Following a recent BBC News Article, I thought I would put together a list of record labels and their standard deals so that new or existing artists could compare the market.
When looking for a deal, remember who owns the music. You may own the song, however it is common that the record label has prepared the digital track for distribution. In this case they will own the recording. This means that they have exclusive rights over the recording, but not the copyright to the song. This means you can if you want make a new recording of that song and distribute it.
Here's the recent BBC article over how Four Tet called out their record label Dolphin over royalty payments.
https://www.bbc.co.uk/news/entertainment-arts-61871547
Domino records
Originally gave 13%, but has now agreed to 50% of royalties to the owner.
dnldr / projektor records
Originally gave a 50% cut of income to the artist. Now they have an interesting split that covers
25% to label - 75% to "anyone who touches it" - meaning that Four Tet as a songwriter / producer would get 75% of the income stream.
What about collaborations / covers? It's still possible to get involved with music publishing even if you aren't a singer songwriter. For covers, Mairk is offering a service similar to dnldr but for covers. This involves a $45 up front fee to cover future royalties from a cover to the original artist.
Are you an artist? Join dnldr for artists and speak to Mark or Rachel about your future of publishing music.
https://www.facebook.com/groups/796223010768973
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