Although Henry interrupted the album positioning meeting of Honor to Death, he was not at all conscious. Instead, he took out a shabby briefcase behind him, walked into the room, and sat down on the edge of the bed. "This is a preliminary contract, which was formulated according to our company's rules and regulations," Henry looked up at Hugo, because Hugo is an artist under the International Innovation Management Company and is not unfamiliar with the company's standard contracts. "You can read it first and discuss it with each other. If there is no problem, we can ask the head office to make modifications, then fax it to complete the signing."

The band's discussion meeting was interrupted, but it was not a big deal for the members. They could continue to discuss anytime and anywhere. Now what Henry said is indeed more urgent.

A contract is a very important thing and must be cautious. Henry looked at the band members, "You don't have your own lawyer, right?" He got a confused expression, and then he looked at Hugo, "Where are you?"

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

Henry saw Hugo's expression of spreading his hands. He stopped when he was paying for the contract, put his briefcase on the bed sheet, and then turned his neck as if he was very tired. In fact, for newcomers, most of them signed the contract directly. Few people would ask professionals and ask for help from the union if they needed help, but Henry knew that Honor would definitely not compromise so easily until death.

"Let's go, let's find a large law firm to complete the job." Since Henry belongs to the company, the contract he has is protected by the company's legal department. 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 always seems lazy, he shows a completely different speed, ruthlessness and accuracy when doing things.

So, after less than half an hour of returning, the band set out toward Manhattan again. They found the law firm, reviewed the terms and details, negotiated with Henry, communicated with International Innovation Management Company, and after all the contract details were confirmed, the five members of Honor until death signed their names on the contract and officially announced that they had completed the signing of Henry.

In the next five years, Henry Bloom became the band agent of glory until death.

After solving the first problem, the next day, Henry negotiated the details of the contract with EDA Records on behalf of Honor to Death. Surprisingly, EDA Records did not sign EDA Records to its independent label, but signed it with EDA Directory. This contract took Henry for five days to bargain and carve all the details.

In addition to the conditions that had been negotiated before, Henry refused to give in to the value of the contract, hoping to win a larger contract for the band.

No one can predict whether an album can succeed. There is a saying in the industry that only five of the 100 records can get gold records, which is 500,000. Besides, all of them are failed records. Therefore, it is very difficult to make money for a record, so record companies and singers must be in line with the interests of sharing, which is very particular.

Before this, Henry had already won 15% of the performance royalty income for the band, while 50% of the distribution royalty belonged to Hugo alone. Among the performance royalties, there is still 85% left, which naturally includes the production costs of the album itself, the production costs of music videos, the promotion costs and the cost of the tour. This part of the expenses generally account for 25%.

The second is the advance payment fee, which is the contract value that ordinary people know. This fee is the living expenses paid by the record company to singers during the album creation period and the cost of purchasing the singer's album distribution rights. In other words, in the news, I usually see a certain singer signing a new record company at a high price of 40 million yuan, which is such a fee.

Excluding these two parts, the remaining income is to divide the record company and the distribution company, which is pure income.

Therefore, the ratio of cost and advance payment is very important. Record companies must measure the singer's strength and expectations for the album, because the increase in the ratio of these two means that their profit margin will inevitably be compressed. Similarly, band agents must also gain more space for their band, more production costs, and more advance payment costs. This is a protection of the band itself and a struggle for interests.

It is worth mentioning that the band can get 15% of the performance royalty, and the record company will set the bottom line of sales, such as Gold Records. Only when the sales exceed 500,000 gold Records' level can the band get 15% of the income; otherwise the band will not have a penny of income, and what they can get is the advance payment fee. This fee is held by the band when the contract is signed.

The competition for these details is unyielding. In the end, Henry won a contract of one million US dollars in advance for Glory to his death, and announced that it was a contract worth five million US dollars and two albums. The bottom line of the dividend of performance royalties is 500,000 sales, and the two albums must be completed within three years.

Although this is a huge gap compared to those contracts of tens of millions of yuan for top singers, the band has 15% performance royalties, which is definitely not to be underestimated. It can be said that this has far exceeded the level of a newcomer.

A million-dollar contract is even higher than Hugo's pay for filming "Smelling a Fragrance and Knowing a Woman", so it can be seen that the record industry's short-term profit in the golden age is indeed higher than that of the movie. Just signing a contract, one million dollars will be bought. Even if this million dollars is the income from two albums in the next three years, it is still quite considerable.

Of course, the band has five members and must first withdraw 20% of the advance payment to pay the International Innovation Management Company. The remaining part is divided into five and five people are spread out.

International Innovation Management Company only draws 20% of this amount, and in other subsequent projects, they still draws 10% of the amount after they draw. The amount after they draw is also shared by the company and the broker. An outstanding broker like Henry can get 80% and the company can get 20%; new agents like Joseph usually get 60% and the company can get 40% of the remaining amount; of course, there are also the most top brokers who treat 100% as their commission.

The agent gets more, and naturally makes great efforts. Henry won a contract for glory to death that a newcomer could not get, and also won the most rare "initiative" for the band when confronting large record companies. This huge commission is worth the money.

After reaching a consensus on the contract, the five members of the band who had been honored to die all signed their names on the contract. They would "sell" themselves to Baida Records in the next three years. As for how the situation will develop in three years, it depends on the achievements made by the band's two albums.

While Henry was fighting with EDA Records, the band was still intensively formulating the direction of the album. In the end, Hugo successfully convinced the band members to create the album completely according to his ideas, but the band still had another dispute over the choice of the songs.

In fact, Hugo originally planned to put all the eleven songs he liked the most on the album, but "Hollywood's.not.ame" was just recently created, and the band has not started practicing at all. Neil and Fokin don't think this song should be put on the album.

The result led to controversy between Pedro and Alfonso. Pedro believed that the song "Love is a lie (temptation)" should be placed on the next album, but Alfonso believed that this song was Hugo's "response" to Uma at the beginning and should not be missed. Even if Hugo had already denied it, everyone still decided this way. Alfonso believed that the electronic style of the song "kill.temptation" was too advanced and should be placed on the next album.

This fierce quarrel ended in the end by Hugo's sentence "Everything is included". Hugo gave the reason, "Even a tender song like 'home' is included, is there any difference?" This made the band members quite helpless, but they finally agreed.

"Guys, you are already singers of Eddie Records. You can enter the studio tomorrow to start preparing your new album." Henry finally got the contract after Eddie Records stamped and announced the good news to the band members, "So, we can go to the party, you are all millionaires!"

"Yeah!" The band members suddenly became excited, and their sweat and tears over the past four months were rewarded at this moment. The path of chasing their musical dreams was even more home at this moment. The joy in their hearts suddenly burst out, leaving their brains blank.

Fujin left a new day and found his future in glory until his death. Alfonso returned to the music road again after three years and found an exit. Neil and Pedro's persistence for many years finally brought the opportunity to take the stage. Hugo and Hugo looked back and looked at their staggering and struggling all the way over the past eleven years, and it was even more difficult to express their words in words.
Chapter completed!