Royalty:
Mandatory 70% of all masters net income from the release of single remix (including Third Party). This does not include original track or other remixes.
Territory:
The Internet, World Wide Online Stores
Exclusive Format:
All Formats
Term:
Eternity
Rights:
All rights associated with the Remix created, will become and remain the sole ownership of ***** from the date hereof (on completion of each remix) and both the Management and the Remixer agree that no copies of said remix will be distributed to anyone without the strict permission of ****, including but not limited to:-via The Internet, Compact Disc, Snail Mail, Bulletin Boards, My Space, Friends Space or other media outlets available. All samples of remixes posted to various websites must be within the 2 min/ 96k mandatory allotment or the Remixer will relinquish their rights to royalty payments. NO FULL VERSIONS of the track is allowed to be made available for download, either by links or recording from website players.
Release:
It is understood and agreed that revisions on each remix will be carried out by the Remixer, if required, until **** is satisfied each remix is completed, giving notice to both the Remixer and the Management they are satisfied with each remix upon completion. It is also understood and agreed that **** will have the right to choose when the remixes will be released, and how the remixes will be released. All remixes must be completed and uploaded to **** one week before release deadline. Any remix that is not in the possession of **** may not be released, nor released under another label until the one year Release Agreement expires with ****.
Accounting:
Accounting details relating to each remix will be provided to the Remixer by **** after the release of each remix on a quarterly basis. Each Remixer will be paid directly from **** based on the 70% mandatory percentage outlined above and will be paid only for the remix they created. No royalties from the original track or any other remixes of said track shall be paid to the Remixer.
Indemnity:
The Management and Remixer warrant that they are both able to enter into this agreement, and that the Remixes provided will be free of all third party claims and liabilities, including without limitation all sample claims, and that **** will not be liable for any such claims.
Governing Law:
German Law
This agreement may be executed and delivered by facsimile, or scanned and sent via e-mail, and both parties agree that such facsimile or e-mail execution and delivery shall have the same force and effect as delivery of an original document with original signatures, and that each party may use such facsimile and e-mail signatures as evidence of the execution and delivery of this agreement by both parties to the same extent that an original signature could be used.
It is agreed by both parties that this Heads of Agreement is legally binding and it is the intention of both parties to fulfill this agreement.
Pretty standard is this???
Usually you can expect 50/50 for a remix deal, so that basically means 25% of sales of your remix 50 label 25 artist 25 remixer, so tbh 70% is a good deal based on %.
Good luck
Cheers Paul 
No probs
it sounds a good deal bro . Gl with your releases .
i hold my reservation but best of luck with that 
[quote]jon_fisher (06/10/2010)[hr]i hold my reservation but best of luck with that :)[/quote]
Why do you say this jon?? whats your concern, please share, I’m still very new to think about would like all the advice anyone can give
[quote]gofunk (06/10/2010)[hr][quote]jon_fisher (06/10/2010)[hr]i hold my reservation but best of luck with that :)[/quote]
Why do you say this jon?? whats your concern, please share, I’m still very new to think about would like all the advice anyone can give :)[/quote]
sorry didn’t mean to sound like i was being negative or anything but 70% is High and Most of the time if something sounds to good to be true then it usually is.
i could open a record label today if i wanted and tell artist i was going to pay them 200% for every track they sell i’ll double it lol but if i have no intention of promoting the track or selling any copies this don’t mean ****.
The major problem with digital labels is it can be any one running them and 9 out of 10 times they are usually just a wanna be super star kid thats just doing it for bragging rights to his mate.
you need to do as much research into them as you can and if you can’t research them don’t sign then contract.
Seems like straight up advice there Jon. Cant argue with that Logic.
they seems pretty legit, releases on beatport, audiojelly etc etc, the want to sign my other track for 50% and remix someone elses for 70%, but I’m sure that would be 70% of what ever is left after the pay everyone else. They are a pretty new label so dont know if I’m gonna sign my track to them but I’d be up for the remix… lets just hope its not a rip off!!!
% usually works like this wayne
sale 100%
beatport/audiojelly take 50%
record label take % or the 50% that was remaining
the artist if lucky gets paid % thats left
the artist although he/she thinks 50% of £1.49 is quite good its realistically speaking nowhere near that level.
in my eyes i would rather take a 2% deal with toolroom than a 500% with 90% of the digital labels.
