Escalator
Also called: escalation clause, escalating royalty
A contractual mechanism where the royalty rate rises once sales or streams pass a defined threshold, rewarding success with a bigger share.
Taught properly in
Anatomy of a record dealAlso called: escalation clause, escalating royalty
A contractual mechanism where the royalty rate rises once sales or streams pass a defined threshold, rewarding success with a bigger share.
Taught properly in
Anatomy of a record deal