The comeback 433 million contract (Seven Cats has special science skills) Although he interrupted the album positioning meeting of Glory to Death, Henry was not conscious at all, but took out a worn-out briefcase behind him, Shi Shiran walked into the room and sat down directly on the edge of the 'bed', "This is a preliminary contract, formulated in accordance with our company's rules and regulations," Henry glanced up at Hugo, because Hugo is an artist under the International Innovation Management Company, and he is no stranger to the company's standard contract," You can read it first, discuss it with each other, and if there is no problem, we can ask the head office to make changes, and then fax it over to complete the contract. ”

The band's discussion meeting was interrupted, but it was not a big deal for the members, they could continue the discussion whenever and wherever they wanted, and now the situation that Henry was talking about was indeed more urgent.

The contract is a very important matter, and it must be done carefully, Henry looked at the band members, "You don't have your own lawyer, do you?" What he got was a blank expression, and then he looked at Hugo again, "What about you?" ”

Hugo had already starred in several movies before, but because of Joseph's agent, he was responsible for sending the contract to the company's legal department for review, and then showing Hugo to see it, and finally completing the signing, so he did not hire his own professional lawyer. Of course, real big-name actors will have their own law firms that they have always worked with, so the contract will be 'handed over' to the firm to protect their rights and interests, but Hugo has not yet reached this level.

Henry saw Hugo's expression on his hands, and he stopped when he was pulling out the contract, put the briefcase on the 'bed' sheet, and then turned his neck as if he was very tired. In fact, for newcomers, most of them sign the contract directly when they see it, and few people will ask professionals, and if they need help, they will ask the union for help, but Henry knows that glory to death will definitely not compromise so lightly.

"Let's find a big law firm to do the job." Since Henry is affiliated with the company, the contract in his hand is protected by the company's legal department, and what needs to be done now is to find a professional lawyer for the band, pay a certain fee, and the lawyer will help the band review the details of the contract, and then complete the final signing. Although Henry seems to be lazy all the time, he shows a very different kind of speed, ruthlessness, and accuracy when it comes to doing things.

So, the band came back for less than half an hour, and then set off for Manhattan again. After finding a law firm, reviewing the details of the terms, consulting with Henry, communicating with the international innovation management company, and all the details of the contract were confirmed, the five members of Glory to Death signed their names on the contract, officially announcing the completion of the contract with Henry.

Over the next five years, Henry Bloom became the band's manager to the death. Solved

After solving the first problem, the next day, Henry negotiated the details of the contract with EMI Records on behalf of Glory to Death, and surprisingly, EMI Records did not sign Glory to Death to its independent label, but signed it with the head office of EMI, and this contract consumed Henry for up to five days to bargain and carve out various details.

In addition to the terms that had already been agreed, Henry was uncompromising on the value of the contract, hoping to secure a bigger contract for the band.

No one can predict whether an album will succeed or not, and there is a saying in the industry that only five out of a hundred records will make gold sales - that's half a million copies, and all of them will be failures. Therefore, it is very difficult for a record to make money, so the record company and the singer must be in line with the sharing of interests, which is very particular.

Prior to this, Henry had earned 15 percent of the band's performance royalties, and 50 percent of the distribution royalties belonged to Hugo alone. Among the performance royalties, there is still 85% left, first of all, it naturally includes the production cost of the album itself, the cost of music video production, the cost of promotion and publicity, and the cost of touring, which generally accounts for 25%.

The second is the upfront fee, which is what the average person knows about the value of the contract. This fee is the living expenses paid by the record company to the singer during the creation of the album, as well as the cost of buying the singer's album distribution rights, that is, it is usually seen on the news that a certain singer signed a new record company at a high price of 40 million, which is such an expense.

After deducting these two parts, the rest of the income is divided between the record company and the distribution company, which is pure income.

Therefore, the ratio of cost and prepayment is very important, and record companies must measure according to the strength of the singer and the expectations of the album, because the increase in the proportion of the two means that their profit margins are bound to be compressed. In the same way, the band manager must also fight for more space for his band, more production fees, and more advance payment fees, which is the protection of the band itself and the competition of interests.

