The Basics of Record Label Royalties

from Other Record Labels · host Other Record Labels

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

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This episode is 23 minutes long.

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This episode was published on July 30, 2024.

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