TYPES OF RECORD DEALS THAT ARTISTES SIGN

Ruger is currently ranting.

Have you ever wondered why Kizz Daniel changed his name from Kiss Daniel after leaving G Worldwide? Have you ever wondered why Cynthia Morgan, Rhythmz lost their names after leaving a record label? It all boils down to the kind of record deal you sign.

You will always hear that this label is bad, this label is good. Our Artistes before going in for those deals they know it. Sometimes we the Fans Cry more than the Artistes.

Once an Artiste Quits the label we don't even Care to know the Kind of Contract they Sign but we just go ahead and criticize the label. Our Artistes knew it but they are always hungry and desperate.

 

50/50 RECORD DEAL

This kind of Deal is more of a Joint Venture. It can be signed between an Artiste and a Record label or between two Record labels. What you should know about this kind of Contract is that it is signed only with Artistes who are making Waves. Reason Kocee can sign in with Empire or Kizz Daniel sign in with Empire. Like we said it can be signed between two record labels too. You can't be an Upcoming Artiste and Sign a 50/50 deal nope. With this type of Contract, the Profits are shared equally

 

360 RECORD DEALS

 With this kind of deal, the record label takes a share in all the income the Artiste makes from Streams.

They build up and Artiste through their recordings till the Artiste reach a point where the sources of revenue like Performing and Merchandise increase as a result of this. Hence the record labels feels entitled to everything from streams to performance and everything. The thing is 360 deals are not good for everyone. Record labels created this to make more money from Artistes. Many Artistes have an issue with it. This is the kind of deals many of our Artistes sign and regret later. Kizz Daniel had this deal with G world Wide reasons he lost even his name when he left. Ruger had same deal and now he is crying.

 

SINGLE RECORD DEAL

In this kind of Deal a label is involve in the production and release of a single song. The idea behind is that Labels don't want to fully invest on an Artiste who is still unproved. By releasing a Single song, The label can have an idea about how successful the Artiste can be before fully investing in the Artiste. This is what Daicko signed with motherland Empire of Stanley Enow. They surly couldn't spend more to invest on him given the reaction gotten from his first single. Remember Record labels are out to make money.

 

PRODUCTION DEAL

A production deal is not a Record deal because it doesn't include the distribution of Your Recordings instead it is offered by a Production company solely for the Production and Recording of your songs. A production deal is a good step in getting a Record deal. If Your Recordings turn out to be very good, you can easily get a Record Deal.

 

DISTRIBUTION DEAL

This is actually one of the best record deals, you own the rights to projects while a particular company markets it for you and get a particular percentage. Imagine a talented artiste like Salatiel and Kocee having a distribution deal with Empire, he will become one of the biggest artiste in Africa in no time. Asake and Kizz Daniel all have distribution deals with EMPIRE Seyi Vibes and Shallipopi have distribution deals with DAPPER MUSIC

It is important to know these things before getting into any record deal. Know the deal you are SIGNING, read the terms.