A 50/50 Deal is an agreement signed by the artist with a producer in which the producer agrees to produce one or more albums with the artist. These deals typically give the producer 100% ownership of the master recordings, and can seem predatory in nature when an up-and-coming artist gets trapped in one for several albums. The agreements give the label and artist an even split of song royalties while the producer retains ownership of the recordings. In a 50/50 Deal, there usually isn’t any advance, but everything is negotiable.