So there I am getting my work done, looking for something to write about and BAM! There it is, the perfect video sharing a little about contracts and the importance of them by none other than one of Rock and Roll’s greatest showman and musical talent.
First, let me share a few thoughts about CONTRACTS. There you are a musician,composer, songwriter or an artist and you got some great things going on. You have been working your tail off pitching your music to all the right folks and been offered a contract! What to do? Most people that I have come across are so thrilled they do not take the time to read completely thru the contract that was presented. They don’t even contemplate having a music attorney or any professional that has studied the legalese of written contracts to look at them.
I have been around a lot of contracts over the years both in sub contracting as a plumbing contractor and also as a composer and musician. Unfortunately, in this business as with any business you need to read the fine print. People may say one thing yet do another thing altogether different. So when offered a contract the best thing to do is read it thru and and understand it.
If you need to read it a bunch of times you need to read it a bunch of times. If you have access to a person who works in the legal profession or some one who has had dealings in the past with contracts that is someone with whom you should be speaking to about this and any other contract. Do not be afraid to admit to certain folks that you need help in understanding things. The first step in wisdom is the admittance that you do NOT know all things you are not omnipotent or omniscience.
I will share a bit more about this on my other blog or in another entry into this BLOG but I wanted to share with you as well this little tidbit of info from David Lee Roth of Van Halen. He tells a story about a certain incident concerning the candy M&Ms and their Rider. For those of you who do not know what a “RIDER” is, it is basically a part of the contract stipulating what some request that the artist or band have as a pre requisite before performing and conditions for them to , with out the fulfillment of such a rider the contract CAN become useless and void. That is a discussion best suited for another time altogether.
Anyone familiar with rock and roll lore has undoubtedly heard the story of Van Halen’s classic tour rider. The rider stated that there could be no brown M&Ms in the backstage area, or the venue’s manager would forfeit all of the money from the show to the band.
Watch this little short, slightly humorous video and learn who sometimes these little RIDERS or sentences can mean the difference of a SMALL paycheck to a very LARGE BILL YOU OWE. They had the rider placed with in and it saved them from having to pay a lot of cash for something beyond their control.
I found this article at GUITAR WORLD from a blog posting written by Josh Hart . I thank him for this wonderful posting of the video clip. For it inspired me to share a little of the importance of reading your contracts. Guitar World .com is a great resource for musicians of all types and a source of learning about the music business.