riggler
Well-known member
Would this work?
Make agreement with studio and label:
LABEL -- You screwed us by backing out of the recording costs commitment. So we want our music rights back.
STUDIO -- We can't pay you money for recording, but we will give you a percentage of all sales from the album.
What you negotiate is what percentage the label no longer takes from the album's success, and the percentage the studio gets from the profits.
Make agreement with studio and label:
LABEL -- You screwed us by backing out of the recording costs commitment. So we want our music rights back.
STUDIO -- We can't pay you money for recording, but we will give you a percentage of all sales from the album.
What you negotiate is what percentage the label no longer takes from the album's success, and the percentage the studio gets from the profits.