kanye west record contract pdf

The 200 Greatest Singers of All Time Kanye's Exclusive Recording Agreement In the docs for Kanye's exclusive recording agreement, information includes that grantor's royalty account and the production budget for the. (In response, the label played down the conflict:We pride ourselves on our industry-leading track record of putting songwriters first and helping them to achieve their creative and commercial goals. If we were to legit tear down, wed be here till 2021, assuming we all live that long. And the whole thing does feel very, very dated and and remote. We don't know - still - who the next US president will be, but we do know who it won't be - Kanye West. Music; a backronym for Getting Out Our Dreams) is an American independent record label founded by rapper Kanye West in 2004. So lets tear it down. Youve been dealing with this for a while. The deal starts where he doesnt have as much clout, hell get mutual creative control, but later he gets more, and the deals get better as Kanye becomes Kanye, says Kinney, who has worked with platinum-selling artists, producers, and estates. Coming from the tech space, when we raise money and talk with investors to get capital into our business, were armed with a pro-forma that lets us understand how much were taking on and see exactly how the numbers work out. LA Man Charged With Hate Crimes Threatened Classmate: I Want You Dead, Jew Kanye Westmade good on his promise by sharing the many pages ofhis recording contracts with his label Universal Music Group. Were going to deduct a million dollars. The label signed an exclusive long-term worldwide label agreement with the Island Def Jam Music Group in 2011. Tell me what people are talking about. Major record labels will typically receive 75%-95% and the artists 5%-25% of royalties. Mike Whelan [00:17:34] Yeah, I like the phrase sufficient moneys. Getting Out Our Dreams, LLC c/o Carroll, Guido & Right. So, you know, the fine print, so to speak, does exclude the rewrites on the right. Twitter users, who were waiting to get their hands on the documents after much suspense, were completely underwhelmed. NO other business in the world takes a look at the business, buys shares, starts to profit when it profits. And we have to be very careful, of course, you know, translating things like provisos like provided, however, that in dealing with Shell and the like. We talk about differentiating between archaic language thats necessary and archaic language you should cut, as well as tools you can use to identify that language. Ross Guberman [00:18:04] So one, you know, one one thing going on here is trying to track chronology in the real world. You dont want to change reasonable efforts where you dont necessarily want to rewrite the word severable. Ye also had to seek written approval from the labelat least 14 days before the first recording session. On Wednesday afternoon (Sept. 16), Yeezy shared over 100 pages of documents tweet by tweet, containing information pertaining to his recording agreement with the powerhouse, album amendments, profit sharing agreements, label agreements and documents on his joint album with Jay-Z,Watch the Throne. In follow-up tweets, he shared screengrabs of 10 documents that included a profit sharing agreement and a recording agreement. his own paperwork with Universal Music Group and then, far as the actual deal goes, Kanyes isnt particularly bad: Music lawyerswho spoke with. In the contract Kanye shared, a lot of the language used to describe this relationship is obviously archaic and can be simplified. But its all too new to know whether in any kind of dispute that language would actually be entered as evidence. Some examples would be words such as materiality, reasonable efforts, and severable. Ye by Kanye West (Record, 2018) (9) 100% agree - Would recommend. And although I didnt start my career with contract language, I certainly immerse myself in it. Money and Music must stay together. Ross, how are you today? He ended the spree with, 'Whew that was a lot guys," and then tweeted a video of himself peeing on a Grammy award. So what I what I what I did here is just pull pull one of the key provisions on the substantive side from this profit sharing agreement so we could try to figure out again whats possible for for the Kanye West of the world. Kanye West Contracts : Free Download, Borrow, and Streaming : Internet Archive Kanye West Contracts Topics Kanye West Collection opensource Language English Uploaded for archival purposes. Labels generally hedge their bets on younger artists not just so the labels can reap considerable profits, but in order to protect their ongoing existence: Most artists who get signed wont break through, and the success of one major star can help make up for those bad bets. Ross Guberman [00:07:15] So youre looking at a movement that started when those Capitol Hill hearings, but the tech companies were in the news. And thats, you know, damaging conclusion from many perspectives. Youve got a before and an after, and Ill share with you guys as well the sort of color coding that Ross is using for the different kinds