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The Basics of Record Label Royalties

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Manage episode 431398546 series 2363436
Content provided by Other Record Labels. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Other Record Labels or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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

321 episodes

Artwork
iconShare
 
Manage episode 431398546 series 2363436
Content provided by Other Record Labels. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Other Record Labels or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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

321 episodes

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