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Diligence Checklist
- CEO-Notes Newsletter - Partnering
Tools - PartneringAgreements.com
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Posted by Michael
A record label with products to be produced on the former Virgin Records artist E.U. and former Elecktra Records artist Starpoint is seeking funding for second quarter releases. The former Virgin Records artist is best known for their #1 smash "Da Butt" from the soundtrack to the Spike Lee/Columbia Pictures motion picture "School Daze." The former Elecktra Records artist is best known for its top 40 hit "Object of My Desire." The founder of the record label was a member, writer, producer, and keyboardist with both of the groups. He also had his own group "MARZ" which was originally signed to EMI/Liberty Records... The label is willing to direct up to 33% of the gross income derived from the sale of the product to the investor(s). Also, the label is willing to consider any and all funds invested as "advances." Fifty percent (50%)of the initial return from the sale of the product shall go towards the investor's recoupment of said advances... It is estimated that as much as a 75% return on the investment can be realized within 24 months of the releases...