DYK?
“Most Favored Nations” Clauses
Don’t fret, this is not about international politics.
Did you know that some record deals include “Most Favored Nations” (MFN) clauses, which suggests that if the label offers a better deal to another artist, you’ll receive the same benefits?
Key Takeaway
As an artist, be aware of MFN clauses when negotiating contracts or bagging record deals as this can shield you against fraudulent and ambiguous deals.
Stay creative, stay informed!
