Music Glossary: advance

Upfront payment against future royalties. Recoupable per contract terms; no additional royalties are paid until recoupment is met. more

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Upfront payment recouped from your royalties before you receive net income. Understand cross-collateralization. more

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Send stage plots, input lists, RF plan, and rider notes well before load-in. more

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Upfront payment from a distributor recouped from your future royalties; watch term length and recoup clauses. more

Label advances recouped from royalties before artist payout; understand recoupables. more

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