no sync fee contract

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  • #37470 Reply
    Dahe
    Participant

    Hi everybody!
    Is it normal that on top of getting 100% of the publisher share (which is standard) a library won’t split any licensing fee at all? Is it common and fair that my revenue would only come from the writer’s share? Also not all type of deals involve getting royalties at some point so in some cases they’d still make money while I woudn’t… All my contracts so far have a 50/50 sync. fee split so I wanted to get other opinions.

    Thanks!

    #37483 Reply
    Tbone
    Participant

    No, it’s not normal and it’s not fair. I was offered a no sync fee contract once and said no.

    You could be missing out on many thousands in sync fees for placements which will never make a cent in back end royalties. Your intuition on that is right.

    #37484 Reply
    Dahe
    Participant

    I figured.. Thanks Tbone for your reply!

    #37485 Reply
    LAwriter
    Participant

    Totally normal – BUT – the library usually is exclusive and buys you out up front for a large (ish) up front payment per song – in perpetuity.

    #37486 Reply
    Dahe
    Participant

    No buyout was offered at all…

    #37487 Reply
    LAwriter
    Participant

    No buyout was offered at all…

    Then I’d agree with TBone – not fair. Find another library.

    #37498 Reply
    Tbone
    Participant

    Yea, and just imagine what kind of people you’d be dealing with if they’re comfortable offering 0% sync fee, $0 up front buyout deals to “their” composers.

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