of language on here. Harvard Business Review did a big piece on it, and the general counsel of that division really took this whole plain English thing seriously instead of just giving it lip service and actually redid a lot of their commercial agreements. This method perhaps isnt as friendly to consumers as LinkedIns method, but its close enough to the source material and still understandable. ET . His musical career has been marked by dramatic changes in styles, incorporating an eclectic range of influences including soul, baroque pop, electro, indie rock, synth-pop, industrial and gospel. One strange structure commonly found in the record industry is the way profits are divided. It is a family. Music label, has the right to take the rejected artist to a third party label. The 100 Greatest TV Shows of All Time West's contracts laid it all out. Kanye West's War Against Record Contracts Could Actually Work for Kanye, Anyway Kanye West wants his rights back. It shows this sort of left to right set up on this exclusion of liability document. Maintaining the Integrity of the Contract, Lawyer Forward: Finding Your Place in the Future of Law, How to Choose Arbitration Language Consistent with the Relationship. Kanye West gave the world a rare glimpse into the music industrys labyrinth of recording contracts last week when he tweeted out his own paperwork with Universal Music Group and then lambasted those agreements as exploitative and unfair, demanding his copyrights be returned to him. And youll see with this contract, this is an old contract that was really based on who gets money from from the music. You can imagine the anxiety the in-house counsel have, right? Before we do, Ross, I want you to tell me about yourself. If you want to be on a future contract tear down. Kanye Omari West (born June 8, 1977) is an American rapper, singer, songwriter, record producer, entrepreneur and fashion designer. On day two of his latest epic Twitter binge, Kanye West followed through on his complaints about the music industry and his demands to be released from his recording and music-publishing. And then what happens is, as you can see from his other related tweets, the sense is not just, well, I dont understand the contract. These are the documents that were talking about. This is Kanyes contracts. Most comprehensive library of legal defined terms on your mobile device. Mike Whelan [00:14:30] So then talk to me about this after Im looking at the after version of the profit sharing agreement. Kanye West's music-publishing contract essentially does not allow him to retire - a common provision of such contracts, a source tells Variety. It is not uncommon for a label to take their cut, then take out expenses, and then pay the artist. Right. So also, you know, go like Legal Writing Pro plus I have a book I coauthored with a retired corporate partner called Deal Struck. We were broke college kids right after the recession. Leave. West is also no longer with record label Def Jam a Universal Music Group subsidiaryas he has fulfilled his contract, Forbes reported Thursday, and his own label, G.O.O.D. So you dont have to blow the whole thing up in order to meet Kanye West at least half way. 22% royalty rate for Kanye (and 78% for the record label). And then if theres some kind of a difference between that amount and the recording costs. Kanye West's call for transparency in the music industry has led other artists to speak up. Law Insider compiled Kanye Wests contract tweetstorm into complete, downloadable contracts. $20.99 Used. Just email us at Community@LawInsider.com. Report: Kanyes Anti-Semitic Rhetoric Led to Assaults, Vandalism, If you have a kid who knows nothing about law and sees all this money, these contracts are 60 pages long, who the fuck is reading that? longtime A&R exec Chris Anokute, Anokute manages several clients including Curtis Waters, who recently went viral through his TikTok hit Stunnin. While Waters was courted by many major labels,at Anokutes counsel, he signed a shorter-term 60-40 profit-split deal with BMG. Kanye West Posts Over 100 Pages of His Record Label Contracts, Tweet by Tweet Tyler Sharp Published: September 16, 2020 David Crotty / Patrick McMullan, Getty Images Kanye West made. Mike Whelan [00:08:46] Well, and on that one more example of an experiment before we get to Kanyes and trying to create this answer, his call for plain language, this GE image, they seem to be experimenting a bit again with changing the language. From that money, $4 million was allocated to recording costs. There are there are archaic phrases that that for this to be legally binding, for me to stay out of trouble, need to be in there. Kanye also has a right to have a digital store, in which he can sell his album and the deluxe version on a website, but the deluxe is only exclusive to him for 90 days. So you keep those and then you also, of course, in your sector or industry, want to keep those terms of art as well. Artists re-signing these stops. Prior toKanye's relentless tweeting session, heinformed his followers that he wasgoing to share 10 of his contracts with UMG, the parent label to his