- May 1, 2019 at 8:54 am #32166
Usually I have signed Non exclusive deals which last usually 3 to 5 years.
I have a new Library that is ok with no exclusive, but asks for perpetuity. I’m a little worried because these are my best tracks.
Do you see any kind of disadvantage in signing a contract like that?
Thanks for your advice.May 1, 2019 at 10:02 am #32167
hey Walden – one drawback would be limiting your options. You couldn’t remove those tracks for other opportunities (a more desirable deal with an exclusive library, for a film or commercial etc).May 3, 2019 at 8:39 am #32178
Thank you Paul Biondi. I will consider the things you mentioned.May 3, 2019 at 10:29 am #32179
Yes, perpetuity still means a loss of options; even though the tracks are non-exclusive
If they were alright with doing a non-ex deal. Push, and see if they’ll do a reversion clause..May 3, 2019 at 12:18 pm #32180
Thank you BEATSLINGER, I just asked for that.