Record Labels Trying to Prevent 'Taylor's Version' Re-Recording Scenarios With New Artists, Lawyers Reveal
justjared.comTaylor Swift is having a very successful streak with her “Taylor’s Version” re-recordings, which began following a showdown with Scooter Braun and her old record label regarding the sales of her masters.
In a new report on Monday (October 30), Billboard revealed that the major labels, Universal Music Group, Sony Music Entertainment and Warner Music Group, have recently revised contracts for new signees, according to top music attorneys.
In some of the contracts, labels are demanding 10, 15 or even 30 years to re-record releases after leaving their companies. Keep reading to find out more… “The first time I saw it, I tried to get rid of it entirely,” Josh Karp, a veteran attorney, said of new UMG contracts that he’s seen. “I was just like, ‘What is this?
This is strange. Why would we agree to further restrictions than we’ve agreed to in the past with the same label?’” Previously, standard major-label recording contracts stated that artists had to wait for either five to seven years from the release date of the original, or two years after the contract expired.
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