Wednesday 8 January 2014

The jilts


The Jilts: 

The Deal:
6 album deal

Royalties:
  • Starts at 2% for every record sold in Stores.
  • 1.50% for every album sold on iTunes.
  • 0.5% for every song sold on iTunes.
  • Bonus 0.05% for every song, written by themselves, if it turns out 10,000 sales.
  • Bonus 3.5% if a song makes it into the Top 50 and 2.25% if the song makes it to Top 1000.
Royalties can and will be reduced if the band does not turn up to work or doesn't take it seriously.
You will not get payed until the advance has been met.

Advance:
The band will receive a £20,000 advance, however they will not begin receiving royalties until the same £20,000 advance has been met trough album sales

Reserve Against Returns:
Unsold stock can be returned for 50%. ANY returned stock will require a 0.1% fee from the band to partially reimburse the company for their loss.

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