Everything an Artist Needs to Know
Posted by HLPAPG
Bobby Borg, author of Business Basics For Musicians, wrote an article that is featured on the Music Connection website. In it Bobby Borg speaks about Producer Deals and the importance of dealing with an experienced record producer. Read an excerpt of the article below to learn more!
While the proliferation of home recording tools has enabled many talented artists/producers to record quality masters right out of their own bedrooms, there are still just as many talented songwriters/performers like you who need help from an experienced record producer.
An experienced record producer not only understands the technical and creative aspects of bringing a recording to life, they also understand—should you ever advance your career to signing with a record company—how to manage budgets, deal with union forms and get guest permissions to use other artists. In short, they are expert project managers and know how to deliver a commercially viable record on time, on budget and at the desired level of quality.
While the role of a record producer is typically understood by most artists, the business aspects are more confusing. Thus, what follows is a brief rundown of when a producer may first get involved in your career, how the deals are negotiated and the producer’s fee structure.
(The following article has been excerpted from the book Business Basics for Musicians, by Bobby Borg.)
WHEN AND HOW A PRODUCER MAY FIRST GET INVOLVED
A record producer’s involvement in your career may begin at a number of different junctures and be handled in a number of different ways. The most common scenarios include: the barter system deal, the on-spec deal, the do-it-yourself deal, the production deal and the record label deal.
A Barter System Arrangement
When artists are just starting out and have little or no money to pay for a recording studio and record producer, their first involvement with a producer might exist under a barter system arrangement with a local producer.
A barter system deal is a straightforward arrangement where the goods or services of the artist are “exchanged” (i.e., used as currency) for the goods and services of the producer. Just be sure that the terms of the arrangement are clear and there are no misunderstandings about additional ownership of songs, recordings and/or hourly fees owed.
The On-Spec Agreement
Another scenario for artists at the beginning of their careers is the on-spec deal.
The on-spec deal is a situation in which the artist makes contact with a local producer/studio owner (perhaps one who is a friend, fan or close relative of the band), and arranges to record at no cost under the terms of an informal agreement. Such an agreement may state that if the band gets a recording agreement, they will pay the producer a predetermined flat fee for services rendered and consider him or her as a candidate to record the final product for the label. If the artist never gets signed to a recording agreement, the artist never owes the producer any money.
Another agreement could state that the artist gives up ownership in the master recordings or shares in certain songs for a specific term. This way, when the artist makes money down the line, the record producer also gets paid. [Warning: just be sure to understand the terms of any agreement before signing and to speak with an attorney or consultant if unsure about anything.]
Read the article in full over at MusicConnection.com