03-17-2014, 10:41 PM,
(This post was last modified: 03-17-2014, 10:44 PM by midnightblues.)
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midnightblues
Jaw bone Annie
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Posts: 3,444
Threads: 38
Joined: Jul 2011
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RE: Happy for Haley
(03-17-2014, 10:34 PM)yanni5 Wrote: (03-17-2014, 07:39 PM)midnightblues Wrote: There has bin a lot of her songs played, I do hope she is getting paid Royalties.
I wonder about that too. I would think she would, but I'm not sure how that works. Did Interscope give her an advance that might still have a balance due? Maybe they are collecting the royalties? That's a good point, I'm curious what the answer to that is.
Oh yeah and are the hounds of interscope still showing there teeth? grrrrr I do hope Haley can stick it back in there face, saying",I don't need no stinking contracts"
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03-17-2014, 10:54 PM,
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Miguel
Moderator
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Posts: 11,925
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RE: Happy for Haley
Since Haley signed with Ole, her songwriting royalties should be untouchable by Interscope.
Quote:When a singer-songwriter is negotiating with a record label for a recording contract, it is not unusual for the record label to insist that the artist also sign a publishing contract with the record company's affiliated publishing company.
...Just as a publisher wants to recoup its expenses, (advances, demo costs, etc.) out of royalties your songs earn before it actually has to pay you any royalties, record companies want to recoup their expenses before paying any royalties. That's fine as long as the record company is recouping its expenses out of recording artist royalties. What you will often find in these recording contracts, however, (at least in the company's first draft), is some innocent looking language providing that the record company may recoup its expenses out of any and all moneys owing to you.
...If you have also signed a publishing contract with its affiliated publisher, you may wind up agreeing to cross-collateralization. The result is that you will not see any publishing royalties or recording artist royalties until both the publishing company and record company are recouped. The record company will have the right to recoup its expenses out of your publishing royalties and the publisher will have the right to recoup its expenses out of your recording artist royalties.
... Your attorney should try to get the company to modify the first draft so record company expenses are recoupable out of record artist royalties only.
http://www.songrights.com/dangers.htm
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