Answer the following statement(s) true (T) or false (F)

1. In an all-in deal between an artist and label, the producer’s royalty comes out of the artist’s royalty.
2. With a recording fund, a royalty artist who incurs recording expenses lower than the budgeted
amount may be able to pocket the difference.
3. When a record bombs in the marketplace, artist royalty contracts typically require the artist to
return the production money advanced by the label.
4. It is virtually impossible for a label to make a profit for itself on a recording that does not recoup the
advances made to the artist.
5. Most albums recoup the expenses advanced to artists.

1. True
2. True
3. False
4. False
5. False