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recent example is the Fiona Apple situation, and that one has a "happy" (?) ending (not really considering the toll) - most do not.
i have seen major bands destroyed by signing record deals
forget about a+r -
make great music - get your own buzz going - make them come to you - get a great lawyer - make the deal on your own terms
learn from rap artists who have become entrepeneurs
read Frank Zappa's book
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