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Record contracts are, for all intents and purposes, loan agreements. Agreements that work, pretty effectively, in the record company's favor. According to major artists like Courtney Love, David Byrne and Trent Reznor, major labels and their contracts strip artists of the profits from their own music, giving it over to the label. Here's how it works.

The Artist:

·         Pays for recording the record out of their advance

·         Covers all touring costs

·         Is responsible for expenses outside already designated parameters

·         Rights to the work, if signed over for a larger advance, belong to the record company

·         The Major Label Record Company:

·         Pays to have the artist's music played on the radio

·         Pays out an advance to artist

Keeps the rights to the artist's work to be used at the discretion of the label.

A lot of artist's never see the light of success they imagined at the end of the tunnel. In fact, according to industry insiders and artists that know, record companies operate with a 5% success rate, meaning 5% of the total artists on a label actually become profitable or Top music production companies. 95% of bands signed by major labels end up never turning a profit, owing money to the record company or never having their record released at all & Speaking of which.Visit here for More info-http://www.sfaudioproduction.com/