Net Receipts refer to the royalties earned by the record label that are solely attributable to the Masters minus all expenses incurred by the label. In the case of publishing deals, net receipts can also refer to royalties earned by the publisher and owed to the songwriter minus incurred expenses.
The Evolution Of The Electric Guitar
The first electric guitars were made in the 1930’s in response to a demand from guitarists in bands whose rhythmic stylings could not be heard above the other instruments.
