TortureMeOnReplay 5,880 Posted May 18, 2020 Author Share Posted May 18, 2020 11 minutes ago, NoahSuns said: If only we knew that a month ago:) Well the contract also addresses pandemics in a way. "If because of: act of God; inevitable accident; fire; lockout, strike or other labor dispute; riot or civil commotion; act of public enemy; enactment rule, order or act of any governmental intrumentality (whether federal, state, local or sovereign); failure of technical facilities; failure or delay of transportation facilities; illness or incapacity of any performer or producer; or other cause of a similar or different nature not reasonably within Interscope's control; Interscope is materially hampered in the recording, manufacture, distribution or sale of Records" it is alllowed to pause the album until the contingency is over plus 30 days. If they still do not put out the album after 6 months, Gaga may submit a notice that will allow them 60 days to act. If no action is taken, the contract will be terminated (15.03). Link to post Share on other sites More sharing options...
xoxo Craig 55,649 Posted May 18, 2020 Share Posted May 18, 2020 4 hours ago, justhislife said: Since Gaga's business legal documents have leaked, some have taken a look at some legal work Gaga has. The documents that leaked included Gaga's recording agreement and amendments made since. I've read through the documents. I don't claim to be a lawyer and as such do not claim I am 100% correct with my interpretations of various language in the contract, but here's things I've found interesting in the May 2007 agreement and various amendments. I won't type out what each part says word for word but I will cite where one can find it. All cited information comes from the May 2007 agreement unless cited otherwise. -Gaga initially signed for up to 5 albums (1.02). It is up to Interscope to let Gaga know if they will exercise the right for an additional album within 6 months of the U.S. release date. If Interscope does not give Gaga written notice that they are extending within that 6 month period, Gaga is allowed to request termination via written request. Interscope has 10 days to respond after receipt of the termination request and if there is no response, Gaga is let out of her contract on the 11th day (1.02). -Gaga is obligated to hire and pay her producers unless Interscope hires the producers, in which case it comes out of the production fund and Gaga's royalty rate (2.02a-b). -Gaga may only use songs intended for a specific album it was written for unless Interscope approves otherwise (3.03) -There is an obligation for her to get approval from Interscope before recording any music. She must advise Interscope on the contents of the music before it is recorded (4.01a2). Additionally, this section dictates that Interscope chooses the lengths of her albums. -She is not allowed to begin recording a new album for 5 months after turning in her last album (4.01a3). -Gaga is not required to perform with any other royalty artist, and she may refuse such performance for any reason (4.04). -Gaga does not own her own masters, artwork, or website material (7.01). This part of the contract also states that Gaga gives Interscope power of attorney when it comes to certain works she could be considered "author" of and allows Interscope to trademark her works on her behalf. -When Gaga turns in Album Artwork, she must also provide 2 (or more if mutually agreed) additional artwork designs to be used (7.05). Within this paragraph Interscope also claims the right to merchandise including "t-shirts and other clothing, posters, stickers and novelties". -Interscope has no right or obligation to secure work for Gaga (7A.08). -Gaga must cooperate with Interscope, as it reasonably requests, in photographing and otherwise promoting Gaga (8.02a). -Gaga is consulted for approval on promotional material. She may object and present alternative promotional material that Interscope could approve. If Interscope uses material Gaga objected to, they will put in reasonable effort to "cure such failure", but failure to fix any issues in relation to this will not constitute a breach of contract (8.02b). -Interscope has a right, but no obligation, to release her music (8.03a). This section also states that Vincent Herbert will be credited as an Executive Producer on each album. -Interscope must have Gaga's consent to release outtakes (8.03e). -Gaga must give consent for Interscope to license master recordings for anything other than the direct promotion of Gaga (8.03f). -Interscope must release a turned in album in the U.S. within 120 days of receiving the album. If this is not done, Gaga may request to terminate the contract within 60 days after the 120 day period. Interscope must then release the album within 60 days of receiving this request and this period