THE NITTY GRITTY ON WHAT YOU PAY HOW YOU PAY Please visit the "FAQ" page for further explaination.
For Artist/Bands in Phase 1 - Commonly referred to as "babybands," "underdevoloped," or "garage bands." You only pay a reimbursement for expenses monthly. Keeping within a budget, we guarantee NOT to exceed $89.00 for any band/group in a 30 day period. If you are a solo act, we guarantee NOT to exceed $49.00 in a 30 day period. We do NOT issue an itemized expense invoice in phase 1. The reimbursement is requested by management and is determined by your activity level. For example, a band with high business activity in this phase will be asked to reimburse the maximum amount, up to $89.00 for that month. A band with low activity may be asked to reimburse ~$33.00, and a band with medium business activity will be asked to reimburse about ~$60.00 that month. No commissions are taken during this phase of the contract.
For Artist/Bands in Phase 2 - Commonly referred to as "up and comings," or "nationals." Artist and Bands are automatically moved into Phase 2 when gross band income (without deductions considered) reaches $2500.00 or greater in one (1) month. SHM issues an itemized expense invoice, all of which is pre-authorized by the band/artist. SHM commissions 15% of Gross Income as defined in the management contract. Dont let that scare you! There are many deductions considered first, like recording cost and tour support.
