The practice has become all too common.
:"v v tired of this industry clipping the wings of talented people of color and driving them to LOSE CONFIDENCE in what got them here in the first place. it's not cool, and something needs to give." In solidarity, Shura tweeted:"I'm so over this being even remotely legal to do to artists." Shura also noted that exploitative practices aren't exclusively a major label problem:"I've signed to a major label. I've signed to an indie.
I asked Jonathan Larr, entertainment attorney at Icarus Law and a former artist manager, to shed some light. He said that Raye's situation isn't something he's seen before:"It defies common sense. Why would a label hold onto an artist that wasn't doing well enough for them to release an album? One way that I can tell that this isn't common is that this situation isn't mentioned in standard major label deal language.
So what recourse do artists have, if they find themselves in this situation?"One solution is a buy-out. The artist can buy out the contract for 115% or so of their advance, and end the contract whenever they want." This is obviously an expensive course of action, and one that may not have been available to Raye. Raye has a four-album deal , and over the course of her seven years at Polydor, she has probably accrued debt to her label through making music videos and studio time.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Arkansas Children's hospitals report record high number of children hospitalized with Covid-19Arkansas Children's hospitals report a record number of children are hospitalized with Covid-19 as the illness continues to prey upon the state's unvaccinated population.
Read more »
Volkswagen posts record first-half earnings and raises profit margin targetVolkswagen posted record first-half earnings on Thursday while also raising its target for profit margin.
Read more »
Patrick Mahomes rookie card sells for NFL record $4.3 million“This is one of the most desirable and important modern day trading card assets in our entire market and is the most sought-after Patrick Mahomes card on the planet,” Jesse Craig, Director of Business Development at PWCC Marketplace said.
Read more »
Tokyo reports record number of COVID-19 cases as Olympic Games continueTokyo reported record numbers of new COVID-19 cases for the second day in a row.
Read more »
American Caeleb Dressel sets swim Olympic record in TokyoAmerican Caeleb Dressel set a new Olympic record in the 100-meter freestyle at the Tokyo2020 Games.
Read more »