[Fmpro] DW Percentages with held.

[leshurdle]

Doug,

I urge you to step up.

No more waffle..... data...... PLEASE.


Perhaps Shawn would care to contribute some data here... it must be  
common knowledge among the staff... I'll bet the staff don't get a  
20% cut in their pay, plus a 15+5% cut for admin ;-)

L

On Aug 9, 2007, at 6:42 PM, Mark Northam wrote:

> Great question. I assume this is the "fund" that the 10s of  
> millions of
> dollars of member royalty dollars dumped into the MediaGuide  
> project came
> from, the million dollar advances that some writers have reportedly
> received, etc...?
>
> After all, ASCAP says "Our books are open to our members and the  
> public".
>
> Indeed.
>
> Best,
>
> Mark Northam
>
>
> On 8/9/07 6:13 PM, "flight007 at aol.com" <flight007 at aol.com> wrote:
>
>> This is a question that Doug Wood should know the answer to.  I have
>> just learned that PRS not only take 15% for administration  
>> expenses but
>> deduct a further 20% from the gross income for a contingency fund - a
>> fund set up in case there have been mistakes made in the  
>> distribution.
>> The fund is then distributed according to the recent pay out.
>>
>> Does ASCAP do the same thing and, if so, what are the percentages and
>> how is the money distributed?
>>
>> Vic F
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