|


















| |

Music Group Breakups
One of the first business matters at hand when a musical group is legally
forming is to take into consideration the legal and financial ramifications of
members leaving the group, joining the band, or, in a worst case scenario,
disbanding. Here are some topics usually covered when a group decides to
formally incorporate their band:
 | Who is the legal owner of the group's name? |
 | What percentage of the group will each member own? |
 | The complete dissolution of the group |
 | Language which may give the record company the unfettered power to treat
all leaving members as leaving members, individual or group |
 | Provisions for the record company to have absolute veto power in the
selection of replacement members |
 | How advances and royalties among old and new members will be divided
equitably |
You have been given the basics and a starting point, go from there!

|