What is HALF-RATE PRICING?

IF YOU HAD AN ACTIVE CONTRACT WITH MAPS ON JANUARY 1, 2025,
“HALF-RATE PRICING” is how we bring tHOSE BENEFITS INTO THE NEW CREDIT SYSTEM.

Pretty much it’s just a massive, additional discount on a limited number of hours at Fender Ave each month.

HOW IS THIS DIFFERENT FROM LEGACY PRICING?

Half-Rate pricing is half off Legacy Pricing.
Your discount is actually greater than 60%:

  • Fender Ave Studio A:

    • Regular rate: $32/hr

    • Legacy Rate: $25/hr (>20% off)

    • Half-Rate: $12.50/hr (>60% off)

  • Fender Ave Studio B:

    • Regular rate: $16/hr

    • Legacy Rate: $12/hr (25% off)

    • Half-Rate: $6/hr (>60% off).

After the monthly dues amount is exceeded, you continue to enjoy unlimited Legacy Pricing on all further Fender sessions.

HOW MANY HALF-RATE HOURS per month?

You are charged 50% of Legacy Pricing until the monthly sum reaches the amount of your membership dues.

The math: Fender Studio A sessions ($12.50/hr) + Fender Studio B sessions ($6/hr) until > monthly dues.

  • Tier 1: up to 16 hours in Studio A, or up to 33 hours in Studio B, or some combination thereof;

  • Tier 2: up to 34 hours in Studio A, or up to 70 hours in Studio B, or some combination thereof;

  • Tier 3: up to 60 hours in Studio A, or up to 125 hours in Studio B, or some combination thereof;

    After the monthly dues amount is exceeded, you continue to enjoy unlimited Legacy Pricing on all further Fender sessions.

HOW DOES THE CREDIT CONVERSION WORK?

The amount of credits deducted is equivalent to the dollar cost, not credit cost, per studio.

  • Legacy & Half-Rate pricing locks in a specific dollar amount, not a specific credit amount.

  • Because the value of a credit is different per tier, each tier pays a different amount of credits to equal the same dollar amount.

    • Example: an 8-hour Half-Rate booking in Studio A costs $100.

      • Tier 1: 25 credits @ $4.00 ea = $100

      • Tier 2: 29.4 credits @ $3.40 ea = $100

      • Tier 3: 33.3 credits @ $3.00 ea = $100

Unused Half-Rate hours do not rollover like credits do. This continues the same terms of pre-2025 agreements.

WHO WAS ELIGIBLE FOR HALF-RATE PRICING?

In order to have qualified for Half-Rate Pricing, a member must have met all of the following criteria:

  • Have been a customer of MAPS prior to January 1, 2025;

  • Had a active bulk hour contract in effect and good standing on January 1, 2025

  • Signed up for a new membership plan before March 1, 2025.

Half-Rate pricing was a one-time transitionary offer to a small group of producers. It is not available outside of this group.

Careful not to lose your HALF-RATE pricing!

  • You will enjoy Half-Rate Pricing for as long as your membership remains continuous and in good standing.

  • However, should you cancel, not pay, or otherwise lose your membership, your Half-Rate status is also canceled, and cannot be reinstated, even if rejoining MAPS in the future.


Questions? Slack us!