Now keep in mind that if you have a good music lawyer your situation might not be as bad as what's described in this video, but you could still easily wind up owing money. The good part is the fact that you'll probably be in-demand to play shows, which will bring in additional revenue, but if you've signed a 360 deal, the label will have its hands in your pocket on that too. This can discourage someone who's only in it for the money, but not if you're in it for the music. Which one are you?
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