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How does selling a song to a record label effect the artist?

RoscoeB	Date: January 12, 2006 @ 2:11 PM I've often wondered what happens to the artists rights when a song is sold and what does he get for it. I'm sure that somone on this forum has sold a song - right? Let's say that Nashville, Motown (or somebody) likes your song and "buys it from you". What are they buying? Are you selling the copyright to that song? What are you giving up? Do you get royalties when it's recorded by another artist? How much would a song sell for ($10, $100, $1000, $10000)? How does all that stuff work?
kingo	Date: January 12, 2006 @ 2:46 PM If you sell the copyright you don't get shit after the initial selling cost. The copyright holder gets the royalties. Or it's possible that everything I just said came directly out of my ass.
RoscoeB	Date: January 12, 2006 @ 3:02 PM I'm sure that every situation is different and most artists would opt to keep ownership. That's why I was asking. What's the "average" deal like?
K3VIN	Date: January 12, 2006 @ 3:21 PM hears a true story... when i was young my mom was in a band making songs... they made a song and soem record company or something (idk the exact details) said it was catchy and could sell... my mom thoguht they should sell the song, the others said they didn't want to "sell themselves out" and stuff... they all lived with their parents etc. each one proposed to my mom lmao!!! (this was before she got remarried) newayz i can't answer ur question but it kinda connects
Fraser	Date: January 12, 2006 @ 5:42 PM ...No... I dont think it does...

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