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Everything you want to know about German music law, European copyright law and international law.
The record company licenses the band to a label/ producer/ artist.
In most cases, a chargeable advance on the expected license income is paid.
The record company has no artistic co-determination in the recordings.
The exploitation period and contract territory are usually limited.
You can find a sample contract of a tape transfer contract here.
Unlike physical property, intellectual property does not involve the acquisition of rights in good faith (Gutgläubiger Rechteerwerb).
The consequence of this is that a label/sound recording producer can have the existence of the rights chain secured by the producer with corresponding artist letters (artist insurances).