Frequently Asked Questions
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- Is there a mandatory amount of money that must be escrowed or available via a line of credit?
- Who controls the release of funds from the escrow or credit line?
- Does Stadium/EMI pay on scanned or shipped product?
- When are Labels paid for the product that has been shipped?
- What is the Reserve and how long is it held?
- Are there any restrictions or limit to the number of titles the label can release during the term of the distribution deal?
- What is the Administration Fee and when is it payable?
- What are Escrowed funds or credit lines used for?
- Is there any time or circumstance that allows Stadium to access the credit line or escrowed funds?
- What is the Escrow account or line of credit used for?
- What services are included in the distribution agreement?
- What is the term length of the distribution deal?
- What is the distribution fee and what is it used for?
Is there a mandatory amount of money that must be escrowed or available via a line of credit?Yes, after the initial deposit of $25,000, a balance of no less than $12,500 must be maintained at all time. Failure to maintain this amount could result in placing product "on Hold" until such time as the balance is brought up to the required minimum.
Who controls the release of funds from the escrow or credit line?The label controls and MUST approve all expenditures paid from the escrow or line of credit. Stadium cannot withdraw funds without the label's express, written approval. The label has the option to pay distribution related costs directly or through its escrow or credit line. If paid directly, the amount in the escrow or on the credit line remains untouched.
Does Stadium/EMI pay on scanned or shipped product?We pay on shipped numbers not scanned numbers which of course mandates the need to hold a reserve against any product that is returned.
When are Labels paid for the product that has been shipped?90 days from the date the in-store date. However, a 25% reserve is held to cover any product that is returned in the immediate future.
What is the Reserve and how long is it held?A reserve equal to 25% of shipped product is held for 6 months from the date of the sale. However if extraordinary amounts of product is in the marketplace, EMI can ask to hold the reserve for longer than six months in order to protect against return of product from retailers. The entire reserve policy is explained in detail within the distribution agreement you will be given.
Are there any restrictions or limit to the number of titles the label can release during the term of the distribution deal?No, there are no limitations or restrictions.
What is the Administration Fee and when is it payable?The distribution fee is a onetime $25,000 fee that applies to the entire term of the distribution agreement. It is used to cover the time and man power it takes to organize and manufacture the release of product. It is payable to Stadium at the time the Distribution Agreement is executed.
What are Escrowed funds or credit lines used for?The label has the option to pay for its manufacturing, printing, retail programs or co-op advertising from its escrow or credit line OR can opt to pay for these expenditures directly, leaving the balance in escrow or on credit untouched.
Is there any time or circumstance that allows Stadium to access the credit line or escrowed funds?Yes, if the label has an unpaid invoice that is late, 30 days or more. The circumstances warranting this action are thoroughly addressed and explained in the distribution agreement.
What is the Escrow account or line of credit used for?Escrowed monies or lines of credit ($25K) are used for services bought by the label in conjunction with the titles that are released. These services include but are not limited to manufacturing the product or point of purchase items such as posters or sticker, buying into any of the retail or coop advertising programs that are offered.
What services are included in the distribution agreement?Distribution includes the solicitation, order processing, picking, shipping, inventory management, reporting, statement generation, reworking returned product, damaged goods management and the processing of all returns. It does NOT include manufacturing, packaging, printing, DJ servicing, publicity, marketing, radio promotion or retail and co-op advertising.
What is the term length of the distribution deal?Three years, exclusive.
What is the distribution fee and what is it used for?Stadium Entertainment charges a distribution fee of 22% on shipped product; 17 % goes to EMI and 5% remains with Stadium to offset costs and time spent on coordinating the release of your product. Please see all the services defined in Question #2. Top of Category
- Can Stadium create a marketing plan for my company that includes an artist's compilation?
- Can you be more specific on the marketing services that Stadium offers?
- What about marketing tools?
- What does Stadium charge for these services?
- Why is Stadium able to secure music from big stars and still minimize costs?
Can Stadium create a marketing plan for my company that includes an artist's compilation?Yes, of course. We create musical compilations with platinum and gold selling artists, keeping costs to a minimum and taking into consideration your businesses' clientele, demographic information and your "emotional buttons" when selecting artists and musical genres. We can tailor the campaign to your needs.
