Deal Making on Music Row, Part 4: Is the Traditional Recording Agreement Unconscionable?
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Deal Making on Music Row, Part 4: Is the Traditional Recording Agreement Unconscionable?
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In this of Music Row Dealmakers, from composing to closing - the first of Season 2 - your hosts Barry Shrum & Dennis Disney discuss whether certain terms of the traditional recording agreement are unconscionable. The doctrine of unconscionability is a contract law doctrine that states that a contract can be considered invalid if it is "shocking or unfair" in its wording or application. They explore the definition of unconscionability and how it applies to recording contracts, particularly in terms of leverage and bargaining power between the artist and the label. They also discuss the options an artist has if they feel they are in an unfair position when signing a recording
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