They say crime doesn't pay, but does music? You'd be surprised how little most of the time and how much some of the time.

Do you ever wonder how much Lady GaGa, U2, or Eminem make from their platinum records?

How about if you are a recording artist or songwriter and want to know if your record label or publisher is reporting royalties accurately, or if the contract you're being offered worth the advance?

Wonder no more.

MyRecod Deal is a complete, no nonsense App that calculates the profits and loses generated by virtually any US record or publishing deal. It's both a serious tool for music professionals and a fun App for those curious about how much a hit song is actually worth. There has never been a more comprehensive tool that reveals the startling truth about how music pays.

Created by top music-business consultant, best-selling author of music business texts, and artists’ rights advocate Moses Avalon, MyRecord Deal, is a mobile app version of his popular "MARC" (Moses Avalon Royalty Calculator) which has been in use by music-business professionals and educators for over a decade.

MyRecord Deal includes all MARC’s famous features but has been greatly expanded and retooled for the Apple mobile platform to include calculations for publishing and 360 Deal points. It will determine, with reasonable accuracy, if a record company is reporting all earnings and royalties.

How does it work?

Using actual accounting practices of major and indie record labels, the MARC analyzes the data you enter and determines how much the artist, the producer, and the record label should all be making on the deal at any given point, right down to the penny.

Included with MyRecord Deal is a detailed in-app help-book that explains record label accounting procedures to both educate and help configure the MARC to match any type of record deal, from indie, single to fully blown five-album, major-label 360 deals. You can also use pre-configured templates that save you time and give you instant answers.

MyRecod Deal - The MARC can be used for:

--Determining how much mega groups are actually making on record sales and publishing. (General templet is included, artist-specific templets available via in-app purchase.)

--Knowing if the advance offered by a label publisher is too much or too little for the size of the deal.

--Calculating the break-even point for any release for the artist, songwriters, producer and the label.

--Budgeting a DIY career to determine how much is too much to spend on the recording, the promotion, and the tour.

--Finding the actual "penny rate" of each single or album, as well as the publishing splits for each single or album.

--Figuring out the cost-benefit assumptions for auditing or suing a record label.

Using the included in-App Help Book, you will learn:

--How labels calculate royalties.

--The staggering difference between what the songwriter makes verses the recording artist.

--How to negotiate effectively with a label to get the best deal for the artist.

Try it for free (ad supported). Upgrade to pro for only $4.99 for a limited time.