is referred to as "the Cure period" (8.06a). If the album is not released within the Cure period, Gaga has 60 days in order to send a termination notice that will end the contract. Failure to send a termination notice within 60 days after the Cure Period will waive her right to terminate the agreement for this album period. -Interscope must release each album outside of the U.S. within 120 days of it reaching the Top 50 albums on the Billboard 200 (8.06b1). These territories include Canada, U.K., Australia, New Zealand, and Japan. If Interscope fails to do this, Gaga may invoke an option for her to designate and Interscope approve a licensee to manufacture and distribute the album in those territories. In this case, Gaga will receive 50% of Interscope's entitled royalties for those territories. -Interscope is not obligated to create Covered Videos (8.08). -Interscope and Gaga must agree to the selection of Covered videos (8.08a). Gaga and Interscope agree on a date for the shooting of such videos (8.08b). The producer, director, concept, and script are all mutually agreed upon by Interscope and Gaga (8.08c). -Gaga's royalty rate on a "picture disk" is half the normal royalty rate (9.02c3). -Interscope cannot stop Gaga from completing her commitment without clause (15.02). -Interscope has the right to obtain insurance on Gaga's life (19.02). Artist Inducement Agreement: -Gaga has re-recording rights for songs 5 years after the master is submitted to Interscope and their agreement ends (4). Acquisition Masters: -Beautiful, Dirty, Rich was written and or recorded by Gaga before she signed her agreement. October 2009 Amendment: -The Fame Monster was established to not count towards her commitment albums (2). This was changed with the December 2009 Amendment. December 2009 Amendment: -The Fame Monster does count towards her commitment albums (5a). -If The Fame Monster didn't sell at least 775,000 units in the U.S. by November 24,2011, Interscope would have a 6th album option (5bi). The next album would then also be considered the second album (5bii). August 2010 Amendment: -Interscope changes the amount of album options to 6 (1). -Interscope initially gave album 3 a recording fund of $575,000 to $1,150,000 but changed this to $14,000,000 (2.01). September 2012 Amendment: -Interscope is granted the option to extend the contract to 7 albums (1d). -Again the recording funds were amended, this time giving album 4 a fund of $20,000,000 (2a). June 2014 Amendment: -Cheek to Cheek will not count towards Gaga's album count (1a). -Her royalty rates for Cheek to Cheek were still the "fourth Option Period of the Recording Agreement", or the same rate from ARTPOP (3). January 2017 Amendment: -The recording fund for the fifth album was set for $6,522,418 (1a). -Acting and Cameo Services will be excluded from Other Entertainment Services when it comes to non-record royalties that Interscope collects (3d). So she is contracted for 7 albums? Is that correct? And she doesn't own really anything that she makes... Interscope own all her masters and artwork. I can't believe Interscope have insurance on Gaga's life... she literally signed her life away. Wow. End Racism Now Link to post Share on other sites More sharing options...
Suuus 5,632 Posted May 18, 2020 Share Posted May 18, 2020 35 minutes ago, justhislife said: Because labels generally put a whole lot of resources into developing artist. They finance all her projects and use their connections in order to manufacture, distribute, and promote her work. It's not something she could replicate to scale by herself unless she has deep pockets and that creates a reliance on the label. It doesn't help that Gaga owed them money. It's tragic. Why did she owed them money also she probably payed them back by now Link to post Share on other sites More sharing options...
TortureMeOnReplay 5,880 Posted May 18, 2020 Author Share Posted May 18, 2020 10 minutes ago, xoxo Craig said: So she is contracted for 7 albums? Is that correct? And she doesn't own really anything that she makes... Interscope own all her masters and artwork. I can't believe Interscope have insurance on Gaga's life... she literally signed her life away. Wow. Correct. And yeah labels owning the masters is pretty common. 5 minutes ago, Suuus said: Wtf did she owed them money Yeah, I'm guessing it's due to expenses related to recording the albums or videos as well as touring expenses. Link to post Share on other sites More sharing options...
Suuus 5,632 Posted May 18, 2020 Share Posted May 18, 2020 Just now, justhislife said: Correct. And yeah labels owning the masters is pretty common. Yeah, I'm guessing it's due to expenses related to recording the albums or videos as well as touring expenses. Well she probably payed them back by Now haha Link to post Share on other sites More sharing options...
