The Watershed
4.0 The Watershed
Most recording contracts contain the potential for the artist to earn a great deal of money. It is a dreary task to argue about reduced royalties on budget sales and the like, when the artist is only concerned with getting signed and into the studio, and when recoupment is an alien concept. But there is no point in approaching negotiations over any new recording contract on the assumption that the artist will not be successful. Sooner or later, if enough records are sold, the artist will recoup. This is the “watershed”, when royalties come gushing through. Suddenly, all those boring provisions have real and dramatic impact. The unfair terms which might with greater effort have been avoided will now stand out and mock the artist and his advisers.