We determine how much money productions receive in two different ways:
For productions that generate profits, we split profits (meaning the revenue minus the costs) 50/50 — half going to HITRECORD and half going to the contributing artists.
2) Budget Line Item
For productions that may not necessarily generate a profit (like television shows, for instance) we allocate a certain amount of money as a line-item in the production budget, and use that to pay contributors. If such production does generate a profit later on, that profit would be split 50/50.
For more information on HITRECORD and Money, please watch THIS VIDEO.
If you have any questions about this process, please reach out to email@example.com and we will get back to you as soon as possible.