artist representative or manager when an offer is made. Once the main points are agreed to by label and artist rep, a long-form record deal is drawn up based on this short-form. This deal memo issued by the label is where it all starts. Note that this “360” proposal asks for rights in all major areas in which artist may generate revenue: recording, publishing, touring and merchandise.
- Term / Recording Commitment
- Existing Masters
- Advances / Recording Budgets / Recording Funds
- Digital Exploitation
- Mechanical Royalties
- Third Party Promotion / Marketing / Publicity
- Video Productions Costs
- Artist Website
- Tour Support
- Co-Publishing & Administration Agreement (Scope, Term / Delivery Commitment, Territory, Advance, Royalties)
- Copyright Ownership
- Exploitation & Administration
- Merchandising Agreement (Scope, Term, Territory, Advance, Royalties)
- Touring Agreement (Scope, Term, Territoriy, Advance, Royalties)
- Health Insurance
Don’t miss this insider’s peek at a standard 360 deal memo.
WHO SHOULD BUY THIS DOCUMENT:
- Those preparing to enter into a record deal.
- Attorneys – outside and in-house counsel
- Producers, Artist Managers and Artist Reps
- Record, Sales & Distribution Executives
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