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[Applause] what was the original terms then so lets say you sign you know go back to 2001 amy winehouse or typically you know similarly like that what is exactly the commercials well i mean there were certain you know certain points and deal points back there which was sacrosanct you know you always had to sign an artist for life and copyright in perpetuity um which in effect gives you ownership of those copyrights forever in effect um you would generally have to sign an artist for a minimum of five albums all on option maybe so you commit to making one album but then youd have the option for another four or five frequently it would go up to six uh albums on option um and the royalty rate was you know for physical 18 19 around that kind of range that sort of that was a sort of traditional regular deal and thats now whats been eroded over over the period of the last um ten plus years is you know smart lawyers now go well you know listen were playing off the competition theres thre
