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RECORD COMPANIES

They work with artists.

You assign a % of your sales for a period of time to the record company whose goal is to sell your music though marketing & promotion campaigns. Their revenue is based on the sale of the record.

The record company will give you an advance when you sign a deal (single, album), which is usually recoupable against your royalties.

In other words a record company lends you some money which they take back when you start selling.

However if you don't sell the advance is non-returnable to the record company.







RECORD COMPANY INFORMATION
THE BRITISH LIBRARY

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BPI
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