Think of a record label as kind of a bank, the contract is a loan essentially. The artist signs a deal for 1 or more albums and is given an advance on payment. They also cover recording costs and other costs the artist may have.
Publisher’s are tasked with promoting their catalog’s songs to recording artists, licensing compositions for use in films, television, advertisements, and other media. monitoring song usage and collecting and distributing royalties to the client
Distributors basically sign deals with label to distribute the music to stores, or other mediums
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