The other day I pulled an old recording contract from storage, which was signed in 1979 by my former artist client. A production company, jointly owned by the artist and his manager, had assigned righ

The other day I pulled an old recording contract from storage, which was signed in 1979 by my former artist client. A production company, jointly owned by the artist and his manager, had assigned rights in the artist's recordings to the label. A lawyer who represented both artist and manager at the time purportedly created the production company¿and structured the record deal that way¿for tax purposes.