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	Below is my Royalty Calculator. Just select the particulars. The industry standards for a first deal have been clicked for you. When you are done customizing your deal, click on "calculate." The slot at the bottom will reveal how much is made on each actual sale and how many sales one will have to make before the record company begins paying royalties. See the hints page for how much the Advance should be, as well as the other variables. Keep in mind that the major label accounting is very complex.
	(All the complete formulas behind these buttons are printed in Confessions, page 55)

			Advance (type amount)    Retail Price of Record $8.98 $9.98 $10.98 $11.98 $12.98 $13.98 $14.98 $15.98 $16.98 $17.98 $18.98   Royalty 10% 11% 12% 13% 14% 15% 17% 18%   How much the company spends in promotion (video, posters, etc) $0 (nothing) $25,000 $50,000 $75,000 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,100,000 $1,200,000 $1,300,000 $1,400,000 $1,500,000 $1,600,000 $1,700,000 $1,800,000 $1,900,000 $2,000,000 $2,100,000 $2,200,000 $2,300,000 $2,400,000 $2,500,000   Producer payout:     Royalty 1% 3% 4% 5%   Producer paid from record one yes no   Label deductions:     Packaging deduction none 18% 23.75% 25%   Breakage 20% 10% none     Percent of sales Royalty is calculated on 80% 85% 90% 100%         1     Producer's Royalty:   How much you make per record:     How many records you have to sell to break even:   The answers above are only "estimates".

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