AJRocketMan 2,684 Posted May 18, 2020 Share Posted May 18, 2020 39 minutes ago, justhislife said: Because labels generally put a whole lot of resources into developing artist. They finance all her projects and use their connections in order to manufacture, distribute, and promote her work. It's not something she could replicate to scale by herself unless she has deep pockets and that creates a reliance on the label. It doesn't help that Gaga owed them money. She owed them money??? Link to post Share on other sites More sharing options...
xoxo Craig 55,649 Posted May 18, 2020 Share Posted May 18, 2020 Just now, justhislife said: Correct. And yeah labels owning the masters is pretty common. I know this, the record labels own all the recordings/masters So Gaga still has one more album after Chromatica before her contract is finished... interesting. Also, she can't reuse scrapped songs for a previous album on a new one... which means the rumour that she reused a Joanne outtake for Chromatica is false... and it unfortunately means that we'll never hear NOBTR or Temple as they were mean for ARTPOP. End Racism Now Link to post Share on other sites More sharing options...
TortureMeOnReplay 5,880 Posted May 18, 2020 Author Share Posted May 18, 2020 2 hours ago, xoxo Craig said: I know this, the record labels own all the recordings/masters So Gaga still has one more album after Chromatica before her contract is finished... interesting. Also, she can't reuse scrapped songs for a previous album on a new one... which means the rumour that she reused a Joanne outtake for Chromatica is false... and it unfortunately means that we'll never hear NOBTR or Temple as they were mean for ARTPOP. Well Interscope could use outtakes apparently. So I think it's more at their discretion than not possible at all. Link to post Share on other sites More sharing options...
LaLa 19,227 Posted May 18, 2020 Share Posted May 18, 2020 2 hours ago, AJRocketMan said: She owed them money??? Watch this to see some of the reasons that might be -- but keep in mind this clip is from a doc Jared Leto made while he was suing his record label so he is quite biased lol. Also, Gaga's advances and profits would be much different than his. Also, I saw a document that Gaga audited her label in 2015 and they ended up owing her money, so it's a constant back and forth. They pay for things she is required to reimburse, but they owe her her share of royalties etc, it's always ongoing. Link to post Share on other sites More sharing options...
DiskoBaby 1,929 Posted May 18, 2020 Share Posted May 18, 2020 When Gaga turns in Album Artwork, she must also provide 2 (or more if mutually agreed) additional artwork designs to be used (7.05). Within this paragraph Interscope also claims the right to merchandise including "t-shirts and other clothing, posters, stickers and novelties". So exactly how terrible were the other artwork she presented that we got stuck with the one for Born This Way Link to post Share on other sites More sharing options...
lgaga1fan 2,305 Posted May 18, 2020 Share Posted May 18, 2020 I just read an interesting memo from 2016 from Sonja and one of Gaga's attorneys. It stated that, in 2012, she renegotiated her contract with Interscope and thus was given $15 million before singing on to record ARTPOP, and the ARTPOP budget was actually $5 million. It also states that LG7/LG8 are considered to be "optional" endeavors and both have a guaranteed recording budget of at least $3 million. Link to post Share on other sites More sharing options...
POPARTHD 7,053 Posted May 18, 2020 Share Posted May 18, 2020 4 minutes ago, DiskoBaby said: When Gaga turns in Album Artwork, she must also provide 2 (or more if mutually agreed) additional artwork designs to be used (7.05). Within this paragraph Interscope also claims the right to merchandise including "t-shirts and other clothing, posters, stickers and novelties". So exactly how terrible were the other artwork she presented that we got stuck with the one for Born This Way Link to post Share on other sites More sharing options...
POPARTHD 7,053 Posted May 18, 2020 Share Posted May 18, 2020 1 minute ago, lgaga1fan said: I just read an interesting memo from 2016 from Sonja and one of Gaga's attorneys. It stated that, in 2012, she renegotiated her contract with Interscope and thus was given $15 million before singing on to record ARTPOP, and the ARTPOP budget was actually $5 million. It also states that LG7/LG8 are considered to be "optional" endeavors and both have a guaranteed recording budget of at least $3 million. 3 million? Half of what Joanne got? Wtf? I know it probably will be more than that, but still... Link to post Share on other sites More sharing options...
Guest Posted May 18, 2020 Share Posted May 18, 2020 The contracts protect both parties, believe me. Link to post Share on other sites More sharing options...
AJRocketMan 2,684 Posted May 18, 2020 Share Posted May 18, 2020 I wanna see Madonna’s Warner Bros contract. Link to post Share on other sites More sharing options...
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