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.
So You Wanna Make Music and Change The World?
If you want to make music that changes the world, don’t just be the latest kid on the block, the latest rapper in the hood, the latest rocker in the backstreet clubs.
