The MFN Clause in a music industry contract specifies that one party must give the other party equal or better terms than the ones they have with any outside party.
The New Formula for Success in the Music Business
The old method of promoting a new act in the music business was for a record company to invest at least $500,000 in studio time with a good producer, the cost of a good video, the advertising budget, and the cost of the first promotional road tour.
