Amuse announced the other day that they were expanding their Fast Forward program – which allows artists to have an advance on their royalties of between $250 and $300,000 (MA).
However, all these “news outlets” forgot to mention that Amuse will be charging artists 12% interest on the loans they provide as advances on their royalties.
I’m struggling to understand why any artist in the world would consider this a good idea!
This also goes against the artist first idea of Amuse. It’s not artist first in any way!