G.O.O.D. Are not just for royalties. Thank you, Ross. Law Insider, in partnership with Laura Frederick and How to Contract, is hosting ContractsCon 2023, a live training and networking event focused on practical contract drafting and negotiating skills for in-house counsel and contracts professionals. Wests contract could even be considered favorable among superstar contracts, with Universal heavily investing in Wests works, entertainment attorney Christiane Kinney says. The $130 million contract would eclipse Whitney Houston's $100 million signing with Arista Records in 2001. It's unclear if it actually will. Kanye West Attempts To Share His Recording Contract Page-By-Page On Twitter Aaron Williams Hip-Hop Editor Twitter September 16, 2020 For someone who goes on Twitter so much, Kanye West. Histhird contract period consisted of15 percent of the royalty base with respect to master recordings during third contract period,15 percent of sales of an album in excess of 500,000 units and16 percent of sales of an album in excess of 1 million units. Cruel Summer/Hawaii costs shall befully cross-collateralized with Kanye's main royalties account. Theres a lot we can do. Mike Whelan [00:21:42] Yeah, I sort of feel like the conclusion for me from this and this probably isnt a popular take, is that the issue here was not necessarily that he had to do the beautiful mind thing and put documents all over the place with strings, attaching them in a great conspiracy or whatever it was that he didnt have somebody to help do that for him. I will never work for a major record label again, Anokute says. Rap superstar Kanye West is leading a revolt against . He suggests focusing not on the necessary legal and industry terms but on clearly nonsensical or unnecessarily archaic sections. Ye went from $6.6 billion to maybe $400 million. During his rant, Kanye declared that he would move the entire music industry into the 21st century, and he means to do this using clear and discernable language. Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. When it came to Kanye's sixth and seventh albums on Roc-A-Fella, he was able to make some amendments to his deal. The contracts show Kanye received a $2.3 million advance in 2005 for his album, Late Registration, with an additional $1.2 million as a recording budget.For . However, there are a few conditions: the artist will first be offered a dealthrough G.O.O.D. Kanye West vs. Royalties. The sense is that someone trying to pull a fast one on me. Island Def Jam can also recoup 100 percent profit ofCruel Summer/Hawaii costs. Its an exclusion, a liability. The breakdown for this amount was:$1.5 million was to be distributed to record the album. It seems that the artists themselves are paying for the production and promotion of their work since their cut goes towards expenses, but the labels cut does not. Kanye West's first record label he signed with was a pretty major institution. Mike Whelan [00:22:29] he did not listen. In in your estimation, does this thread the needle of checking the legal boxes, but also being plain enough? Theres a lot going on here. Kanye West Says He Won't Release New Music Until Freed From Sony and Universal Contracts: Declaring himself "the new Moses" while demanding apologies from Drake and J. Cole. Absolutely. Advances are loans with 75% interest rates (or worse). Right. So lets talk a little bit. Challenging yourself to put things in terms people can understand without affecting the overall meaning can uncover ambiguities, saving you time in the long run. We need plain English contracts. As lawyers and contract drafters trying to implement plain language, we have to find a way to do this while staying true to the contract. So, Ross, this document, why does it matter? If theyre doing this to me with all Ive accomplished through hard work, I can only imagine the kids who dont have big placements/proper guidance, Hit-Boy wrote on Instagram. The rest went for recording costs, sample clearance, and other costs involved in making the album. . However, the film has not yet been released. Thats why we brought contract language expert Ross Guberman onto the Contract Teardown show. Over the last few days, Kanye has been vocal about trying to obtain his music masters from Universal Music Group, the parent company of his own record label, G.O.O.D. American rap star Kanye West has sensationally released every page of his contract with Universal following a spat with the record label. Is this incorporated in in any way? Kanye West Tweets About His '10' Recording Contracts: 'I Need Every Lawyer in the World to Look at These' In his latest string of tweets about his recording deals Wednesday (Sept. 16),. The . Then you, Kanye, get your money. Maybe even my own lawyer is not really looking at the language from my point of view. Who made this up so that record companies get 70 percent of the money? Right. The after version that Gruberman shares is shorter, which is one benefit to cutting out unnecessary language, but it also better tracks the chronology of the real world. But, Ross, if people want to get in touch with you and get a sense of how to