You make an offer to buy a house. The seller accepts your offer, and before you know it you are living in a beautiful home with whomever you chose. Of course not everyone can pay for a home all at once, so you choose to pay over a fixed amount of time. After several years of making payments, you finally OWN the home. It has been paid off and you are the OWNER of the home now.
Why does this relate to music? Think about this:
You gotten signed to a record deal and have been advanced money to record an album. You spend several months, holed up in a studio with a great engineer and producer. Before you know it, you have a great record...one that the label thinks is a masterpiece. You go through all the work of marketing and promoting and finally the album comes out to rave reviews and incredible sales. Naturally, the money that was advanced to you by the label to record the album must be recouped. So they start taking money of the artist royalties before you see a dime. Fine, it's the nature of the beast. Then comes the glorious day that the expenses have been recouped in full. But wait a minute, what do I have now? Sure I'm getting artist royalties, performance royalties, one of your songs is about to be used in a movie, but you're still missing something. What is it? YOUR MASTERS!!! You went through the tough creative process, recorded the album on top of dealing with what goes on besides your music career, you did press tours, played shows, paid back the expenses and advances...yet you don't own your masters? You created it, why shouldn't you?
You see it's not like when you buy the house you pay the previous owner full price only to not own the home. YOU OWN THE HOME REGARDLESS OF PREVIOUS OWNERSHIP OR INVESTMENTS MADE TO THE HOUSE! Hardwood floors...you own them. Granite tile in the kitchen...you own it. Jacuzzi-tub in the master bath...you own it. Beautiful patio area...it's yours.
So why don't you own the masters? You wrote the songs, you recorded the tracks, you dialed in the guitar tones, you took take after take, you sang the lyrics, and you finally paid back the expenses. And yet after all that you don't own you masters? Sounds like a screw job to me.
In my opinion, if I did the vast majority of the work and payed the money back...those songs and recordings ARE MINE! No CEO in an office with the gold nameplate, Mercedes SL500, and the huge salary had anything to do with what I created. Why should the bigwig own MY creations? I have a BIG problem with that.
Does anybody else agree? Or maybe you disagree?
Until next time,
Sean Johnson
