lilbigblue
New member
Here is the scenario: My friends have received a contract with a producer who will be producing/writing music for my friends to sing and will also act as a manager of sorts to help find the girls some gigs and live performances.
Here's my question: The producers are asking for 50% of everything the girls make. They also state that the girls will be paying for the recording studio time etc, which is standard and not the issue at hand. Is 50% a standard percentage cut for the producer/manager to be taking? Their previous manager was only taking 15%, but that was just a manager and not a producer as well.
Hypothetically speaking, if they had a manager that took 15%, what would the average producer take? Likewise, after the manager and producer, then comes the record label and other backup musicians...
If someone could reply with a standard breakdown of where all the money goes, i would greatly appreciate it. Also, if you have any websites that I could visit to get a better idea i'd appreciate it.
-Ray
Here's my question: The producers are asking for 50% of everything the girls make. They also state that the girls will be paying for the recording studio time etc, which is standard and not the issue at hand. Is 50% a standard percentage cut for the producer/manager to be taking? Their previous manager was only taking 15%, but that was just a manager and not a producer as well.
Hypothetically speaking, if they had a manager that took 15%, what would the average producer take? Likewise, after the manager and producer, then comes the record label and other backup musicians...
If someone could reply with a standard breakdown of where all the money goes, i would greatly appreciate it. Also, if you have any websites that I could visit to get a better idea i'd appreciate it.
-Ray