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Music biz lawyers wary of labels' new grab
Like it or not, major record companies are expected to continue drafting their artist contracts so that labels share a piece of most — if not all — of the artists’ rights in all types of revenue streams, not just record sales, but also concert tickets and t-shirts. Artist lawyers say that their responses are as varied as the rights and terms in each label’s “360-degree” deal. Some labels want to be the merchandiser, while others want rights only in certain types of merchandise connected to album cover artwork. And when it comes to artist royalties, some labels pay a… Read more »