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John Sikora
Cortland, NY
June 2006

The seller gets $1.00 for each CD sold (details below)

Current Prices

• CD retail prices are $5.56
• Sales tax of 8% brings the total to $6.00
• The seller receives $1.00
• The musician or group that made the recording receives $1.00
• Cortland Music reserves $2.00 for CD manufacture.
• The balance (about $1.50) goes to the Cultural Council of Cortland County to support the Classical Music Festival Series.

Consignment Sales When: the Seller Handles the Sales Tax

• Cortland Music provides the CD's to the seller.
• The seller agrees to periodically (monthly or quarterly)
  • Give Cortland Music $4.50 for each CD sold.
  • or return any unsold CD's to Cortland Music.

Consignment Sales When: Cortland Music Handles the Sales Tax

• Cortland Music provides the CD's to the seller.
• The seller agrees to periodically (monthly or quarterly)
  • Give Cortland Music $5.00 for each CD sold.
  • and/or return any unsold CD's to Cortland Music.

Variations

• Sellers can designate all or part of their $1.00/CD to someone else. This could be to:
  • The Cultural Council
  • The musicians who made the recording
  • Girl Scouts
  • Cortland Youth Bureau
  • Bobby Whatshisname
  • or whoever

• Musicians can also make a similar designation.

Anticipated Changes to This Plan

• CD's will be made for which Copyright Royalties must be paid. There will be a resulting increase in the selling price, but the seller's "cut" will still be $1.00.
• Presently there are two recordings available; a year from now there will probably be at least 10. So I may find in necessary to limit the total number of CD's given to individual sellers. Retail businesses will probably still be offered 5 copies of each.