360, 180 or 0 degrees? The future of music contracts
Published 25.06.08 at 19:30
Following the highly successful panel discussion about the new 360° deals in the music industry in March 2008, we are now discussing the future of music contracts and opportunities for new business models. So-called 360° contracts refer to agreements where the label is asking for a share in all areas of a musician's income from record sales to touring and merchandising. Yet these deals only represent one – highly controversial – business model that has evolved from the resent slump in record sales effecting big labels. Our panel of music industry insiders will not only look at the advantages and disadvantages of signing with an international label but also at alternatives that have emerged from new ways of music distribution and promotion.
Panellists include Nicki Stein, IP expert at Clintons, Phil Nelson, band manager, John Truelove, Truelove Music/Tortured Artists Ltd. The panel was chaired by Nicola Slade, editor of Record of the Day, and the event took place at the London College of Communication in June 2008.
The podcast is downloadable in two parts.
Please note that these podcasts discuss the legal position in the UK at the time of publication. They provide general information only and are not to be regarded as legal advice. You must take advice from a specialist lawyer in relation to your specific circumstances. Further, you should seek additional legal advice when dealing with parties based in other parts of the world or works originating from other parts of the world as the legal position may vary.
Photo credit: Pokpok313