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August 17, 2013 at 3:55 am #11735JayGuest
I upped most of mine to $100. about 2 months ago and am still waiting…I never did “great” @ the RF sites…most of my $ comes from TV placements..I figured for the handful of sales I do get @ RF sites this should pay off…if they really want that piece of music they’ll pay the price..I also sell sound effects/sound design pieces @ RF sites and raising my prices to an amount I never thought would sell has helped me greatly…I now sell at 6 or 7 times the suggested price and have more sales and obviously much more revenue from that stream and it’s still summer…looking forward to what will happen in winter..Jay
August 19, 2013 at 2:06 am #11761andrejGuestMy older electronica,dance ,chill out,piano instrumentals tracks stay around 40 and 60 but the new stuff (all real instruments even drums, so lots of work)go for 70 and more.
Recently I recorded a few reel brass reggae,latin and funk soul and I just have no way or patience getting them to the big libs so they will end up in RF market and I’m thinking thinking 100-120 price tag.
Let them sit there till they sell ,I would feel bad letting them out cheap.December 4, 2014 at 6:57 am #18869amadeus1ParticipantHi,
I’m a newbie in regards to libraries. What’s an RF site?
Thanks,
Bill McFadden
December 4, 2014 at 7:32 am #18872Michael NickolasParticipantRF stands for “Royalty Free”, the term being a bit deceiving. It means the purchaser of the license can use the music in multiple projects without paying any further fees. It doesn’t mean you as composer can’t earn royalties from a broadcast use of the track, you can.
December 4, 2014 at 8:06 am #18873minkusParticipantWith regards to your answer, should I therefore be registering all the tracks I’m uploading onto RF sites with my PRO company?
December 4, 2014 at 8:12 am #18874Michael NickolasParticipantI do…
December 4, 2014 at 10:57 am #18884amadeus1ParticipantThanks Michael.
December 5, 2014 at 1:37 am #18885minkusParticipantInteresting conundrum here: I attended a PRS meet ‘n’ greet in London a few months ago where they talked us through their new website.
They had a section for unclaimed royalties – where you can scan through their list of uses unclaimed. I browsed through this an found one of the top earners on Soundcloud. He was missing out on some serious cash – multiple thousands of UK £s.I wrote to him through soundcloud.
Turns out he’d sold the music to a Swedish RF company (Epidemic I think). They buy the music from you for an upfront fee. It’s not clear whether they take PRO-registered composers. I read somewhere they don’t – though their website FAQs say the buyer (of the music) does not have to pay PRO but this does not apply for agreements a TV station may have with any domestic PRO.
The piece he’d composed had been used by a UK terrestrial TV station as an ident, hundreds an hundreds of times.
Does anyone know if he could have claimed the cheque (check)?
I asked him to let me know as a finders fee (if he got the money). He’s so far not been in touch.
December 5, 2014 at 5:02 am #18889MarkGuestDoes anyone know if he could have claimed the cheque (check)?
Yes, I think so.
At ML we have a service for all of our composers where we have a publishing partner in the UK and Ireland that checks for all PRS money left sitting in their account that might be attached to a name on our roster of composers.
They check every 6 months for us.It sometimes results in very significant payouts depending on the use of the music (music in an online casino interface for example… a small fortune).
Our publishing partner takes a 10% finders fee.
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