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A recording contract (commonly called a record contract or record deal) is a legal agreement between a record label and a recording act (artist or group), where the act makes an audio recording (or series of recordings) for the label to sell and promote.
An early recorded five-figure deal in music history was reported by The Music Trades magazine in the late 1910s, made by American composer John Stepan Zamecnik. [4] The 1960s saw contracts with six-figures such as an advance deal for $143,000 to Led Zeppelin (Atlantic Records) in 1968, then the biggest deal of its kind for a new band. [5]
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Alternative Distribution Alliance (ADA) is a music distribution company owned by Warner Music Group, which represents the rights to various independent record labels. [1] ADA provides "independent artist and label partners with access to the resources, relationships and experience required to share their creative vision with a global audience."
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