LUCY
LUCY Academy

Royalties & business · Lesson 6 of 7

Advances, recoupment and staying unrecouped

26 minFoundationalFree

What you’ll be able to do

  • Understand what an advance actually is
  • Follow how recoupment works against your share
  • Spot cross-collateralisation before signing
  • Judge an offer by what you keep, not the headline

Inside this lesson

  1. 1Watch first: what an advance really is
  2. 2How the arithmetic runs
  3. 3The clause that keeps you unrecouped

In the app

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Open it in LUCY and the lesson rewrites itself around the music you make, reads itself aloud while you work, and answers questions about your own releases. Free with your account.

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  • A coach that can see the releases in your account
  • Narrated — put it on while you work
  • A badge for the track when you finish it
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In this lesson you will learn: Understand what an advance actually is. Follow how recoupment works against your share. Spot cross-collateralisation before signing. Judge an offer by what you keep, not the headline.

What this lesson covers

Understand what an advance actually is

Follow how recoupment works against your share

Spot cross-collateralisation before signing

Judge an offer by what you keep, not the headline

Inside this lesson

Watch first: what an advance really is

How the arithmetic runs

The clause that keeps you unrecouped

Take this lesson in the LUCY app

Open this lesson in LUCY and it rewrites itself around the music you make, reads itself aloud while you work, and answers questions about your own releases. Finish the track and the badge is yours. Free with a LUCY account.