Episode 34 • • 57:36 - 1:01:23
34: 200 Dollar Oil
Music Industry Royalties, Force Majeure, Contract Folklore
The complexity of music industry contracts is illustrated by a duet agreement involving a 5% retail royalty after various deductions. The discussion shifts to the "folklore" of legal documents, where contracts are frequently shared and modified. Examples include the development of specific "force majeure" clauses for public speaking engagements and the settlement agreement between Adam Curry and MTV.