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Think about 3% of Michael Jackson’s Thriller, which sold 30 million copies in the US alone (30 million times per record times 3% = million).
And most of those records sold for far more than .
A modification may be in order when the paying parent has experienced a significant change in circumstances and must petition the court for a change in the monthly child support payments, whether to reduce these payments or to temporarily postpone them.
If the noncustodial parent has been paying some support from the time of the separation to the time of the final divorce and child support orders, the court, after deciding how far back the retroactive payments will go, the amount already paid may be deducted from the amount of the retroactive payments.
So producer royalties are still a very important consideration when entering the studio. The key to answering this question is understanding the acronyms SRLP and PPD, and their differences.
As a reminder, producer “points” on the record involve an entirely different revenue stream than if your producer is given songwriting credit.
From my experience, the industry norm is between 2 and 5% of record sales.
In the golden age of recorded music (after Elvis, before Napster), this could results in of money.
Producer royalties are a very important part of the music industry.
Indeed, almost every music producer these days will ask for a percentage of your record royalties.