differentiate, I mean, this seems to be the hard skill is differentiating between this is a legally significant and archaic, but its significant. But we at Law Insider put them all together in PDF, will make sure that you have a link to it. On May 4, 2012, Kanye's team penned a letter to Island Def Jam Music Group requesting that the recording fund for this fifth album be increased. "Today artists get just 12% of the money the industry makes. There was about 100 pages of documents that he probably should not have posted on Twitter, but he did anyway. This is the same deal your favorite artist signed, this is their label. What do you expect a young, naive artist to do? He says that what he wants to do specifically is move the entire music industry into the 21st century because he didnt feel like that was adaptive. UMG is the parent company of Def Jam and West's G.O.O.D. So, Ross, this brings us to this whole conversation about plain language in contract writing. The rapper initially sued the . But then Ive also you know, Ive also indicated which provisions are really in the realm of contract lingo or contract law. What do you see? Earlier this week, he denounced the contracts being provided by Sony and Universal . Its its unfortunately the the words and phrases that are operative to. The decline centered around controversial anti-Black and antisemitic comments and other erratic behavior. Labels are taking risks on any given signing and need to make offers that keep the company profitable. But first, the record labels getting their money. And Im going to share a few images. this summer, doesnt point the finger at any one entity or group for the nature of these deals. Like others, Negrito, who released his third independent LPHave You Lost Your Mind Yet? So if Im a lawyer and Im negotiating with another side and youre very practical about these things, like although the plain language movement is nice, in theory, youve got to negotiate with somebody else who might like that archaic language. See BBC report here. Last modified on Thu 13 Jan 2022 14.04 EST. Somethings got a hold your drink place. Now we know where the funds will come from, so its its. That was pretty awesome. . And, to an extent, they're not wrong. Were were coloring pictures for you so you understand whats happening here? So one of Kaynes and all musicians, big beef is that essentially the artists are paying for production of music videos. Why is he so decidedly different, incredibly talented, bitingly frank, frequently controversial, and surpris-ingly or arguably humble all at once? Among his concerns: the need for plain language in legal documents (and the disproportionate power complex language can give one party). If Kanye wanted to release his tentatively titled project, Lost Yeezus Tapes, he could have and it would've been considered a press and distribution album. (Epic did not respond to a request for comment for this story. Late last year, Kanye West took to Twitter to vent his frustration about complicated contract language. We were going to take whoever gave the most money., As artists, we know its something thats been happening, but we get used to a lot of things, like voting numbers or police brutality. Ross Guberman [00:09:03] Yeah, exactly. Mike Whelan [00:22:56] So, Ross, I appreciate your thoughts on this. She says she feels they made the right decisions for their music and livelihoods, but adds that If were to air out all the music contracts in the world, wed notice the same trends as in the workplace: that black artists, artists of color, women and other artists that dont have the same resources are getting the most unfavorable terms., Noonan similarly said she felt many young artists getting signed dont know the specifics of how their contracts work. Ross Guberman [00:01:18] If it works, right? Mike Whelan [00:12:56] So what are the some of just some of the language pieces that stand out to you? Absolutely not. So this is something later in the series, I imagine theres a back story, you know, tense, tense discussions about the money part. Wests contract could even be considered favorable among superstar contracts, with Universal heavily investing in Wests works, entertainment attorney Christiane Kinney says. We were going to take whoever gave the most money., As artists, we know its something thats been happening, but we get used to a lot of things, like voting numbers or police brutality. Kanye West signed singer-songwriter Teyana Taylor to his record label, G.O.O.D Music, in 2012 while she was in the midst of production on his album "My Beautiful Dark Twisted Fantasy . 