![]() While, at the same time it benefits the girls to stay as well and really own the direction they’re going in rather than litigate themselves out of a deal.”Īnother label source says Epic Records chairman Antonio “L.A.” Reid “Doesn’t ‘let go’ of successful artists - ever. “They’re a huge name on the Epic roster so it makes sense to keep them there and work on another hit album. “They’re in a position to have more creative involvement and really direct where they want their music to go,” the insider offers. ![]() ![]() (The group shared its first official photo as a quartet on Jan. Representatives for Fifth Harmony would not comment beyond affirming that “Epic has in fact exercised their deal option with Fifth Harmony,” but a source in the camp says staying put is a win-win. I would also fight hard to increase the committed money for marketing and promotion, and creative approval.” Adds White: “If it were me, I would want a higher royalty rate I would try to get all of the ancillaries uncrossed and limit the amount of product and length of the contract. According to a source, negotiations are ongoing, with the Fifth Harmony members having already reclaimed ownership of their trademark. “The standard contract is worse than a 360 nightmare,” explains Loeb & Loeb attorney Debra White, who negotiates similar deals for contestants of NBC’s The Voice, adding that a company like the Cowell-founded Syco Entertainment “gets to be the record company, the publisher, the manager, they have a piece of touring and merchandise.” Re-signing allows for a re-evaluation and offers an opportunity to diminish or eliminate terms that seem unfair to an artist who has had hits and brought the label revenue.
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