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 Magic of Song Writing
Like all great musicians, great songwriters are probably born, not made. No tutor, no book, no course, can make you write songs that embed themselves in the memory of a generation.