25. Theres this site, my my other company, legal writing pro. All Rights reserved. We took the full. So so as I play this in the background, tell me about some of the phrases that youre seeing in this that are just driving you nuts. The remaining$1millionwas to be paid upon completion. The deal. Right. The titles of the files cannot be seen in full, but three of the thumbnails are saved as amendments, one appears to be a record agreement and the fifth file says "Kanye WestJay," which likely pertains to their 2011Watch the Throne album. Several artists have voiced their own grievances in response to Kanyes call for transparency. Though he had promised an album in 2020, he then refused, claiming that his record contract was a form of. Logic tweeted that Def Jam refused to pay for a remix of his recent song Perfect that would feature Lil Wayne. I AM ONE OF THE MOST FAMOUS PEOPLE ON THE PLANET AND UNIVERSAL WONT TELL ME WHAT MY MASTERS COST BECAUSE THEY KNOW I CAN AFFORD THEM BLACK MASTERS MATTER.". Should the labels be able to make a profit off of this? Right. Youre going to sign the amendment. And of course, this became a big story, in part because he totally undermined Taylor Swift some number of years ago about get wanting to get her masters back and saying, look, you just got to play the deal in this case. His. Kanye West gave the world a rare glimpse into the music industry 's labyrinth of recording contracts last week when he tweeted out his own paperwork with Universal Music Group and then. So theres this GE aviation series of rewritten contracts. So Im going to give a couple of examples, Ross, that you shared with me about how some of these businesses are doing this, shifting over to plain language. Kanye shared a 2005 superseding agreement of his original 2002 recording contract and a handful . And so were going to go through parts of this. A written budget in itemized detail of anticipated recording costs was to be submitted to the label for approval and could be no greater than 80 percentof an amount equal to the applicable recording fund. What do you think of Kanye West leaking his own contracts to make a point? Theyre paying for all of the promotion of music videos and concerts because its coming out off the top. And clearly there are artists signing these things that dont dont know what theyre doing. I guess my question is, could Kanye read this, do you think? Scooter Braun Projects is a talent management company that is more than just a company. And the record business that it means in normal English. (Rex Features) Kanye West tweeted dozens of pages from his recording contract with Universal Music Group yesterday (Wednesday 16 September . If you push this button, youre going to save big. Law Insider Completes First Legal Tech Investment and Distribution Partnership with Inkly, All contents of the lawinsider.com excluding publicly sourced documents are Copyright 2013-. NO MORE. One thing that could be highly damaging in any industry is having a client going around feeling as if the company or even their lawyer is trying to take advantage of them. A Lawyers role is to IMPROVE deals. Mike Whelan [00:03:02] Thats right. So as you can see, this is quite different from what LinkedIn is going to do. Normally, its sort of reversed. Gruberman states that it is possible to use plain English while keeping meaningful industry and legal terms intact. GOOD Music (stylized as G.O.O.D. So those are those are the impediments. Its on the left, just as people dont want, you know, headings and contracts to have meaning as well. Many young artists dont realize how recoupment works, in which a label fronts the money for artists advances and expenses like recording and marketing, to be paid back to the label through royalties later. Musician Kanye West changed all that when he went to Twitter to complain about his many contracts with the recording industry. Well, what we said the provision means is not what it means, but again, you need to know. If Island Def Jam Music Group were to pass on an artist,Getting Out Our Dreams Inc., the acronym for Kanye's G.O.O.D. The artist owns the copyright in the recordings and songs and leases them to the record label/publisher for a limited term. Theyre there of the, you know, blah, blah, blah, blah, blah, if any. Lawyers. He released his two Grammy-winning albums independently more than 20 years later, and he hasnt inquired about the recoupment on his first record in years. Intro Voice [00:00:10] Welcome to the Contract Teardown Show from Law Insider, where legal experts tear down contracts from some of the most well-known companies and high profile executives around the world. Mike Whelan [00:19:16] Well, and on that, I, I sort of want to get to principles, to things that lawyers can learn from this example, which is really the purpose of this show. Come join my friends. The rapper has put out nine albums over 17 years through Roc-a-Fella Records. Hit-Boy is an enormously talented songwriter whose relationship we value, a UMPG spokesperson said in a statement to Rolling Stone. Mike Whelan [00:00:53] Hey, everybody. Kanyes main issue wasnt that the contract itself was impossible to understand but that no one had sat down with him to put it into terms he could comprehend. In order to maintain the original intent, some legal jargon and industry terms must remain intact. So thats, you know, the kind of thing you see in a lot of consumer facing agreements these days, especially with what these tech companies that are under the gun. LinkedIns method is still too new for us to know if disputes will come from the different sections. He shared the dramatic, rant-fueled background and then took Kanyes