[quote]jon_fisher (06/10/2010)[hr]% usually works like this wayne
sale 100%
beatport/audiojelly take 50%
record label take % or the 50% that was remaining
the artist if lucky gets paid % thats left
the artist although he/she thinks 50% of £1.49 is quite good its realistically speaking nowhere near that level.
in my eyes i would rather take a 2% deal with toolroom than a 500% with 90% of the digital labels.[/quote]
Yeah dude. i agree with this 100%. I have talked with Jon and Addy about this. If you have a good track, why not shop it around. If this company is interested, than what makes you think that others would not be? Personally, I would try to shop it with some of the bigger players, like Armada, Cold Harbor, etc. What would it hurt?
I do wish you the best of luck bro! You are a cool dude and want to see nothing but success for you.
[quote]howiegroove (06/10/2010)[hr][quote]jon_fisher (06/10/2010)[hr]% usually works like this wayne
sale 100%
beatport/audiojelly take 50%
record label take % or the 50% that was remaining
the artist if lucky gets paid % thats left
the artist although he/she thinks 50% of £1.49 is quite good its realistically speaking nowhere near that level.
in my eyes i would rather take a 2% deal with toolroom than a 500% with 90% of the digital labels.[/quote]
Yeah dude. i agree with this 100%. I have talked with Jon and Addy about this. If you have a good track, why not shop it around. If this company is interested, than what makes you think that others would not be? Personally, I would try to shop it with some of the bigger players, like Armada, Cold Harbor, etc. What would it hurt?
I do wish you the best of luck bro! You are a cool dude and want to see nothing but success for you.[/quote]
Sorry I think the point has been missed. This is not for my track, this is the deal I have been offered for remixing someone else’s track that I havent even started on yet!
My own track has had about 6 or 7 offers from small labels now so I’m holding out for bigger ones, however on the back of the demos sent, I have been asked to remix someones track on theses terms!
Hope the clears it up
[quote]jon_fisher (06/10/2010)[hr]% usually works like this wayne
sale 100%
beatport/audiojelly take 50%
record label take % or the 50% that was remaining
the artist if lucky gets paid % thats left
the artist although he/she thinks 50% of £1.49 is quite good its realistically speaking nowhere near that level.
in my eyes i would rather take a 2% deal with toolroom than a 500% with 90% of the digital labels.[/quote]
yeah i would agree to this. getting signed for the sake of being signed is not a great strategy.
well Wayne… In the grand scheme of things, if you are gonna get paid to do a remix, then I would tell them to keep the 70% and tell them that you want 50% and a $500 advance. That means that they will have to promote the track to get their money back.
[quote]howiegroove (06/10/2010)[hr]well Wayne… In the grand scheme of things, if you are gonna get paid to do a remix, then I would tell them to keep the 70% and tell them that you want 50% and a $500 advance. That means that they will have to promote the track to get their money back.[/quote]
thats a good shout, I’ll give that a try
[quote]gofunk (06/10/2010)[hr][quote]howiegroove (06/10/2010)[hr]well Wayne… In the grand scheme of things, if you are gonna get paid to do a remix, then I would tell them to keep the 70% and tell them that you want 50% and a $500 advance. That means that they will have to promote the track to get their money back.[/quote]
thats a good shout, I’ll give that a try :)[/quote]
**** dude even tell them you’ll settle for 0% and $500 or £250
asked for 400 euros and 50% as a starting point. I’m a business man at the end of the day and enjoy negotiations - lets hope they have good business acumen and do the same
[quote]gofunk (06/10/2010)[hr]asked for 400 euros and 50% as a starting point. I’m a business man at the end of the day and enjoy negotiations - lets hope they have good business acumen and do the same :)[/quote]
this is were you can see what they have to say, if you get “we are currently unable to offer you any fee” you know they are a bunch of jokers. hopefully they will make you a counter offer.
[quote]All samples of remixes posted to various websites must be within the 2 min/ 96k mandatory allotment or the Remixer will relinquish their rights to royalty payments.[/quote]
that bit stood out for me? never seen that before?