Stay of Execution?

[The Wight Gunner]

I remember a thread a while back which suggested that a get-out might be to give the label first dibs on a reunion package, knowing that it would be in the labels interest to accept the deal as a "most realistic" way to make money, anything else is the dog chasing its tail.  Seems to me a valid escape for all concerned in regards contracts currently active.  But I don't work in the business nor am I a legal eagle either so just a guess.

[GeorgeSteele]

I don't know if they own the songs, I think they might have the right to release album(s).

So I'm assuming as long as they get the amount of minutes to fill an album, that's what they are entitled to. Doesn't matter when the songs were recorded?


Unless there's some kind of "we paid for these recordings" situation...



/jarmo

Yeah, that's probably the case.  Axl is likely bound to the label not just for "Guns N' Roses" recordings, but for anything he creates, whether individually, with another band or through a new band he creates, up to the amount of albums or other releases stated in their contract.  

[bicycle handgrenade]

Any recording made during the duration of the contract is owned by the label.

And Axl personally is obligated to record exclusively for the label, which is why he appears courtesy of the label when making a guest appearance.

There's nothing Axl can do to get out of the contract other than release three more albums.