The concept of recoupment allows the record label to apply artist royalties against the advance until the royalties equal or “recoup” the advance. Recoupment can also occur in publishing agreements in which a songwriter receives a recoupable advance.
Succeed In the Music Biz by Planning Your Success
Getting a record deal can be easy to do with proper planning. There are many experienced professionals in the music biz who will tell you that the music biz is all business. I agree. With any business, proper planning is the key to success in the music biz. This article describes some simple steps to plan your success.
