Good luck with that if you're a new artist looking at a deal. The label will just say "No" and move on.
Artists need exceptional leverage to negotiate a licensing deal instead of a buy out with a reversion option. Most new artists don't have that.
While HN is stuck on its usual obsession with copyright, the reality is the entire ecosystem is bad.
Labels and distributors have the best of all possible worlds. They used to invest in artist development. Now they don't. Most spend very little on promotion, except for household name headliners who are guaranteed earners. Some demand 360 deals where they get a share of all income - sales, plays, touring, and so on.
They're giant corporations run by MBAs whose existence is entirely parasitic.