The artists tried to have the provision repealed in 2002, but the effort stalled in Sacramento. “We must protect artists and modernize this archaic law.” “Streaming has been an unprecedented bonanza for the record labels, but not so for artists,” Azoff said in March. The Music Artists Coalition, led by Irving Azoff, argues that the cost to develop acts has plummeted in the era of TikTok and SoundCloud.
But artists frequently complain about being locked into long-term deals. The labels argue that they take on heavy upfront costs to develop and promote artists, and they need the ability to reap the rewords when they become successful. That means that labels can sign artists to multi-album deals that may extend well past seven years. In 1987, the recording industry obtained a carve-out from the Legislature, which exempted performing artists’ record contracts from the rule. The seven-year rule has a long history in the entertainment industry, dating back to Olivia de Havilland’s lawsuit against Warner Bros. The engagement and passion from the creative community makes it certain that these issues will not go away until there is a solution.” Recording artists must get reprise from one-sided, never-ending agreements, and actors must escape the exclusive holds that keep them from working when they want to work. Although there are two issues, they both reflect an imbalance of power and equity, and one thing remains clear: they must be addressed. In a statement issued on April 18, the groups said: “After many conversations with legislators and our label and studio counterparts, the artists and unions have agreed to bifurcate the two critical issues in AB 2926 (Kalra), the Fair Act.
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