>what the hell where MoS smoking when they agreed to that deal? >if marketed correctly they could probably sell one more but 5? >the amount of money MoS rake in from those crappy 'Best Ibiza Party >Anthem' cds must be huge.
It's a lot more complicated than it appears. Of course, I don't really know, but would take a relatively well informed guess at this, as its pretty standard for bands of that nature. the million pound figure comes from a deal that would include I think 5 LP's. But, and the big BUT is that they'll take the first LP, and the rest will be an option to take the LP's. E.g. MOS tie them to their label, and they can't take any new LP's anywhere until MOS have said "no, we're not going to take this LP" MOS have first option at what I would guess at 200,000 advance per LP. So yeah, in theory its a million pound deal, and creates publicity, but in reality in fact they're only committing to one LP, and first option on the next four. I think that's a pretty standard deal. Although £200,000 is a pretty massive advance for first LP. Hardly anyone gets that on their first LP. any clearer? ha ha, I doubt it! _________________________________________________________________ --------------------- End of message text -------------------- This e-mail is sent by the above named in their individual, non-business capacity and is not on behalf of PricewaterhouseCoopers. PricewaterhouseCoopers may monitor outgoing and incoming e-mails and other telecommunications on its e-mail and telecommunications systems. By replying to this e-mail you give your consent to such monitoring