Expertise supervisor Emma Carlos has unveiled his method to managing artists, speaking about his well-structured enterprise mannequin.
Carlos explains his monetary technique when investing in an artist. He’s prepared to take a position as much as Shs50 million initially.
As soon as the artist begins producing income, Carlos first recovers his funding earlier than transferring into the usual revenue-sharing mannequin.
He first recovers his preliminary funding after which goes into the usual administration income share with the artist of 20% for model growth, 30% for the supervisor, and 50% for the artiste.
Addressing the subject of separations with artists, Carlos remarks that such occurrences are regular and a part of the enterprise dynamics.
He attracts a reference to Swangz Avenue, one in every of Uganda’s main file labels, which additionally experiences separations for numerous causes.
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