Advance

Advance Type: noun Pronunciation: /ad-vans/ Plural: Advances Related: Recoupable Advance What does Advance mean? An upfront sum of money paid to an artist, songwriter, producer, or rightsholder by a record label, distributor, or music publisher against their future earnings. Money paid to an artist, songwriter, producer, or rightsholder before the recording or release of a […]

Advances

Advances Type: noun Pronunciation: /ad-van-siz/ Also spelled or known as: Advance Payment, Royalty Advance Singular: Advance Related: Recoupable What does Advances mean? Money paid to an artist or songwriter before the recording or release of a song or recorded work. Advances are payments made by record labels, publishers, distributors, or other companies to artists, songwriters, […]