When the net result say 2000 yen is sent to the UK, converted into sterling at last summer's rate of 215 the 2000 yen gives Decca UK £9.30. When converted at today's rate of 135, it gives them £14.81.
So it's a nice little earner for them, I'd say.
Ah yes that is true, but would it be sent back to the UK? Surely it would go into a UCJ Japan's bank account? If so, exchange rate which would be advantageous to them would not apply.Roger
But the main contract is between Hayley and Decca UK, so if they licence the relevant local Universal subsidiary to release Hayley albums in any other Country, licence fees/royalties, etc. must be payable by that subsidiary to Decca UK - or at least show up in their balance sheet eventually. Whenever that happens, the conversion from Yen to pounds sterling must be done to produce an accurate balance sheet for Decca UK - wherever the money is physically "stored".
Even if Decca decide stupidly to "give the album away" to Universal Japan, Hayley is still entitled to her royalties... which will almost certainly end up in the UK and will then benefit from the stronger Yen. And at the end of the day, that's all we really care about i suspect - Hayley getting more royalties (to help pay off whatever balance is left on her contract! ). And even better, Hayley's personal share of Japan concert income will benefit too!
I've been thinking about it for quite a while, as the pound has steadily sunk almost into oblivion! When the pound was strong, until last summer, the UK was obviously the place to be selling albums but now, it isn't. Japan is the place to be earning your money (well the Eurozone too) not only because the yen is stronger but they don't seem to do much discounting over there, compared to the UK and US. A double whammy!!! i.postimg.cc/9fYxy370/smilie-big-grin.gif
Anyway, you should be lying down (in bed!) by now... it's after midnight!
Japan and Europe are both region 2 so if it is region encoded (it may not be) the DVD should play OK on any European DVD player and TV, or computer, capable of handling the NTSC video standard.
Some older DVD players and TVs in Europe (including the UK) may not be able to handle NTSC but most modern ones can.
In North America, if it's region coded, you may need to find a region hack for your DVD player but it's the same video standard (NTSC).
Australia and NZ have all the potential problems - they will need a relatively modern DVD player and TV (well not ancient ones) to play NTSC, and if it's region coded they may need to find a region hack for their DVD player.
I had *just* found out about this as I was looking for Rimi Natsukawa's version of Hana (looking for all originals of the songs Hayley sung in the 1st CD) so I'm very excited to hear about a second one, and it's so soon too!
Hayley really opened up my eyes with some of these wonderful tracks. I pretty much love every song except Amazing Grace (heard it so many times I want to shoot myself) and Tsubasa wo Kudasai (so repetitive I want to shoot myself lol) but other than that, the track selection was wonderful. I wish Hayley did a version of "Eyes on Me" but that's probably not gonna happen
i.postimg.cc/9fYxy370/smilie-big-grin.gifI have just ordered the CD thru CD Japan. It is going to cost me a lot of money due to the strong yen vs weak NZ Dollar. But if the second CD is as good as the first one it will be well worth it.