ADVANCE OPTIONSAn "Advance" refers to a payment a songwriter can receive when signing a contract with a publishing company and / or on submitting "live" performance claims.
Advances are typically recoupable, which means that the publishing company collects and keeps the songwriter's royalty income until the amount of the advance has been repaid.
NEW CLIENTSMAORI MUSIC is able to offer new UK clients the following ADVANCE option:-
- A CASH ADVANCE of £100 or 75% (whichever is the greater) of the estimated value of their first performance royalty claim for 20 or more licensed live UK Gig / Event performances.
Minimum Requirements(a) Applicants must have UK residential status.
(b) Applicants must not be a writer member of any PRO.
(c) MAORI MUSIC must handle administration of their full song catalogue.
(d) New Applicants must have performed their original material "live" on a minimum of 20 occasions at licensed UK Gigs / Events / Residencies during the past 12 months.
(e) New clients have a maximum period of TEN working days from the date of their initial application to meet the appropriate requirements outlined for the Advance Option, or a period set by us, after which the option to apply for the initial Advance Option will lapse.
HOW TO CLAIM?Simply select the advance option on your respective SIGN UP APPLICATION Form and then submit your initial Live Claims Form within 10 working days.
For further information see the full Terms & Conditions of ADVANCE
ESTABLISHED CLIENTSMAORI MUSIC is able to offer all established UK clients the following ADVANCE options:-
- UK LIVE CASH ADVANCES
Established clients who have been with us for at least ONE year can apply for a LIVE PERFORMANCE CASH ADVANCE worth 50% of the estimated value of the claim on all claims for over TEN performances, to reduce the waiting time for royalty payments from licensed UK Gigs / Events / Residencies.
The maximum cumulative live performance advance for any Band / Act is £500.
You must not have any titles published elsewhere or be a PRO Writer-Member.
- FURTHER ADVANCES
Established clients who have been with us for at least TWO years can apply for a FURTHER ADVANCE based mainly on their royalty claims history and past earnings record.
We may require additional supporting documentation in the form of Live Engagement Contracts such as those recommended by the Musician's Union (see the Musician's Union Website for further details).