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Advances & royalties

Advances & royalties: An Insider's Guide to Today's Music Biz: 7 Record Labels
Advances & royalties: An Insider's Guide to Today's Music Biz: 7 Record Labels

Once you’ve made a deal, the label will typically pay the artist a cash advance against your future royalties. In addition to the advance the record company will pay you a royalty for every record sold as well. What rate you get will depend on your leverage when you negotiate that deal. We'll also cover Royalty Math. In practice, trying to calculate royalties often feels like a game of hide and seek.

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Skill Level Beginner
54m 55s
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Skills covered in this course
Audio + Music Music Business

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