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EddieZilker
This is the dance.

Registered: Jan 2009
Location: Marijuana Sex Camp
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Don't sign anything without talking to an entertainment lawyer, first. I'm not as concerned with the parts of the contract that you did show me as I would be with the parts not disclosed. That said, you probably shouldn't sign a contract with that indemnity clause, which is probably going to be found in any first contract a label would send you.
Also, 50% sounds like a lot, but it really isn't that much, unless you're selling a lot of records. Even though it seems like they made an open declaration on profits, how much operating costs infringe on their profit margin could mean that they're only splitting 50% of total revenues after Costs of Goods Sold, taxes, and other operating expenses "attributable" to your work have been deducted.
Did you check for a web-presence on Audiojelly or Beatport? It seems like you did a fair amount of research work, trying to find them as an established label, and what you found was, at best, a fledgling label having trouble running their web-site. The fact that you're not convinced about the song's quality sounds like they could have just been spamming sound-cloud accounts to see who will bite.
Go with your gut on this, dude. Don't sign anything. Even if it's not fishy, it still sounds like they don't know what they're doing and that could fuck you, too.
FWIW, I'd love to have a copy of that contract to look at, myself. I'm not a lawyer but I'd like to see the standard fare of what an artist can expect to be encountered with, as he or she signs with a label. PM me if you can send me a copy but I quite understand, if you can't.
___________________

Now with extra singles!
my old stuff, not quite up to snuff - but I still dig it - UPDATED 9/23/2012
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Aug-29-2011 02:33
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Andyman3k
tranceaddict in training
Registered: Aug 2011
Location: California
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Thanks for the feedback guys, it helps me in my decision making
EddieZilker: PM sent
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Aug-29-2011 03:41
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trancedanne
Supreme tranceaddict
Registered: Jul 2004
Location: Lidingö, Sweden
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| quote: | Originally posted by Adam420
Why would you want to release on a shitty unknown label anyway? If that's the only kind of label that you can manage to have your track signed to, the track is probably not worth releasing in the first place. |
You read my mind
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Aug-29-2011 16:37
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