This document summarizes key aspects of recording contracts and royalty structures for artists based on union agreements. It covers details for artists represented by AFTRA and AFM, including standard payment scales, health and retirement contributions, requirements around acquired masters, new uses of recordings, and special payments funds. It also outlines typical terms for major label recording contracts regarding things like recording commitments, royalty rates, production budgets, creative control, promotion commitments, recoupment of expenses, ownership of masters, publishing rights, video usage, auditing, and definitions of default.