And now a word regarding the anticipated contributor's profits for 2012 as well as an update for distributing the remaining profits from 2011...
RE: REMAINING 2011 PROFITS: All of 2011's profits will be distributed by the end of this September!
RE: OUR PARTNERSHIP WITH LEVI'S®: Levi's® is going to be supporting hitRECord this season in a variety of ways: they will be spreading some of our records far and wide on the Internet, we're going to make a new work of art together, we'll be able to put on a bigger and better tour this fall while keeping the ticket prices low, and - the cherry on top - is that we'll be able to pay our contributing artists way more than we have before!
The estimated contributor's profit from our partnership with Levi's® will be $125,000.
And we are going to distribute these profits around to all of our productions in 2012. Basically, a portion of this $125,000 will be allocated to each production and added to the profits each production generates on its own.
While my goal here with hitRECord is not to maximize profits, it feels good to pay people for doing great work and making the art we love to make together!
FCP by Dr. Gory