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I believe I had received the same contract. bryank, were they only clarifying language in this contract, or did they amend the document to reflect these clarifications?
Just to be polite, I understand that it’s a newly drafted contract, but the language throughout the whole document was incredibly dubious. Essentially, the contract (as currently written) is on giant multiple loop-hole situation in which you could potentially make nothing from a track that is actually selling, lose all of your backend, AND continue to provide creative and logistical support for said track for free…in perpetuity. The tone throughout the document was very negative and bullying. A contract should read factual, and informative.
I do believe them to be the same thing, in principle. There are numerous sites out there that will have you pay a fee for the ‘top dogs’ to listen to your work. It wouldn’t be surprising if many people have gotten success and placements from this. The problem is the general business practice, and how nebulous it is. Of course there is always risk, chance, and a general throw of the dice with any venture, especially when you’re trying to sell something. But with the mentioned practices, there are no metrics, behaviors, patterns, etc. to be measured – at least by the investor (you!). There’s no concrete data. You have more control over your success running a mall kiosk.
Admittedly, I can’t lay any huge experiential claim to this, but it seems logical.