The producer agreement usually occurs between a producer and artist, though sometimes it can form between a label and a producer. The producer is often entitled to a 50% fraction of the label’s net receipts for a given sound recording.
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.
