Oftentimes small print and hidden clauses are stated in such a way that it is not always what it appears to be. There are attorneys who are specifically trained to recognize the legal language, making sure that our client is getting what has been agreed on between them and the other party. Some of the services provided by Perdomo Klukoski and Associates include:
- Contract Negotiations and Review
- Licensing and Publishing Administration Guidance
- Dispute Resolution with Third Parties
Royalties are monies that are paid out to an originator of some type of creative piece, musical composition in the recording industry, based on the sales of the work. Certain criteria must be met in order for this process to be effective including copyrighting and patent. The percentage of the total profits is governed according to what has been agreed on contractually between the creator and the other party or parties involved.
Whenever negotiations are part of any deal making, it is going to involve a back and forth battle where the best diplomat will ultimately outbid the other in the bidding process. Perdomo Law knows how to ask for more than what his or her client is willing to accept and successfully finds a middle ground that will be satisfying to all parties involved.
A management agreement is made between an artist and a manager who decides to work together. The agreement defines the relationship between the two, and describes the role of each party involved in the contract.
Before the contract is signed there are negotiations that will take place on such things as the term of agreement, responsibilities of each party, payments and expenses, and the extent of power that the manager will be able to use. In these types of situations it is advisable to have a Perdomo Law NYC Music Lawyer on board to assist with these types of decisions.
License Audio Rights
License audio rights are when the audio rights are licensed only. It does not allow the creator or publisher of the works any other rights. Royalties for audio sales are computed on net sales and not retail. Advances are paid on audio contracts but they are very little.
Legal assistance from an NYC Music Lawyer is a good thing to consider in these transactions because of issues that involve the reservation of rights, time allotment to publish material, warranty provisions, authorship credit, third party infringements, promotions, and terminations. These concerns will automatically require some negotiations that are best handled by an attorney to reap benefits of a successful outcome. Also legal forms have to be completed which should also be done under legal advisement.