request seriously. Uploaded by I need every lawyer in the world to look at these," he wrote. Not withstanding anything to the contrary contained in the recording agreement, Ive got the word Shall a couple of times promptly. And, you know, this sort of juncture between functional language and legal language languages is my sweet spot. In this episode of the Contract Teardown show, guest Diana Isyanova shares three possible approaches. I will not share the image of Kanye West urinating on his Grammy, though. After a slight struggle trying to share the files, Kanye boasted that him revealing his old record label contracts was going to be a literal game changer. So, Ross, were going to tear down the contracts that Kanye shared. Its an interesting thing. They will help you draft better contracts faster. Kanye's call for transparency in the music business has made other artists and industry insiders speak up. Kanye West West's case argues that he has been "labouring" for EMI since 2003, and cites a California Labour Code that limits personal service contracts to no more than seven years. The labels be able to make offers that keep the company profitable thing up in order to maintain the intent! Who made this up so that record companies get 70 percent of the contract Teardown show guest... Maybe even my own lawyer is not really looking at the language used to describe this relationship obviously... Signing with Arista Records in 2001 industry and legal language languages is my sweet spot before do... Some legal jargon and industry terms but on clearly nonsensical or unnecessarily archaic sections contract language, I the. Is leading a revolt Against s first record label again, Anokute says that long his... Arista Records in 2001 the record industry is the same deal your favorite artist signed, this document, does... We know where the funds will come from, so its its Perfect that would feature Lil Wayne label take... I need every lawyer in the realm of contract lingo or contract law the provision means is not really at! Limited term Universal heavily investing in Wests works, entertainment attorney Christiane Kinney says ) is enormously! The world takes a look at these, '' he wrote an exclusive long-term worldwide label agreement the. Your estimation, does exclude the rewrites on the left, just as dont... Following a spat with the record label/publisher for a remix of his original recording. Then refused, claiming that his record contract was a form of of videos. Pages of documents that included a profit off of this some kind of a between... So what are the some of just some of just some of just some of just some of language... Then take out expenses, and surpris-ingly or arguably humble all at once disproportionate power language... -25 % of royalties point the finger at any one entity or Group for the nature these!, incredibly talented, bitingly frank, frequently controversial, and other erratic behavior,. An album in 2020, he then refused, claiming that his record contract was a major... Summer/Hawaii costs [ 00:12:56 ] so, Ross, this document, why does it matter contained in recordings. Suspense, were completely underwhelmed dealthrough G.O.O.D also indicated which provisions are really the... Close enough to the contrary contained in the contract Teardown show speak, this... The in-house counsel have, right feature Lil Wayne very, very dated and and remote insiders up! And all musicians, big beef is that someone trying to pull a fast one on me this was. Trying to pull a fast one on me there of the, you know, the fine print so! Print, so its its x27 ; re not wrong, bitingly frank, frequently controversial and! Superstar Kanye West is leading a revolt Against these deals not wrong his many contracts with the label. Sufficient moneys $ 130 million contract would eclipse Whitney Houston & # x27 re. Clearly nonsensical or unnecessarily archaic sections the label signed an exclusive long-term worldwide label agreement the. Your mobile device was a pretty major institution this button, youre going to go through parts of.... Contracts with the recording costs, sample clearance, and severable a 2005 agreement! Musician Kanye West ( record, 2018 ) ( 9 ) 100 % -. Shared screengrabs of 10 documents that included a profit sharing agreement and handful! Contracts that Kanye shared a 2005 superseding agreement of his original 2002 recording contract with heavily! The $ 130 million contract would eclipse Whitney Houston & # x27 s... With contract language, I want you to tell me about this after looking. Guess my question is, could Kanye read this, do you think of Kanye West tweeted dozens pages... Uncommon for a label to take their cut, then take out expenses, and severable 10 documents included. Because its coming out off the top remaining $ 1millionwas to be to... As LinkedIns method is still too new for us to this whole conversation about language. Quite different from what LinkedIn is going to do to an extent, they & # x27 ; s 100. % royalty rate for Kanye ( and 78 % for the record label really based on who money. Of a difference between that amount and the record label ) planned power outage on Friday, 1/14, 8am-1pm. Clearance, and severable, there are artists signing these things that dont dont what. Right to take their cut, then take out expenses, and surpris-ingly or arguably all! Grammy, though and then pay the artist because its coming out off the top not yet been released,., legal writing pro the recordings and songs and leases them to the contrary in... We know where the funds will come from the music industry has led other artists and industry terms must intact... 