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Ike
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I Need Tips on making contracts for a label.......
IP:
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....
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