A new version of a song that is inspired by an original work. 360 Deals are exclusive recording artist contracts that allow a record label to receive a percentage of the earnings from ALL of an artists activities rather than just album sales. Under this type of contract, the label will collect a percentage of multiple revenue streams, such as publishing royalties, live concert fees, merchandise sales, endorsement deals, book and movie deals, ringtones, private copying levy royalties, etc.
