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ADVANCE ALLOCATIONS
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We were running three projects simultaneously (and
I’ll never do that again!) – the live double CD project was still in the
compilation stages when we began pre-production on Billie's Bones, we were still
re-doing the artwork on all of the old catalogue ( I wound up doing the
re-mastering on those 16 albums in-between the overdubs and editing on Billie's Bones)
, and we were working on Billie's Bones.
That meant money had to be
juggled between the three projects on a daily basis. |
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As you can see, the money came in dribs and drabs. Fortunately for me, when the BMG money arrived in 2002, we set it aside (though I had to pay taxes on it!) for this project, and that gave us our start-up money. Oh Boy Records gave me half my advance when we began pre-production, which helped enormously. One of the reasons it’s so hard to make an independent album and use union musicians and an outside studio is because it has to be funded – at least partially – up front. I’m fortunate because every company I was working with understood that the musicians, studio, engineers etc. had to be paid as we went along. |
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When I’m bargaining for lower fees and
costs, I always promise that the studio, musician, cartage company, whomever,
will be paid within a week of rendering their bill. The big labels sometimes take up to 60 days
to pay; I can’t afford to work that way.
Portions of each affiliate’s advance went where they were needed, with
me hoping it would all work out in the end. (And, as I said, updating the budget daily.)
Fortunately, all three albums came in on budget, and we managed
to pay everyone on time, even though the JVC advance for this record wasn’t
due until two months after delivery. |
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JANIS IAN ADVANCE ALLOCATIONS |
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RECEIVED FROM |
FOR |
WHEN |
ALLOCATIONS |
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Beaver
Music ( |
Advance
for signing |
Received |
Live
double CD album |
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Beaver
Music |
Advance
for old catalogue, live CD, new studio CD |
Received |
Old
masters and new CD |
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BMG Records
(former label) |
Buyout |
Received
2002 |
New
studio album |
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Cooking
Vinyl (European, South American, Mideastern &
African affiliate) |
Advance
for old catalogue, live CD, new studio CD |
Received |
New
studio album |
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JVC
Victor ( |
Advance
for live album |
Received |
Live
double CD album |
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JVC
Victor |
Advance
for old catalogue |
Received |
Old
masters |
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JVC
Victor |
Advance
for new studio CD |
Due |
New
studio album |
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Oh Boy Records
(North American, Australian affiliate) |
Advance
for live CD |
Received |
Live
double CD album |
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Oh Boy
Records |
Advance
on starting studio CD |
Received |
New
studio album |
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Oh Boy
Records |
Advance
on turning in studio CD |
Received |
New
studio album |
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BALANCE: |
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