Mark Tavern August 1, 2020 Music Business, Record Business An Artist’s Guide to Royalties, Recoupment & Cross-Collateralization Mark Tavern August 1, 2020 Music Business, Record Business If you’ve ever wondered how an artist can be in debt while the record company is still making money, the answer lies in recoupment and cross-collateralization, the two methods a record company uses to recover its costs.