Legal Question in Entertainment Law in Florida

major label buyout contract from independent label

i am signed to an independent label who is shopping for a major to buyout my contract from them. when this happens, i understand that the major will ''advance'' the independent label some money. Will i still get an advance and will the money ''advanced'' to the independent label be deducted from my royalties?


Asked on 8/17/03, 11:29 pm

1 Answer from Attorneys
Alex Nakis Law Offices of Alex Nakis

Re: major label buyout contract from independent label

It depends on several things, but most importantly, your contract with the independent label. Feel free to contact me if you would like to discuss this issue further.

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Answered on 8/18/03, 12:44 am


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