Exclusive vs. Non-Exclusive contract Terms

[Alan]

Hey all,

What are the “standard” terms for an Exclusive library with no up front money? Is there a standard expectation regarding splits and options to cancel if nothing gets licensed?

After a couple of years at this, I expect to see around 50/50 licensing and 50/50 back end from a non-exclusive. Should I expect something different from an exclusive?

[Art Munson]

“What are the “standard” terms for an Exclusive library with no up front money?”

Generally speaking I would say 50/50 on sync license and 50/50 on PRO income with some type if reversion clause after two or three years. Income threshold on reversion if necessary.

[Alan]

Thanks Art

[marcustaylor]

Hi Alan,

Based on our contracts (http://www.themusiciansguide.co.uk/music-contracts.php) we have a non-exclusive licensing contract which is standardised at 50/50. However, if a company is looking for exclusivity then they would need to offer you more (whether that’s in terms of royalties, creative control, or other is a different matter). Feel free to drop me an email (marcus at themusiciansguide dot co dot uk) if you’d like me to send over more info about the contracts.

Cheers

[scottcampbellmusic]

I’m very new to this biz, am I correct to think that assuming I sign a ‘standard’ exclusive deal with a library, I can sign other non ex or ex with other companies, submitting DIFFERENT music

[Author]

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