What Should I Look for in a Record Deal?

What Should I Look for in a Record Deal?

Signing a record deal can be a dream come true, but before you put pen to paper, you need to understand what you’re agreeing to. Here are key things to look for in a record contract to protect yourself and your music career.

1. Ownership & Rights – Does the label own your masters, or do you retain ownership? Many labels demand full ownership, but retaining control over your music can mean long-term financial benefits. If the label insists on ownership, negotiate for a reversion clause so your rights return to you after a certain period.
   
   
2. Advance & Royalties – Advances may seem exciting, but remember, they are loans that must be recouped. Check the royalty rate—this is your actual earnings from music sales and streams. The industry standard varies, but the higher, the better.
   
   
3. Creative Control – Does the label have the final say on your music, branding, and collaborations? If maintaining your artistic vision is important, make sure you have input in these decisions.
   
   
4. Marketing & Promotion – What is the label’s commitment to promoting your music? Ensure they have a clear strategy and budget for marketing, touring, and playlist placements.
   
   
5. Term & Commitment – How long are you tied to the deal? Avoid overly long contracts that could limit your future opportunities. A deal locking you in for multiple albums without flexibility can be a red flag.
   
   
6. 360 Deals & Merchandising – Many labels want a cut of everything—touring, merch, endorsements. If you’re signing a 360 deal, negotiate how much they take and ensure they provide real value in exchange.
   
   

Before signing, hire an experienced entertainment lawyer to review the contract and negotiate better terms. A bad deal can trap you, but a well-negotiated one can set you up for success.

Need help reviewing your record deal? Contact Mason Firm LLC to ensure you’re protected!