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Music Technology Policy

News from the Goolag Since 2006 ~ A survival guide to the creative apocalypse: We follow issues and opinion important to professional creators. Data is the new exposure.

Category: how do I calculate recoupment?

Written by Editor CharlieFebruary 13, 2010September 15, 2012

Artist Glossary of Industry Terms–Unrecouped, Recoupable Costs, and Recoupment Rate"

Unrecouped To be “unrecouped” under a recording agreement means that an artist has received an advance but has not yet earned monies equal to that advance. Advances are a prepayment of (or in jargon, “paid against”) revenue streams that are defined in the contract under which the advance is paid—meaning that if a record company […]

Written by Editor CharlieJanuary 2, 2010September 15, 2012

Artist Glossary of Industry Terms–Advance

Artist Glossary of Industry Terms: “Advance” An “advance” is almost always defined as a pre-payment of royalties, whether the advance is paid by record company to an artist, a publisher to a writer or a merchandiser to an artist. An advance is also sometimes called a “minimum guarantee”. Advances in the music industry do not […]

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