Superstar

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Make a comeback with a contract of 433 million (Seven Cats have special science skills). Although the Glory to Death album positioning meeting was interrupted, Henry did not realize it at all. Instead, he took out a dilapidated briefcase behind him. Walked into the room and sat down directly on the edge of the'bed', "This is a preliminary contract, made in accordance with our company's rules and regulations." Henry looked up at Hugo, because Hugo is a subsidiary of International Innovation Management Company. Artists in, are not unfamiliar with the company’s standard contract, “You can read it first and discuss with each other. If there is no problem, we can ask the head office to make changes, and then fax it over to complete the contract.”

The discussion meeting of the band was interrupted, but it was not a major event for the members. They could continue the discussion anytime and anywhere. Now Henry said the situation is indeed urgent.

The contract is a very important thing, you must be cautious. Henry looked at the band members, "You don't have your own lawyer?" What he got was a blank expression, and then he looked at Hugo, "Where are you?"

Hugo has appeared in several movies before, but because of the agent Joseph, he was responsible for sending the contract to the company’s legal department for review, and then reviewing it with Hugo, and finally completing the contract, so he did not hire his own professional. The'door' lawyer. Of course, the real big-name actors will have their own law firm that has always cooperated, so the contract will be ‘handed over’ to the firm to protect their rights, but Hugo has not yet reached this level.

Henry saw the expression of Hugo spreading his hands. He stopped when he was paying for the contract, put the briefcase on the ‘bed’ sheet, and then turned his neck as if he was very tired. In fact, for newcomers, most of them will sign the contract directly when they see the contract. Few people will ask the professionals, if they need help, they will ask the union for help, but Henry knows that glory to death will certainly not be so easy to compromise. of.

"Go, let's find a large law firm to complete this job." Since Henry belongs to the company, the contract in his hand is protected by the company's legal department. What needs to be done now is to find for the band A professional lawyer pays a certain fee, and the lawyer helps the band review the details of the contract, and then complete the final signing. Although Henry seemed to be lazy, he showed a very different speed, ruthlessness, and accuracy in doing things.

As a result, the band came back and stayed for less than half an hour, and then set off again and again toward Manhattan. After finding the law firm, reviewing the terms and details, discussing with Henry, and communicating with the international innovation management company, after all the contract details were confirmed, the five members of the glory to the death signed their names on the contract and formally announced Signed a contract with Henry.

In the next five years, Henry Bloom will become a glorious band manager. solved

After solving the first problem, the next day, Henry spoke with EMI on behalf of Glory to Death and discussed the details of the contract. What is surprising is that EMI did not sign Glory to Death to its independent label. It was signed at the head office of EMI. This contract took Henry five days to bargain and sculpt various details.

In addition to the conditions that have been negotiated before, Henry refused to give up on the value of the contract, hoping to win a larger contract for the band.

No one can predict whether an album will succeed or not. There is a saying in the industry that only five records out of a hundred records can get the gold record sales-that is, 500,000, except Everything else is a failed record. Therefore, it is very difficult for a record to make money, so the record company and the singer must be in line with the division of interests, which is very particular.

Prior to this, Henry had earned 15% of the performance royalties for the band, and 50% of the distribution royalties belonged to Hugo alone. Among the performance royalties, there is the remaining 85%. First of all, it naturally includes the production costs of the album itself, the production costs of the music video, the promotion costs, and the costs of the touring performance. This part of the cost will generally occupy Twenty-five percent.

The second is the advance payment fee, which is the contract value that ordinary people understand. This fee is the cost of living expenses paid by the record company to the singer during the album creation period and the cost of purchasing the album distribution rights of the singer. That is to say, it is usually seen in the news that a certain singer signs a new record company with a high price of 40 million. Such an expense.

After deducting these two parts, the remaining income is divided between the record company and the distribution company, which is pure income.

Therefore, the ratio of cost and advance payment is very important. Record companies must measure the performance of the singer and the expectations of the album, because the increase in the ratio of the two means that their profit margin is bound to be compressed. Similarly, band managers must also fight for more space, more production costs, and more prepayment fees for their bands. This is to protect the band itself, and it is also a struggle for interests.

