Hi guys,
I recently had a record label offer for album release, marketing, promotion, mastering ( within their source, that is mainly hip hop based), EPK. They are asking an upfront fee of 220 pounds to cover administration fees, mastering, etc. And the contract for a year that says i keep 80% of royalties and all rights.
What is your experience? Do you believe that an upfront fee is a norm?
My concern is that why i should pay a fee if they keep 20% of royalties, they wont provide venues to perform live so its all down to me, the studio time and video making has got a separate cost. Your thoughts on that please.
Thabk you.
Best Regards,
Slava B.