Jay-Z - I own my own masters no I'm not missing no royalty statements
Your master is the original copy of an recording. This is what all copies are ultimately duplicated from. Majority of major record labels will make sure that this is one of the first acquisitions they will make the effort to own. Most of them will own the master in negotiating as part of an agreement. Typically there is no standard about who receives these rights. Speak with an entertainment lawyer about the specifics and the importance of your masters. Especially in regards to signing a contractual agreement. Most major labels understand the power and importance of the master so they will make a rapacious effort for the acquisition of such compositions. Unless you I like that guy above smoking the cigar this can become difficult for some. You see the master copy gives you control of what you do with it in the future. So they understand the master is very resourceful and they make sure they do there due diligence to acquire it.
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