This article uncovers what Nigerian artists need to know before signing a record deal.
First and foremost before signing a record deal or any other contract, Nigerian artists need to make sure they understand EVERY SINGLE THING on the contract they are signing.
However, it is no longer news about contract breaching between artists and record label;
As we have seen in many cases, eg. Kizz Daniel Vs G-Worldwide, Runtown Vs Eric Many Entertainment, Brymo Vs Chocolate city, Vector Vs YSG, May D vs Square Records, Asa vs Question Mark records, Cynthia Morgan vs Jude Okoye, and now the recent Bad Boy Timz.
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There are many record companies out there that are willing to take advantage of young Nigerian artists or those they know will not read over the whole agreement.
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The excitement and happiness of becoming the next Wizkid, Davido, or Burna Boy might cloud the other of the brain and turn you into a ‘yes’ man.
Most Nigerian artists are signed under duress, the pressure of getting to blow or quest to be a star.
It doesn’t matter what you were told, the contract could mean something totally different.
Nigerian artists getting taken advantage of is a pretty common situation that happens in the entertainment industry, a recent statistic reveals.
Entertainment lawyers have numerous similar cases where artists come in to discuss an already signed contract that had so many disadvantages but it is too late.
You do not want this to happen because it could cause you to not make as much money as you should be making or could ruin your career completely as the case may be.
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Things to consider before signing a record deal
Hiring An Entertainment Lawyer
Entertainment lawyers can also help you negotiate or offer suggestions for what else should be in the contract before you sign.
Preferably, they could get you a better deal or could save you from a terrible mistake. They will be your safety guard and make sure everything on your contract is correct and to your liking.
Another importance of using an entertainment lawyer is that they usually have connections in the entertainment industry and could find you a better deal than the one you are about to sign.
How much entertainment lawyers usually cost?
Nigerian entertainment lawyers usually charge a timely fee or a percentage of the money value of your deal…Hourly rates may run from #35,000 and up.
Endeavor to make sure to find out any additional costs and if there is a retainer before settling down with your music attorney.
The cost will also depend if you need them for a particular use or for the long term.