georgeh678 wrote:
A bloke who went I went to primary school's dad is my teacher. Anyway, his son is in a band now which have got loads of offers from labels. The teacher was pretty vague. He said all the big ones had offered (and he is not a lying type of person) including a £750 grand deal. I personally can't understand the fuss about them. They also have an offer from Island (who are obviously owned by Universal) which I think is the sons favourite and also Radiohead's manager Bryce Edge has apparently offered a deal where he promotes them.
This is all pretty vague and no really facts in there, but do you still think Foals made the right decision to join a minor record label affiliated with a major one? What do you think the best option when signing a record deal nowadays provided you are wanted?
Just so you don't think I'm joking
http://profile.myspace.com/index.cfm?fu ... d=51605440
it's really hard to believe this £750 grand offer for a new band, especially when last few years record labels keep saying they are loosing money because of the illegal downloading etc.
To answer your question, i would say that when you're signing a deal the most important thing should be to keep rights for your songs so that you have the creative control. and then, beware of giving anybody % of your merchandizing? also, try to force them to sign that they will do a good promotion, not just manufacturing and not selling.