The $100,000 "Prize"...deceptive wording?
Has anyone else noticed that during the opening credits, Seacrest McLite never says a cash prize of $100,000...? His exact words are:
"...and walk away with a recording contract. And an advance of $100,000 cash."
An ADVANCE??? Now, as most of you have figured out, I'm not the sharpest tool in the shed, but I always thought an advance meant you had to earn your patron at least that much money or give back the balance. In other words, your album only makes $50,000, you give back the other $50,000.
Is this correct?