How much per track for a complete buyout (incl. full artist share)

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  • #31362 Reply
    St0rMl0rD
    Participant

    Hi everyone,

    How much would you say that would be a fair price for a relatively new music library to pay for a complete buyout of a track / music. Meaning, once the composer submits the track and it’s accepted, it’s owned by the library with all artist and publisher’s share, in perpetuity.

    Thanks!

    #31365 Reply
    Art Munson
    Keymaster

    once the composer submits the track and it’s accepted, it’s owned by the library with all artist and publisher’s share, in perpetuity.

    Not sure what you mean by “artist’s share”? That would be a different issue. Typically a music library would/could buy out the composer and publisher’s share. Is that what you mean? Or are you saying the library would own the the rights to the song and the recording? Need a bit more clarity.

    #31367 Reply
    St0rMl0rD
    Participant

    Hey Art, thanks for the fast reply. All of it; buyout of the artist share (they’re the publisher), and owning the rights to the song and the master.

    #31368 Reply
    Art Munson
    Keymaster

    All of it; buyout of the artist share (they’re the publisher), and owning the rights to the song and the master.

    Personally I would never do that as you are losing the potential of that track forever. For me it would have to be a lot of money. $10k maybe. It really depends on your own circumstances. Basically, how much you need the money. What are they offering?

    #31369 Reply
    St0rMl0rD
    Participant

    I can’t say what they’re offering as it’s not fixed yet, but I’m very certain they won’t offer anywhere near that…

    #31370 Reply
    Mark_Petrie
    Participant

    Big libraries pay $1000 – $2000 per track for a buy out, where they get any future sync licensing income. Composer still of course gets all their writers share of the performance royalties.

    That might seem great, but I wouldn’t sign a deal like that unless you were fairly sure they wouldn’t be targeting big license fees (like sticking to TV instead of trailers), and you really needed the cash.

    Most high end trailer libraries don’t pay a fee upfront to own your music, but share the licensing either 50/50 or 60/40 (in the composer’s favor). Not great, but very few trailer music publishers feel the need (see: endless flow of willing composers) to pay for the music they get to own forever.

    #31371 Reply
    St0rMl0rD
    Participant

    Hey Mark, thanks. What about if they’re royalty-free?

    #31373 Reply
    Michael Nickolas
    Participant

    What about if they’re royalty-free?

    Not sure anyone here would recommend doing a complete buyout with an RF library.

    #31374 Reply
    St0rMl0rD
    Participant

    Why not?

    #31375 Reply
    Michael Nickolas
    Participant

    Since there are many non-exclusive RF libraries to work with; you don’t need to sell your rights to participate in the model. My top selling tracks have earned thousands each in NE, RF libraries. This negates the need to sell all rights for up-front money.

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