Thread: American Idol 4
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  #269  
Old 03-14-2005, 11:57 AM
Cardinal026 Cardinal026 is offline
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Join Date: Oct 2003
Location: Fairfax, VA
Posts: 350
I was listening to the radio this morning, and they were talking about the contract scenario. Apparently when you get locked into the top 10 (the ones who travel and tour) and eventually would get a record deal or whatever, AI will take up to 50% of what you're pulling in, and apparently normal managers/agents will get a 15% cut, so its a big difference. I think they were just making assumptions, but they thought he got offered a record deal, and so he wanted to get out before he made top 10, that way he can get more money, better exposure, etc. Cuz, by him doing this, anyone that didn't know his name before will definitely know it now.
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