the fun parts of music making.
I have some specific questions about music rights management, if any of you have any knowledge on this.
what is the best legal construction to achieve me having the full, sole, exclusive and unlimited license to a piece of instrumental music to be able to record several vocalists over, creating several songs on this instrumental music, while at the same time giving the creator/performer of the instrumental music an equal share in the profits of all income derived from these recordings?
a work for hire / flat fee contract with the creator of the instrumental, which also stipulates a revenue share percentage?
or a percentage split of the master ownership, say 50% for the vocalist on every individual recording, 25% for myself and 25% for the creator of the instrumental, with the express agreement that I solely own the exclusive license to the resulting songs and the initial instrumental?
question being, does me giving up so called master percentage higher than my own, ‘front end earnings’, proclude me from owning the exclusive license at the same time? is there an implied or explicit relationship between percentage ownership of the master recording and the ‘deciding power’ on how and where to exploit the music in the marketplace? is it enough to specify this exclusive license in the same contract, or is there a contradiction there, that could cause problems in the future?