Can you be more specific on the marketing services that Stadium offers?Stadium's top management team has been in the entertainment industry for many years in key positions developing many successful music careers and record company successes. It uses its knowledge, contacts and expertise to provide consulting, retail marketing, project coordination, resource development, campaign development, cost control and budgeting to all types of businesses within and outside of the entertainment field.
What about marketing tools?Absolutely, you name it we can make it. We are involved with a great deal of development that marries new technology to marketing resources; ecards, email blasts, USB drive bracelets, satellite media tours, websites, blogs, games, RSS feeds and much more.
What does Stadium charge for these services?Each service is unique and therefore priced accordingly. You can contact us and we would be delighted to speak with you and provide an estimate (free of charge, of course) of costs for your specific marketing service inquiry.
Why is Stadium able to secure music from big stars and still minimize costs?Stadium's core team of executives is very well connected within the entertainment industry. In addition, Stadium operates its own label, that creates musical compilations coupling the talents of high profile performers with reputable and worthy charitable causes while dedicating a stream of all incomes derived from the project to Stadium's charity partner. Top of Category
You list various rates on the services that you offer, are they negotiable?Rates are negotiable on some, not all of the services that are offered by Stadium. If you would like or need specific information, please contact us through this website and someone will get right back to you. We would be happy to provide you with an estimate or tailor a plan to your specific needs. Top of Category
- What is "My Country: Smash Hits"?
- Is "My Country: Smash Hits" available in stores?
- What is the Fisher House Foundation?
What is "My Country: Smash Hits"?My Country: Smash Hits is a 14 song musical collection containing the biggest hit songs of Keith Urban, Rascal Flatts, Darius Rucker, Lady Antebellum, Brad Paisley, Reba McEntire, Trace Adkins, Blake Shelton, Dierks Bentley, Rodney Atkins, Randy Houser, Big & Rich, Montgomery Gentry, and newcomers, Jypsi. It benefits the Fisher House Foundation.
Is "My Country: Smash Hits" available in stores?Yes, and also on line at Rhapsody, Amazon and other well known music retail sites.
What is the Fisher House Foundation?Fisher House (www.fisherhouse.org) builds and maintains home-like facilities on military bases and near military hospitals providing meals and accommodations to military, both active and retired and their families while being treated medically or being rehabilitated. Fisher House gets between 8% and 10% of every CD sold as well as other streams of income associated with the project. They have been recognized by three U.S. presidents. Top of Category
- What is "True to the Game"?
- I can't find "True to the Game" in stores. What is the status of the project?
- Does Stadium have any sales and marketing material on "True to the Game" that I can look at?
- What is the Negro League Baseball Museum?
- Is "True to the Game" affiliated with Major League Baseball?
What is "True to the Game"?True to the Game is a 14 song collection of brand new material by Kanye West, Ludacris, Snoop Dogg, Mario, Macy Gray, Talib Kweli, T-Pain and a host of others released to benefit the Negro Leagues Baseball Museum.
I can't find "True to the Game" in stores. What is the status of the project?True to the Game is not available in stores but can be purchased on line as a digital download once released. It is scheduled to be in stores October 2011
Does Stadium have any sales and marketing material on "True to the Game" that I can look at?Yes, if you are interested in more information, please contact us via this site and we will provide you with sales literature, samples of posters, displays and point of purchase materials to complement any fundraising or marketing campaign.
What is the Negro League Baseball Museum?A dedicated income stream is pledged to the Negro League Baseball Museum (www.nlbm.com) located in Kansas City, MO. This amazing organization creates and administers educational programs to inner city children throughout the U.S.A. The Museum honors the men and women who started and operated the Negro Baseball Leagues and ultimately helped to break the "color barrier" in baseball with the signing of Jackie Robinson to a major league team. Satchel Paige, Ernie Banks, Hank Aaron and a host of other "legends" in baseball paved the way for people of color to play professional sports. These incredible teams with such colorful names as the Indianapolis Clowns, traveled across the country challenging local teams and coining the phrase "barnstorming".
Is "True to the Game" affiliated with Major League Baseball?Yes, the CD is approved and licensed by MLB. Each copy carries the MLB logo and legal lines. Top of Category