Thursday, September 24, 2009
Where I Am At
So, I've received some questions pertaining to my deal...
So, I thought I'd let everyone know where I'm at. My explanation will contain some technical stuff, but it shouldn't be too hard to understand.
In May, after I left Brash (I asked out of my deal and they granted my request), I immediately started dealing with a major label (Christian major label tied in with a mainstream major label). Negotiations take more time than even I was prepared for. The reason why Idol contestant's signings are negotiated so quickly is that we negotiate for everyone before the season even starts...so once it's time to sign, there are no more negotiations. Brash was a small label, so our negotiations went extremely quickly (less than 2 weeks). So, I wasn't prepared that, when signing with a major, you are dealing with a behemoth that takes forever to do anything. It is seemingly impossible for a large label to do anything quickly because everything has to go through multiple and various channels.
We have the deal negotiated. The thing that we finally hung up on was publishing. My publishing is with Brentwood-benson/Universal (BB/U). The way my deal works, on outside writes I split 50/50 with BB/U (a basic publishing deal). On songs I record, I get 75/25 (called a co-pub). The way the 75/25 works is that I own my writer's share (I can't give that up) and then own half of the publishing share on those songs I record. What the new label is asking for is the share of the publishing that I own, so basically, songs I record instead of being 50/50 would become 50 me/25 BB/U / 25 to the new label.
This is a lot to give up, especially for someone who writes all the songs on their own albums. But after discussing and thinking things through, it's an okay compromise to make: if the major label does what it should, I'll sell WAY more records than if I simply put out a record on my own. It's give and take...so we agreed to that compromise. We actually agreed to that compromise about 7 weeks ago.
The hang up right now is we are figuring out who will account for said monies. The new label doesn't feel like they should have to do it. BB/U doesn't feel like they should have to do it. So, we're stuck between 2 behemoths not budging and have been for way too long. Eventually, someone will budge and the deal will FINALLY be done. We're hoping it's within the next couple of weeks...but we've been hoping for that for a while.
So, the deal is completely done...with the exception of who is accounting for the 25% of songs I record on my album. It's funny the silly things that deals get stuck on. We worked through hundreds of detailed points in a few short weeks and get stuck on something this simple. It is funny, but frustrating. So...hopefully this will be done as soon as possible.
I just wrote the song that I feel like completes the album yesterday. So the songs are ready and rearing to go. So....we'll see when we can finally get in the studio. As far as I know, it'll be as soon as the tour is over...finally.
That's where I am at.