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-   -   I Need Tips on making contracts for a label....... (http://community.rapverse.com/showthread.php?t=222309)

.Ike. 02-15-06 12:14 PM

I Need Tips on making contracts for a label.......
 
ok so ive had this idea circulating through my head the last couple days.....

since i got all this sick ass equipment for christmas....( which i still havent hooked any of it up ).....my quality is gonna be really nice......since its already pretty damn good right now....with all the new shit....itll sound quite a bit better....


ok...so my sister is moving back here cause she gets out the army in april......so my step dad ( who is a contractor and framer ) is building an apartment building ( a quad plex ) for me and my friends to move in.....and for her to move in....cause they dont want her living with them when she gets back.........

so once i move here pretty soon....ill get all my equipment set up...and ill have a booth since my mom is gonna build me a walk in closet for one.....

ive been thinking....i could grab up a few local artists......give them a lil 1 album contract.......and i dont wannna leave ANYTHING out of this contract...ive already thought up tons of stuff.............


but the way i wanna do it....is have them record over at my apartment......get their cd done.....i pay for everything ( cd's, cases, covers, etc. )....then i give all of em to them to hustle theirselves.....i get 3 bucks from each CD they sell....which would basically mean i make 2 dollars off each cd....and they make about 2 dollars....

theres a lot more i have thought up....but thats just kind of an outline of what im about to start.....


so can anyone help me out with things that should be on my contract?

i really need some tips cause i dont wanna leave a thing out where people can screw me....

Tha Q. 02-15-06 12:20 PM

bro...Imma pull an Apexx on this one...

Seek professional help. Get an attorney.period.

.Ike. 02-15-06 12:39 PM

^ honestly im not trying to make it anything huge....just something for side money....

im not dumb enough to think im gonna be pulling tons of cash in from something like this....but itll help out somewhat.....plus itll help get my music out...and others music out....

im tired of this net shit to be honest....

Past Tense 02-15-06 12:42 PM

Quote:
Originally Posted by Invektive
im tired of this net shit to be honest....


pretty much the same here....

nets gettin old soon as i turn 18 there will be no more 'net' for me...cuz thats when i move out and can start making my own desicions..and that would mean i'll be able tooo move too my friend chris's house and have a free studio everyday..1 more year man 1 more year

Dirty Nigga 02-15-06 12:43 PM

My only tip on building a contract is make sure you choose the 'clauses' in the contract wisely...Like watch for get out clauses and buying out clauses, 'cause higher prestiage record labels will snap up your artist by buyin him out.

.Ike. 02-15-06 12:57 PM

^ word...thanks...i didnt even think about that one

*SmokeSomething* 02-15-06 02:37 PM

Quote:
Originally Posted by Chief
Read up on it on good websites and you'll get alot more info trust me...




yeah i agree on this cause all paper work should b solid no loop holes

Magic5 02-15-06 04:11 PM

Just be like.. "If you screw me over, I'll suck your mother's titties."

Blay'all 02-15-06 05:03 PM

Quote:
Originally Posted by Past Tense
pretty much the same here....

nets gettin old soon as i turn 18 there will be no more 'net' for me...cuz thats when i move out and can start making my own desicions..and that would mean i'll be able tooo move too my friend chris's house and have a free studio everyday..1 more year man 1 more year

may i suggest going to school too in case this solid plan doesnt work out? :thumbup:

Sean Gunner 02-15-06 05:05 PM

Quote:
Originally Posted by Past Tense
pretty much the same here....

nets gettin old soon as i turn 18 there will be no more 'net' for me...cuz thats when i move out and can start making my own desicions..and that would mean i'll be able tooo move too my friend chris's house and have a free studio everyday..1 more year man 1 more year


You don't even rap anymore, make up your mind.

Retain all rights to your songs. -_-

Past Tense 02-15-06 05:59 PM

lol man....i know i could blow up local and well in washington and too be honest thats all i want..i could care lesss about blowing up any further

BigTony.Self 02-15-06 06:08 PM

pt stick to makin video's dawg

Past Tense 02-15-06 06:10 PM

Quote:
Originally Posted by Tony.Self
pt stick to makin video's dawg

????????????
................

Sean Gunner 02-15-06 06:19 PM

Quote:
Originally Posted by Past Tense
lol man....i know i could blow up local and well in washington and too be honest thats all i want..i could care lesss about blowing up any further


Then just do it. Stop talking about it.

Past Tense 02-15-06 06:32 PM

Quote:
Originally Posted by The Revelation
Then just do it. Stop talking about it.

lol i am doing it

its been uhm...like 3 months since i've dropped or been really active

right now i'm on mid-winter break or somthin,so i'm takin this week too relax....

word

.Ike. 02-15-06 06:43 PM

^ aww man u cant relax when your trying to get dope.........itll only hurt....keep at it strong every day

Past Tense 02-15-06 07:28 PM

^^ oh yeah i know i still write every day i mean every day and practice just no recording this week

La Cosa Nostra 02-15-06 08:13 PM

Lol..

Thats IF you find artists than can sell..

Most really good artists tend to want to sign to something bigger than a tiny ass just starting indie label......... You sorta need them to either be ya good friends, or you need to be really charasmatic and make people seriously believe you can take them somewhere.....

This plan looks good at face value.. But $10 says you'll prolly get sick of putting in hard long hours n money out ya own pocket for making jack shit income...............

.Ike. 02-15-06 10:19 PM

^ meh ima start with a few people,.......some being my friends yes......that i will experiment with.....if it does good...then ill continue expanding


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