5 Year Report

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  • #34276 Reply
    LAwriter
    Participant

    LAWriter, trying to make sense of your numbers…if you tripled your placements, and assuming your getting same placement stats as 3 years go, if my math is correct, then its BMI that has decreased payouts by 1/3?

    Hahahaaaa!! Let me know if you can actually figure out BMI’s math. 🙂 :). :). I’m trying to make sense of them as well.


    @MichaelL
    stated part of the reason, but IMO, that’s only part of the reason. Add in streaming diluting the numbers (at least according to the PRO’s), and what you have is a need for far more performances now than you ever needed in years prior. I’m guessing from full network / cable (old days) to full streaming (sometime in the future) it’s about 20X’s more placements that you will need to equal the same $$ you made traditionally. And yeah, I did the math based on some pretty concrete numbers that I could isolate and quantify.

    [[ BTW, we STILL can’t quantify the biggest “broadcaster” out there – NETFLIX – as either they or BMI will not divulge actual stream numbers. ]]. That in itself is a crime IMO.

    Here’s just one little (big) example for ya that I CAN quantify with exact numbers. In recent quarters I’ve been averaging between 13,000,000 and 19,000,000 individual performances on Amazon VOD per quarter. Yeah, those are millions. I didn’t accidentally add a zero or two. I’d be willing to wager that that’s a lot of performances in anyones book.

    So what’s BMI’s payout you might ask as you’re picturing me laying on a beach in Maui???? 🙂

    Roughly $100 for those quarters. ****!!! I can’t even buy LUNCH on my Maui dream trip.

    In what universe, or universes yet to be discovered (a tip of the hat to the mouse) is that acceptable? I’m waiting, waiting, waiting…….for BMI’s answer to my polite, yet focused question regarding the above. I’m guessing I’ll be waiting for a loooooong time, cause how can anyone say with a straight face that the average performance on Amazon only pays out :

    $0.000006 cents for a performance. That 6 TEN THOUSANDTHS of a cent. And they can’t use Neilson to obscure the realities. That’s Almost 1700 public performances to equal $0.01. One penny.

    Now, for transparency, some of these performances may only be 5 seconds long, but MANY are over a minute, so I figure it all averages out.

    So all that said, I’m THRILLED for those of you starting out that are exponentially upping your payouts every quarter. It doesn’t seem that long ago that I was seeing 30%, 80%, 60% growth every quarter. Quarter after quarter. I had high hopes. Those days are long gone for me. These days I’m happy for a 10% loss over each previous quarter as a huge portion of my placements move over to streaming services.

    Dark times if your placements are in reality TV or even Network that has been siphoned off the air and over to on demand streaming. For those of you with commercials and network promo’s – count your blessings!

    #34277 Reply
    boinkeee2000
    Participant

    thanks Michael & LA for the clarification…so its safe to estimate that folks who started out within the past few years would hit a ceiling thats 1/3 what the vets make in a decade or so (if on the same trajectory) unless something changes with streaming and PROs, making a full time “livable” wage on this industry almost impossible for the next gen…sad

    #34278 Reply
    LAwriter
    Participant

    so its safe to estimate that folks who started out within the past few years would hit a ceiling thats 1/3 what the vets make in a decade or so

    1/3 is a big guesstimate if you’re still getting network, cable and commercial plays. Once it all goes streaming, unless things improve (and I suspect they will the deeper we get) – then you can expect 1/20th payouts at today’s rates.

    At least that’s the closest I can figure, and I’ve spent a fair amount of time crunching the numbers.

    Again, all from the perspective of a composer (Me) who had a ton of cable, and some network all go streaming.

    #34280 Reply
    Michael Nickolas
    Participant

    At least that’s the closest I can figure

    Today, my international statement from ASCAP was 85 pages long and paid less than February 2015’s international statement of 33 pages. So yeah, I’d agree with your numbers.

    #34281 Reply
    Music1234
    Participant

    I simply don’t get it either. 159 page statement paid the same amount as a 17 page statement from 2014. I feel like I have a fixed “salary” at ASCAP.

    Saw a lot of 0’s on my statement like below. It’s becoming a micro penny business. Something does not add up though. I have produced tons of music since 2014 and tons of it is getting used, statements are 130 pages longer but the pay seems to just stagnate. So many line items on these current statements that pay $0, .01, .02…etc
    They used to show $3, $25, $15. Every performance seems to pay 1 cent these days. It is slightly disheartening. I have never seen so many 0’s and fractions of cents in my life on a statement. I removed my titles for privacy, but Here is a sub sample of 1 page of what I am looking at now on my foreign statement:

    CATEGORY: TV – Cable Retransmission
    PRS-Discovery Family 01/01/2019-06/30/2019 $0.00
    PRS-Discovery Family 01/01/2019-06/30/2019 $0.00
    PRS-National Geographic 01/01/2019-06/30/2019 $0.01
    PRS-TRU TV 01/01/2019-06/30/2019 $0.00
    PRS-History 01/01/2019-06/30/2019 $0.03
    PRS-NGO 01/01/2019-06/30/2019 $0.01
    PRS-TRU TV 01/01/2019-06/30/2019 $0.00
    PRS-DIY Network 01/01/2019-06/30/2019 $0.01
    PRS-HGTV 01/01/2019-06/30/2019 $0.00
    01/01/2019-06/30/2019 $0.00
    01/01/2019-06/30/2019 $0.00
    01/01/2019-06/30/2019 $0.00
    01/01/2019-06/30/2019 $0.00
    Lifetime Real Women 01/01/2019-06/30/2019 $0.00
    Lifetime Real Women 01/01/2019-06/30/2019 $0.00
    01/01/2019-06/30/2019 $0.00

    #34282 Reply
    Michael Nickolas
    Participant

    Same here. It’s unfortunate for us, and I can’t imagine a newcomer being able to succeed (financially).

    #34284 Reply
    boinkeee2000
    Participant

    its less of a sting for the next gen cause there’s no past statements they can compare to. kinda like the employee who got a paycut and another who started at that wage. outlook & expectations will be different

    i can imagine what the vets payouts would be back in early 2000s with their current catalog and placements…whoa

    #34287 Reply
    echoflex
    Participant

    To everyone posting their earning info, thank you very much! Very insightful and another tip of the hat to MLR!

    With the assumption that a newcomer is unlikely to make much money right now, would the PRO’s on MLR recommend a newcomer keep most of their tracks in NON-Exclusive libraries? With the hope being that if things get better in the future they will have more flexibility to move tracks somewhere that CAN make money?

    #34288 Reply
    MichaelL
    Participant

    …would the PRO’s on MLR recommend a newcomer keep most of their tracks in NON-Exclusive libraries?

    My strategy is to keep as much control as possible to remain flexible for the future.

    #34289 Reply
    LAwriter
    Participant

    would the PRO’s on MLR recommend a newcomer keep most of their tracks in NON-Exclusive libraries?

    My strategy is to keep as much control as possible to remain flexible for the future.

    Yes. Follow the money. The money lies with the content. I’m trying as much as possible to keep control of my creative works.

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