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5min chapter
What Music Can Learn From The Comedy Industry
The New Music Business with Ari Herstand
Do 200 Thousand Dollars for a 100 Thousand Dollar Advance Make Cents?
In music, the artist only gets to pay down their account based on their royalty amount. So essentially, 200 thousand dollars needs to come in for me to start earning another dollar after you paid me a hundred thousand. The licensing side is very different from quoton qot the sales side, which is now reams. It really does come down to, when i manager, i saw how dumb a lot of the deals were and how they were designed to piss off the artist in success. I am so anal about this topic, about communicating effectively the bad news up front,. cause i am so concerned with that three ama chatter at thet the cellar.
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