A clause in recording and publishing agreements allowing the recording or publishing company to recoup outstanding advance balances from one album release with revenues from the next forthcoming release(s) and/or in the case of a multiple rights deal (i.e., a 360 deal) from various sources such as music publishing royalties, concert fees, merchandi [..]

A term used in contracts allowing a party to collect royalties from a composition (or contract) and apply the income against the un-recouped advance balance of another song (or contract). For example, [..]

Cross-collateralization refers to the ability to make use of cash flow generated by one project to cover the expenses of a different project. It is a practice by which the financial losses in one medi [..]

A common clause in recording contracts that allows a party to recoup an advance against royalties from other sources or contracts. For example, if your label also owns your publishing rights, it could [..]