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Artist Development Deal
An artist development deal (also known as a demo deal) is a recording artist contract with a record label or music publisher that promises to develop the skills and public profile of the artist. In exchange for the development support, the recording label or publisher receives a right to future high royalties A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset o ... or other desirable rights. These types of deals are sometimes most helpful to the artist, but the label often takes control of the artist's management and publishing rights. Historically, such deals have been abused by both labels and managers. References Music industry {{Music-stub ...
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Recording Artist
A musician is a person who composes, conducts, or performs music. According to the United States Employment Service, "musician" is a general term used to designate one who follows music as a profession. Musicians include songwriters who write both music and lyrics for songs, conductors who direct a musical performance, or performers who perform for an audience. A music performer is generally either a singer who provides vocals or an instrumentalist who plays a musical instrument. Musicians may perform on their own or as part of a group, band or orchestra. Musicians specialize in a musical style, and some musicians play in a variety of different styles depending on cultures and background. A musician who records and releases music can be known as a recording artist. Types Composer A composer is a musician who creates musical compositions. The title is principally used for those who write classical music or film music. Those who write the music for popular songs ma ...
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Record Label
A record label, or record company, is a brand or trademark of music recordings and music videos, or the company that owns it. Sometimes, a record label is also a publishing company that manages such brands and trademarks, coordinates the production, manufacture, distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting talent scouting and development of new artists, and maintaining contracts with recording artists and their managers. The term "record label", derives from the circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry, recording artists have traditionally been reliant upon record labels to broaden their consumer base, market their albums, and promote their singles on streaming services, radio, and television. Record labels also provide publicists, who assist performers in gaining posi ...
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Public Profile
Notability is the property of being worthy of notice, having fame, or being considered to be of a high degree of interest, significance, or distinction. It also refers to the capacity to be such. Persons who are notable due to public responsibility, accomplishments, or, even, mere participation in the celebrity industry are said to have a public profile. The concept arises in the philosophy of aesthetics regarding aesthetic appraisal.Aesthetic Appraisal', Philosophy (1975), 50: 189–204, Evan Simpson There are criticisms of art galleries determining monetary valuation, or valuation so as to determine what or what not to display, being based on notability of the artist, rather than inherent quality of the art work. Notability arises in decisions on coverage questions in journalism. Marketers and newspapers may try to create notability to create celebrity, fame, or notoriety, or to increase sales, as in the yellow press. The privileged class are sometimes called notables, when ...
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Royalties
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.Guidelines for Evaluation of Transfer of Technology Agreements, United Nations, New York, 1979 A royalty interest is the right to collect a stream of future royalty payments. A license agreement defines the terms under which a resource or property are licensed by one party to another, either without restriction or subject to a limitation on term, business or geographic territory, type of product, etc. License agreements can be regulated, particularly where a government is the resource owner, or they can be private contracts that follow a general structure. However, certain types of franchise agreements have comparable provisions. ...
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