Video: Ownership: Music Business Tips for the Independent Recording Artist

This Season: Tailgating; New Year, New You; Tax Time

Learn how to make sure whoever composes and contributes to the album gets fair credit, in this free music business tips video for independent recording artists.

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Video Transcript

So I want to give you one last tip is considering a Band Agreement and that is a really important one. Who owns the songs? It is really a very touchy issue because there could be so many different scenarios. It could be either writing them all, it could be a partnership of two people and two other members of the band never write anything. You have to discuss how are you going to deal with this because when money comes in again and there is money to be made because your songs are so in demand, you have to find a way to compensate the song writers in the band of any revenue that comes in. So my suggestion here is if you have a band of 4 people, 2 write songs and 2 don't, give some of the money to the non-song writers from income from your songs so that they don't feel left out. You are trying Band Agreements to find agreement, that is the key word, isn't it. So wrapping it, don't forget people have invested their time, energy, emotions into your bands and you have to reward them and you have to be fair with them. Otherwise, you'll break up.

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Ownership: Music Business Tips for the Independent Recording Artist

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