points?

Discussion in 'Lounge' started by citrusburst, Feb 17, 2006.

  1. citrusburst

    citrusburst Member

    Joined:
    Jun 9, 2004
    Hey There,

    When people talk about a producer getting "$50,000 plus 10 points", what does that mean? What are points, and how do they work?

    Thanks so much!

    Jed
     
  2. pr0gr4m

    pr0gr4m Well-Known Member

    Joined:
    Feb 9, 2005
    Location:
    South Florida
    Home Page:
    A point is a percentage point of the price of the album. Points are sort of an incentive for a producer to do good work. The better they do, the more the record will sell and the more the producer will make.

    I just got finished my first deal with a band and I'm getting 2 points! WooHoo.
     
  3. citrusburst

    citrusburst Member

    Joined:
    Jun 9, 2004
    Hi Program,

    Thanks very much for the reply. And, mazel tov on the band deal!

    Two more questions, if you don't mind:

    1) Is money from points generally awarded pre or post breakeven (for the album financiers)?

    2) Is the "price of the album" the actual retail sam-goody price, or the wholesale price from the distributor?

    Thanks again.

    Best,
    Jed
     
Similar Threads
  1. Darren@dixondigital.com
    Replies:
    4
    Views:
    3,731
  2. Eddie
    Replies:
    3
    Views:
    3,061
  3. dirtysouthstunta
    Replies:
    1
    Views:
    1,083
Loading...

Share This Page