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Post by HoppersSkippersMiners on Mar 13, 2011 0:37:15 GMT -5
As I recall, the Idol contract stipulated that advances increased with every subsequent album, but there was a range associated with it. That range probably depends on the sales of the first album. Damn, wish I had saved the advance data, but I know on mj's it kept getting quoted over and over. However (and this isn't a S8 who's Idol-is-better thing), if you look at the Paltrow data and compare it against Kris' theoretical $350K advance, the LLYD single sales, and ~350K album sales (that's from memory, not gonna check), Kris shouldn't have left Jive THAT much in the hole. Kris probably brought in $2M to Jive. I'm going to assume his album cost a bit less than Adam's since not quite so many name producers, he only had one video, and not nearly as many television appearances. I'm assuming the same or a bit more was paid for radio promo. Give me a sec, and I'll do a crappy back-of-envelope guess, but I'm guessing Kris' advance isn't that large a part of the equation. ETA: Ok - here it is. Remember that I don't track Kris' numbers so these are just the figures I sorta recall from skimming mj's periodically. I'm using the Paltrow multipliers. Income: - 660,000 = $ made for record company on singles (based on 1.65K US singles with $0.4 gross margin for $0.99 single)
- 1,400,000 = $ made for record company on CDs (based on 350K US CD sales with $4 gross margin)
- 2,060,000 = $ made for record company on CD + singles
Expenses: - 350,000 = Kris' advance
- 800,000 = cost of album production (some high end producers; mostly AI stable)
- 1,500,000 = promo and video costs
- 2,650,000 = KATA expenses (just album, not tour etc)
Which leaves KATA about $590K in the hole...except that the figures I scribbled above could be way off due to overestimation of the promo/vid costs. KATA probably isn't in the black, but it may not be THAT far off. Couple hundred K maybe. I just don't know.
In any case, if Kris gets his second album, his advance does increase, but probably not by that much. Probably production costs and promo will be lowered to make up for it.
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Post by stardust on Mar 13, 2011 1:48:50 GMT -5
Of course, there is another possibility. I seem to remember that Q3 suggested that Adam might have a 360 deal, and if he did, so might KA. If that was so, Jive might get some of the merch and Ford money and that would change the balance a lot. Just a thought!
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Post by wal on Mar 20, 2011 7:01:18 GMT -5
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Post by HoppersSkippersMiners on Mar 21, 2011 14:07:43 GMT -5
Awesome - thanks for finding this wal! [snigger] Also nice to know that contestants are legally prohibited from sleeping with the judges. I'm assuming fawning is still allowed. ;D The raccoon roadkill recipe underneath seems random, tho'.... ETA: In all seriousness, though, making the casting couch contractually illegal is a good move. |
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Post by wal on Mar 22, 2011 10:28:52 GMT -5
You are welcome, BB!!  |
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Post by Q3 on Apr 25, 2011 21:59:53 GMT -5
Yup, and based on the contract that was published (since Allison was underage, the AI contract in Season 8 was open to the public), he'll get a bigger advance for Album #2 than #1. I don't have those figures saved, but I've seen them around! Q3 - do you remember them? The Idol contract advances are based on how much the artist sells of the debut album. I will grab the numbers and post. |
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Post by HoppersSkippersMiners on May 26, 2011 21:54:10 GMT -5
Ah - Post-Finale Idol contract discussion day at mj's!! mjsbigblog.com/scotty-mccreery-and-lauren-alaina-contract-details-revealed.htm/comment-page-1#comments Grabbing data and bringing it over here as well. Here are the S8 specifics;Winner: $350,000 total for his first album $100,000 to turn to a camera and shout, “I’m going to Disney World” $100,000 for Disney attraction participation and for taping a vocal performance for the Walt Disney World Christmas Parade television show. $100,000 advance on royalties 3 yr merchandising contract Runner-up: $300,000 total for his first album $75,000 merchandising contract $50,000 in fees from Disney World for the Idol Experience attraction. Other; Top 5 finalists each received $50,000 from Disney attraction participation Top 12 finalists could have earned $200,000 each for a first album and $50,000 from merchandising Other Earnings; Studio Recordings; one-time payment of $1,000 and a $1,000 advance on royalties for each recording. $1,011 for a one-hour show to $1,540 for a two-hour episode www.nytimes.com/2010/02/24/arts/television/24idol.htmlS8 Record Contract Advances Escalations: Winner: Album #1: $350,000 Album #2: $275,000 – $550,000 Album #3: $325,000 – $650,000 Album #4: $375,000 – $750,000 Album #5: $450,000 – $900,000 Album #6: $500,000 – $1,000,000 Runner-up: Album #1: $300,000 Album #2: $275,000 – $550,000 3rd – 12th Place: Album #1: $200,000 Note: All future advances dependent on the success of the previous album Here are the S10 specifics (with other season comparisons);- Scotty will receive at least $250,000 in advances for winning the show and recording the first album.
He will also tens of thousands of dollars more for granting “Idol” partners likeness, merchandise and endorsement rights, and will also receive royalties on any music he releases.
- Lauren will receive $87,500 for finishing second. The amount would be doubled if she records an album.
- Jordin Sparks, who was a minor when she took the crown in 2007, received a contract that guaranteed her a $180,000 advance after the show and another $180,000 after delivering her first album. Oof. Scotty takes a pay cut!
S7 runner up, David Archuleta, (17 at the time) had a contract that indicated a payout of $360,000 total if an album was recorded, with an advance of $155,000–double that once he produced an album. see correction below
- In some past seasons, winners were paid a minimum of $100,000 for merchandise rights, records show. Draft merchandise agreements for Scotty and Lauren give him $50,000 and her $40,000. More pay cuts!
And more random data from various posts:- MJ, in season 7, David Cook got $360K deal and 155K x 2 = 310K for David Archuleta.
- X-Factor contestants are reported to earn £100,000 (~US$160,000 depending on the exchange rate) each for their tour, whereas the kids this year may only make less than $50,000.
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Post by Deleted on May 26, 2011 22:12:58 GMT -5
Remember too that this is a whole new record label. No one knows what the deal is that Idol and Interscope made. Perhaps Sony was more generous?
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Post by stardust on May 27, 2011 1:26:34 GMT -5
Do we think Adam has a 360 deal? What does this mean?
If he has a 360 deal, Sony is taking a fairly good size chuck of his merchandise money. Probably a percentage? What else would they get?
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Post by HoppersSkippersMiners on May 27, 2011 21:43:02 GMT -5
Do we think Adam has a 360 deal? What does this mean? If he has a 360 deal, Sony is taking a fairly good size chuck of his merchandise money. Probably a percentage? What else would they get? From Heather McDonald at About.com: - Concert revenue
- Merchandise sales
- Endorsement deals
- Ringtones
In exchange for getting a bigger cut from the artists they represent, the labels say they will commit to promoting the artist for a longer period of time and will actively try and develop new opportunities for them. In essence, the label will function as a pseudo-manager and look after the artist's entire career rather than only focusing on selling records.
More, including the controversial aspects of 360 deals at musicians.about.com/od/ah/g/360deals.htm I don't know whether or not Adam has a 360 deal ( Q3 - do you know??), but it wouldn't surprise me if he did considering how aggresively his music's been pushed/used for television promos, etc. If RCA gets a cut on all the "nontraditional" revenue sources in addition to straight sales, Adam's done extremely well. Though I'll admit it bugs me a bit to think Adam might be sharing his merchandise sales with RCA. T-shirt money has always traditionally belonged to the singer, and Adam sells a lot of shirts! |
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