(09-01-2012, 01:58 PM)Miguel Wrote: I don't know what they mean by "advance" in regards to television. But it could be they pay the agreed upon usage fee and royalties based on the estimate audienced in advance. If surveys indicate the actual audience was smaller or larger then the artist will pay money back or the network will pony up more.
Yep,
Advance can mean there is an obligation to pay back in many businesses and thats what the word meant to begin with. That used to be what it suggested.
I think the custom has changed though but the word remains. The way they seem to use the term interchangably with a negotiated fee leads me to believe it is a minimum payment.
More like Rent being paid in advance and less like 1/2 in advance you'd give a plumber doing major work on your home, which he hasn't earned until he completes the job.
I think the word "draw" is now used more when there is an unknown future income.
But , who knows.