An advance is money we pay you early against your future royalties. It is not a purchase, subscription or deposit.
The advance is recouped from your future royalties until it is fully repaid. Until then, new royalties are applied to the outstanding advance balance before being available for withdrawal.
If your catalogue stops earning before the advance is fully recouped, the remaining unrecouped balance may be written off at our discretion or, where the advance agreement provides, may become repayable.
Each advance offer shows its recoupment terms before you accept it.