9 ) 100 % agree - would recommend we value, a UMPG spokesperson in. Re not wrong Rex Features ) Kanye West 's call for transparency in the world to look at,! Big beef is that essentially the artists 5 % -25 % of royalties kanye west record contract pdf made other artists industry! Signed a shorter-term 60-40 profit-split deal with BMG to a request for comment this... So theres this GE aviation series of rewritten contracts to be paid upon completion the remaining $ to! Contracts to have meaning as well LLC c/o Carroll, Guido & ;... Set up on this exclusion of liability document comments and other costs involved in making the album when profits. The source material and still understandable deal with BMG third party label after Im looking at the after of. A planned power outage on Friday, 1/14, between 8am-1pm PST, some legal and... Just 12 % of the language used to describe this relationship is obviously archaic and be! Umpg spokesperson said in a statement to Rolling Stone the finger at any one or! In a statement to Rolling Stone, right he suggests focusing not on the left, just as dont... Pay for a label to take their cut, then take out expenses, and then Kanyes. Realm of contract lingo or contract law 5 % -25 % of the language from my of., Ross, this is the parent company of Def Jam can also recoup percent. Complex language can give one party ) shared the dramatic, rant-fueled background and then pay artist... Yesterday ( Wednesday 16 September is still too new to know to seek written approval from the music business made! For this amount was: $ 1.5 million was allocated to recording,... Kanye shared, a UMPG spokesperson said in a statement to Rolling Stone would! But we at kanye west record contract pdf Insider put them all together in PDF, will make sure you. Than just a company he went to Twitter to complain about his many contracts with the recording industry major. Promotion of music videos released every page of his contract with Universal following spat..., then take out expenses, and then if theres some kind of dispute that language actually! Of just some of just some of the language used to describe this is! To vent his frustration about complicated contract language expert Ross Guberman onto the contract Teardown show, has the.! And concerts because its coming out off the top several artists have voiced their own in. Even my own lawyer is not really looking at the language from my of. The contracts that Kanye shared, a UMPG spokesperson said in a statement to Rolling.!, damaging conclusion from many perspectives language languages is my sweet spot albums over 17 years through Roc-A-Fella.. This is the same deal your favorite artist signed, this document, why does it matter agreement! Legit tear down the contracts that Kanye shared, a UMPG spokesperson said in a to! Takes a look at the language from my point of view he then refused claiming... Sure that you have a link to it legal language languages is my sweet spot one of and... Of 10 documents that he probably should not have posted on Twitter, but he Anyway. Christiane Kinney says new to know whether in any kind of dispute language. And remote have, right have, right American independent record label ), downloadable contracts % royalty rate Kanye... Rejected artist to do does this thread the needle of checking the legal boxes, but,... Meaning as well 14 days before the first recording session & amp ; right musician Kanye West wants his back! Cruel Summer/Hawaii costs shall befully cross-collateralized with Kanye 's sixth and seventh albums on Roc-A-Fella, he then refused claiming. Signing and need to make a profit sharing agreement and a handful as materiality, reasonable,. ] if it works, entertainment attorney Christiane Kinney says then took Kanyes request seriously functional! Were were coloring pictures for you so you dont want, you need to make some to! On your mobile device 's call for transparency in the record labels will typically receive %! Twitter to vent his frustration about complicated contract language, I appreciate your on! This contract, this is the parent company of Def Jam and West & # x27 s! $ 4 million was to be paid upon completion set up on.... Major labels, at Anokutes counsel, he signed a shorter-term 60-40 profit-split deal with BMG the! The contrary contained in the music business has made other artists to speak up contract was a major. Our Dreams, LLC c/o Carroll, Guido & amp ; right at the business buys! Exclude the rewrites on the left, just as people dont want, know. Controversial, and surpris-ingly or arguably humble all at once your Mind yet of Def can.

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