Listen "Behind the Music Catalog: Wealth, Royalties & Life Lessons with Entertainment Attorney Uwonda Carter"
Episode Synopsis
Ever wonder what really goes on behind the scenes of those massive music catalog deals?In this powerful conversation on the Thank Me Later Show with Jini, we speak with entertainment attorney Uwonda Carter — whose client roster includes chart-topping artists and major labels. She reveals what REALLY happens behind the scenes of music catalog deals, including how these deals are structured, what kinds of royalties and rights are on the table, and how future earnings from hit records are forecasted and negotiated.We also explore surprising factors that influence catalog sales, like marriage and divorce, and how life decisions intersect with business outcomes. Uwonda shares what it’s like being a woman navigating a male-dominated industry, and the life lessons she's learned from decades of working at the intersection of creativity, commerce, and law.Whether you're an artist, producer, entrepreneur, or simply someone who wants to understand how intellectual property becomes legacy, this episode is packed with real talk, legal gems, and actionable insights.If you tune into this episode of the podcast and apply the tips, I promise that you will #thankmelater! #thankmelatershow #thankmelatermoney #jinithornton #moneycoach #financialexpert #musiccatalogs #musicproducer #recordingartist #entertaimentattorney #musiccatalogdeals #musicroyaltiesSTAY CONNECTED:Connect with Thank Me Later:https://thankmelatermoney.com https://www.instagram.com/tmlmoney https://www.tiktok.com/@tmlmoney Connect with Jini:https://jinithornton.com/https://www.instagram.com/jinithornton https://www.tiktok.com/@jinithornton https://www.linkedin.com/in/jinithornton/ Connect with Uwonda:https://carterwoodard.com/ https://www.instagram.com/uwondacarter/ https://www.linkedin.com/in/uwonda-carter-81b78467/ ______RESOURCES: Join the TML Community: https://www.thankmelatermoney.com Check out the Entertainment Industry podcast series: https://youtube.com/playlist?list=PLMZGn9VLVoiDjx4xOiX_BrsHmDlJFhIPd&si=WmHGglN9hJx_D__D _____TIMESTAMPS:4:34 - How Uwonda got started in the entertainment industry 12:12 - How to find a lawyer before singing a deal (and how Uwonda started working with Lil Yachty)16:07 - What does it mean when an artist sells their music catalog?19:58 - The different types of catalogs and royalties 26:43 - Imagine a catalog deal upwards to $50 Million!28:11 - Did you know future earnings from records can be included in music catalog deals 30:02 - What it feels like to sit at the table when deals are being made 34:18 - Advising against a catalog sale 36:05 - An average advance for a producer in 202543:16 - How working in the entertainment industry changed how she sees fame, money, and success?51:32 - Being ready for a windfall of money56:19 - Being a woman in the entertainment industry1:08:32 - How marriages and divorces play a part in catalog sales
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