I have an idea for other software titles, but simply cannot do it along with my present 60++ hour/week employment. I would like to approach the distributor to see if they would be interested in offering an advance, comparable to a year’s salary, which would support me during the creation of this new title. (They have a contractual right of first offer.)
I feel weird approaching them particularly since we just completed long, drawn out negotiations regarding the other software titles, and those products won’t start being distributed until September, so they have no track record yet as to how successful it will be.
Has any independent gone through this? Is it reasonable to ask for a 120-150k advance, to be paid back by future sales revenue? What are the pitfalls I should be aware of.
Thanks so much.