It is worth mentioning that,

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The band can get 15% of the performance royalties, and the record company will set the bottom line of sales, such as golden records. Only if the sales volume exceeds the 500,000 level of the gold record, the band can get this 15% of the income; otherwise the band will not have any income, and what they can get is the advance fee-this fee is The band was holding it when the contract was signed. The contention for these details can be said to be unyielding. In the end, Henry won a one-million-dollar upfront contract for glory to death, and announced that it was a five-million-dollar contract for two albums. The bottom line of performance royalties is 500,000 sales, and the two albums must be completed within three years. Although this is a huge gap compared to the contracts of tens of millions of top-tier songs, the band owns percent

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The 15 performance royalties are definitely not to be underestimated. It can be said that this has far exceeded the level of newcomers. A million-dollar contract, which is even higher than Hugo’s pay when he took the film "Smell the Fragrance and Meet the "Female", so it can be seen that the speed of short-term profit-grabbing in the recording industry during the golden period is indeed higher than that of movies. Yes, just signing a contract, there are one million dollars to start, even if this one million dollars is the income of two albums in the next three years, it is still very impressive. Of course, the band has five members, and 20% of the advance payment must be ‘drawn’ and paid to the International Innovation Management Company. The remaining part is divided into five and the five people are equally divided. The international innovation management company only "draws" 20% of this amount, and still "draws" 10% of the other projects afterwards. The amount after they "draw" is also the company and the broker. Share, an outstanding broker like Henry, he can get 80%, the company gets 20%; newcomer brokers like Joseph generally get 60%, the company gets the remaining 40%; of course, There are also the most top brokers who use 100% as their commission. The agent took a lot, and he gave a lot of effort. Henry won a contract for glory to death that a newcomer could never get, and he also won the band’s most rare "initiative" when it comes to'fighting' with a large record company. Right", this huge'draw' is still worth the money. After reaching a consensus on the contract issues, the five members of the Glory To Death band signed their names on the contract. In the next three years, they will "sell their bodies" to EMI Records. What will happen after three years? Development depends on the band's achievements in these two albums. While Henry was in the tug of war with EMI Records, the band was still intensively formulating the direction of the album. In the end, Hugo succeeded in persuading the band members to build the album in full compliance with his ideas, but the band still had another dispute over the choice of tracks. In fact, Hugo originally planned to put all of his eleven favorite songs on the album, but "Hollywood is not America ( was created recently. The band did not start practicing at all, and neither Neil nor Fokkin. I think this song should be included in the album. As a result, it led to the dispute between Pedro and Alfonso. Pedro believes that "love is a lie (.. is. a. should be placed on the next album with more punk-style repertoire ~www.wuxiaspot. com~ But Alfonso believes that this song is Hugo's original "responding to Uma" and cannot be missed. Even if Hugo has denied it, everyone still agrees. Alfonso thinks that the electronic style of the song "Strangle the Hero (... is too advanced and should be placed on the next album. This kind of ‘aggressive’ quarrel was finally ended by Hugo’s sentence "All included". Hugo gave the reason that "Even ‘home ()’ is so tender.

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After the contract was completed, the band members announced the good news, "So, we can go to the carnival, you are already millionaires!" "Yeah!" Sweat and tears have been rewarded at this moment, and the path that I have been chasing music dreams all the way is found at this time, my inner joy suddenly burst out, leaving the brain into a blank. Fugin left a brand new day and found his future in glory to death. Alfonso returned to the music road after three years and found an exit. Neal and Pedro's perseverance all the year round finally came to the stage. Hugo, Hugo looked back at his eleven years of faltering and struggling all the way, it is even more difficult to express in a thousand words. The most special thing is, "Glory to Death", the name started from the depths of Chen Hugo's soul and continued in Hugo Lancaster's body, and the light of dreams finally began to shine! (End of this chapter)

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