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Post by Deleted on Apr 1, 2015 15:36:46 GMT -5
As a quick addition, i've just realised that the reason why i was thinking laterally about it was going back to Andy's comments about Astronaut - where i'm pretty sure he'd said in his book that the sales of that were only about at the point of paying back the advance...
...whilst they'd done the corporate gigs in 2006 to pay back money for the studio time for Reportage/RCM as things had gotten completely out of hand with them.
(which is, i assume, why Duran have been doing more corporate gigs over the last years to fund DD14)
Yeah, so on one hand, 'if' the new album sales don't cover whatever advance they've gotten, they then have to pay back any money out of the tour profits & will need to do x amount of gigs to just break even...
...& hence 'a' solution might have been to renegotiate their share of the early contracts &/or give Warner a %age on the tour.
Anyway, as said, it's all theoretical, but that's where it was coming from.
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Post by Deleted on Apr 2, 2015 11:09:29 GMT -5
So when DD decided to pay back all the funding for both Astronaut & RCM it would surely make sense they own the stuff by now. As I remember the Sony deal was 4 albums and only 2 were realized. I suppose they bailed out of the deal and released AYNIN on their own label instead with the physical release funded by the deal with Apple. Makes perfect sense like this...
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Post by Deleted on Apr 2, 2015 11:35:58 GMT -5
So when DD decided to pay back all the funding for both Astronaut & RCM it would surely make sense they own the stuff by now. As I remember the Sony deal was 4 albums and only 2 were realized. I suppose they bailed out of the deal and released AYNIN on their own label instead with the physical release funded by the deal with Apple. Makes perfect sense like this... No, that's simply not how it works... An advance is basically an upfront loan - nothing at all to do with who owns the performance rights... ...& the advance usually has to pay for the videos & can include any advertising & promotional events booking costs & the recording/mixing of the album(s) in the deal & allsorts. This is the same whether it's an advance for music or books or whatever - & is about the company showing a commitment to the artist/author/etc - & paying back the advance does not change who owns the rights in any way at all. Well, otherwise Duran would own the full performance rights to (at least) DD though to (probably) BT & TWA... ...& obviously they don't as EMi obviously had a large %age of all of them, which Warner now owns. [Edit] i'm not saying that this is the best article explaining how an advance works, but it's the best one from a two minute google search - www.techdirt.com/articles/20100712/23482610186.shtml
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