It is worth mentioning that

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Bands can get 15 percent of the performance royalties, and record companies will set a sales floor, such as gold records. Only when the sales exceed the 500,000 level of the golden record can the band get this 15% of the income; Otherwise, the band won't get a penny, and all they get is an upfront payment that the band holds when the contract is signed. The battle for these details can be described as unyielding, and in the end, Henry won a contract with an advance payment of one million dollars for glory to death, and announced that it was a contract worth five million dollars for two albums. The bottom line for performance royalties is half a million sales, and the two albums must be completed within three years. Although this is a huge gap compared to the tens of millions of contracts of top singers, the band has a percent

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Fifteen performance royalties, which is definitely not to be underestimated, it can be said that this is far beyond the level of newcomers. The million-dollar contract, which is even higher than Hugo's salary when he took over the filming of "Smell the Fragrance and Know the 'Woman'", so it can also be seen that the record industry is indeed faster than the film in the short term of short-term profit in the golden age, just signing a contract, there are one million dollars to buy, even if this million dollars is the income of two albums in the next three years, it is still very considerable. Of course, the band has five members, and 20 percent of this advance must be paid to the International Innovation Management Company, and the rest will be split into five and divided equally among the five people. The international innovation management company only 'draws' 20 percent of this one amount, and in other projects after that, it still 'draws' 10 percent, and the amount after their 'draw' is also shared between the company and the broker, such as Henry, an outstanding agent, he can get 80 percent, and the company takes 2 percent; a rookie agent like Joseph generally takes 60 percent, and the company takes the remaining 40 percent; of course, there are also the top brokers who take the 'draw' 100 percent as their own commission. The agent gets a lot of money, and the contribution is naturally big, but Henry won a contract that a newcomer could not get for glory to death, and also won the most rare "initiative" for the band to 'confront' with a large record company, and this huge 'draw' is still worth the money. After the contract issues were agreed, the five members of the band signed their names on the contract, and they will "sell" themselves to EMI Records in the next three years, as for how the situation will develop after three years, it depends on the results of the band's two albums. While Henry was in a tug-of-war with EMI Records, the band was still working intensively on the direction of the album. In the end, Hugo managed to convince the band members to follow his idea to create an album completely, but the band again had a dispute over the choice of tracks. In fact, Hugo originally planned to put all 11 of his favorite songs on the album, but "Hollywood is not America" was written recently, and the band didn't start practicing at all, and Neil and Fokine didn't think the song should be on the album. The result was a controversy between Pedro and Alfonso, with Pedro arguing that "love is a lie" should be put in place. love。 is。 a。 Lie)" such a punk track will be placed on the next album, but Alfonso thinks that this song is a kind of "air response" from Hugo to Uma at the beginning, and it can't be missed, even if Hugo has denied it, but everyone still thinks so. Alfonso thinks "kill." your。 heroes)" The song was too electro-stylistic and should have been released on the next album. This 'intense' quarrel ended with Hugo's sentence "All included", and Hugo's reason was that "even 'home' is so tender."

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After the contract, the good news was announced to the band members, "So, we can go to the party, you are already millionaires!" "Yay!" The members of the band boiled in an instant, the sweat and tears of the past four months were rewarded at this moment, and the road of chasing their music dreams all the way found a home at this time, and the joy in their hearts suddenly exploded, making the brain fall into a blank. Fokine left a new day and found his future in glory to death, Alfonso returned to the road of music after three years to find an exit, Neil and Pedro's perennial persistence finally got the opportunity to be on the stage, and Hugo, Hugo looked back at his eleven years of stumbling and struggling, and it is difficult to express in words. The most special thing is that the name "Glory to Death", which started from the depths of Hugo's soul and was continued in Hugo Lancaster's body, the light of dreams finally began to shine! (End of this chapter)

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The latest chapter of the high-speed debut superstar, this chapter is the 433 million contract of the comeback [Seven Cats have special popular science skills] The address is