How many years to estimate when selling future fees

[wilx2]

Hi all,

If a composer has been with a library for 5 years with many tracks licensed and a proven track record, currently with a 50/50 fee split, and the library proposes a number to buy out all future license fees for all tracks the composer has in that library in one lump, how many YEARS worth of fees should the composer add up to arrive at a sound price? Is there a standard number? Is it 10 years worth? more? less?

Thanks in advance for any info on this.

[MichaelL]

Hi wilx2. Are they only buying out sync fees, but you still get backend? Or,is this a library that does not require cue sheets?
Are they buying your cues out completely?

[wilx2]

Hi Michael,

Thanks for replying. I would keep backend as is – 100% of writer. To date, the vast majority of income has been from upfront compared to backend. And yes, proper cue sheet filing is required.

[wilx2]

…and they’re not buying the copyrights, but tracks would be exclusive to them in perpetuity.

[MichaelL]

It sounds like they know that your music will make them a good deal more money over time, than they will be likely to pay you upfront.

There’s not a lot of difference between this offer and a WFH deal, except that they aren’t buying the copyright. But, what good is the copyright, if you are giving up your “bundle of rights?”

Traditional exclusive libraries pay anywhere from $200 to $1,000 per cue. What you’re willing to accept is your call.

Personally, I wouldn’t do it.

[Desire_Inspires]

To date, the vast majority of income has been from upfront compared to backend.

If you are making more money from upfront fees, then continue to make upfront fees. Why give up that income?

[Author]

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