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Originally Posted by terminal pharmacy
then the record company loses its immediate outlay, however the bands do have to repay the debt unless the contract negotions were good at first sight, in the end you may aswell take a loan from a bank as far as i am concerned and hire a good engineer and producer, someone who work you know and respect.
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That's why unless your band sells a shit load of albums on your debut, you're not bound to make much money back because you're paying the label back. Then if you don't make the units/cash then you get dropped, but I believe you don't have to pay the money back. This happens alot, apparently only 1 out of 10 bands actually "makes it".