Swift did lose her catalogue of music. Which is a common occurance when anyone signs a music contract. She bought it back recently, from what I understand.
Our daughter was at one time pursuing a career as a singer... the big label contracts ALL included taking ownership of all of HER music! My husband read through every single contract. …
Swift did lose her catalogue of music. Which is a common occurance when anyone signs a music contract. She bought it back recently, from what I understand.
Our daughter was at one time pursuing a career as a singer... the big label contracts ALL included taking ownership of all of HER music! My husband read through every single contract. The lawyers from the music industry were very thorough; they wanted her soul! When our lawyer, who is a well known sports agent read those contracts, he was appalled! "She won't own anything, every dime she makes will flow through their hands before she gets a tiny portion of it...They want to own her!" Some of their demands proved that... The list of their required demands included... "No boyfriend, they choose where you live, who your friends are, where you
vacation, your clothes, your
vehicle, etc. It was endless! This is exactly why many
newer musicians come up with their own label these days...
Swift did lose her catalogue of music. Which is a common occurance when anyone signs a music contract. She bought it back recently, from what I understand.
Our daughter was at one time pursuing a career as a singer... the big label contracts ALL included taking ownership of all of HER music! My husband read through every single contract. The lawyers from the music industry were very thorough; they wanted her soul! When our lawyer, who is a well known sports agent read those contracts, he was appalled! "She won't own anything, every dime she makes will flow through their hands before she gets a tiny portion of it...They want to own her!" Some of their demands proved that... The list of their required demands included... "No boyfriend, they choose where you live, who your friends are, where you
vacation, your clothes, your
vehicle, etc. It was endless! This is exactly why many
newer musicians come up with their own label these days...
Reminds me of movie studios decades ago when actors signed with them.