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The Basics of Record Label Royalties

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Manage episode 431398546 series 2363436
Indhold leveret af Other Record Labels. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Other Record Labels eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode, we delve into the fundamentals of record label accounting, crucial for indie label owners. We cover the royalty formula (Income - Expenses x Artist Share = Royalty), essential terminology (income, expenses, advances, profit, artist share), and how royalties are typically split, with an emphasis on common 50/50 splits.

We'll also discuss best practices for calculating and paying royalties, including the importance of transparency and the tools to use, such as software and spreadsheets. Learn how to start your record label on the right foot with clear financial management practices.

Learn More: http://otherrecordlabels.com/royalties

Presented by Hellbender Vinyl - http://hellbendervinyl.com

  continue reading

323 episoder

Artwork
iconDel
 
Manage episode 431398546 series 2363436
Indhold leveret af Other Record Labels. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Other Record Labels eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode, we delve into the fundamentals of record label accounting, crucial for indie label owners. We cover the royalty formula (Income - Expenses x Artist Share = Royalty), essential terminology (income, expenses, advances, profit, artist share), and how royalties are typically split, with an emphasis on common 50/50 splits.

We'll also discuss best practices for calculating and paying royalties, including the importance of transparency and the tools to use, such as software and spreadsheets. Learn how to start your record label on the right foot with clear financial management practices.

Learn More: http://otherrecordlabels.com/royalties

Presented by Hellbender Vinyl - http://hellbendervinyl.com

  continue reading

323 episoder

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