Budget:
Budget: $500,000
20 songwriters + $40,000 per songwriter = $800,000
$500,000 budget + $800,000 = $1,300,000
Songwriters salary: $1,500 every 2 weeks = $3,000 a month =$36,000 a year
Royalty Department = $70,000 a year
Copyright = $70,000 a year
Legal & Business Affairs = $70,000 a year
Print Publishing = $70,000 a year
Distribution = $70,000 a year
Creative Department = $70,000 a year
Four 30 second commercials at $30,000 a piece.
After that there is $724,000
However there are copyright fees that run from $65-$100
We will sell 10 million CDs a year at $15 a piece and that brings in $150,000,000.
Not only does that reimburse us but it gives more money to do more things later on.
