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.

Music 101: The Key To Pronunciation And Accent Reduction
“Without music life would be a mistake”. These are the words of the famous German Philosopher Frederik Nietzsche, and as a specialist in pronunciation and Accent Reduction for non-native English speakers.