Forum Replies Created
May 22, 2023 at 11:27 am in reply to: BMI TV Royalties Down? #42692
Year over year my business is doing OK, but 4Q22 was the worst quarter in a while, especially US royalties. But like Art said, the number of pages (115!) keeps increasing impressively.March 2, 2023 at 11:07 am in reply to: BMI TV Royalties Down? #41969
Long term trend is still gradually upward as I continue to sign more tracks. Up and down in the short term. I agree that the number of factors involved makes it challenging to assess what’s going on. I also agree that 1Q statements are generally the highest, although not dramatically so.February 9, 2023 at 12:33 pm in reply to: Sharing new work – best practices #41742
Reelcrafter is great for this.February 23, 2022 at 9:57 am in reply to: Questions about BMI royalty statement #39545
Yes, a pretty large increase in international royalties.January 5, 2022 at 8:41 am in reply to: Questions about what to expect when submitting to new libraries? #39325
There is so much variation that it’s difficult to answer these questions generally, but…
Sometimes there are upload forms, sometimes an email contact.
Usually the contract comes after “approving” your music. If they offer you a contract, that’s the approval. You can definitely ask about contract terms before you submit, and often the basic terms will be provided with submission information. And it’s good to know this, because it’s entirely possible you’ll read the contract terms and decide you don’t want to submit to that company.
Companies may want to know that you’re capable of producing lots of music, or they may not care, but often you’ll be submitting 1-3 tracks for review. And in many (most?) cases each track you submit is subject to review. Obviously you’ll want to present music that you produce at the highest level, balanced with an awareness of what that company is looking for.
The question of “to how many non-ex contracts should I sign a single track” has no easy answer and has probably been covered here at MLR.
As far as submissions to ex and non-ex contracts, perhaps you have enough strong tracks (400!) that you can simplify the process by, at least initially, just submitting each track to one company. It can take a while to hear back, but usually it’s weeks or months, not years. (I know people have stories…but generally it’s weeks or months).
Best of luck to you.January 3, 2022 at 10:27 am in reply to: Year-End Income Breakdown. Feel free to share yours! #39321
Over a 10-year period, excluding some up front income, my production music income has been roughly 30% sync fees and 70% back end.
The back end income is actually pretty consistent along a trend line over time.
The front end varies pretty wildly year to year in a way that seems kind of random. There’s certainly no obvious trend.
I don’t have any tracks in RF libraries, so I can’t speak to that.September 21, 2021 at 9:34 am in reply to: BMI Royalties September #38940
My statement was in line with what Art said. A little higher overall. US up, international down.June 21, 2021 at 1:17 pm in reply to: BMI Royalties 2020 Q4 – Paid 6/18/21 #38155
Better, but not quite back to prepandemic levels.
The page count continues to increase dramatically! Dollars, not so much.February 6, 2021 at 1:35 pm in reply to: BMI Payout #37309
Mine was down somewhat. The big difference was the huge decline in new placements, which I assume is COVID-related.May 30, 2020 at 1:32 pm in reply to: What is a “Reel” ? #35078
By the way, I use ReelCrafter and I really like it. Easy to use.August 30, 2019 at 1:16 pm in reply to: Reversion Clause Advice #33013
Tough question. Sometimes tracks sit for years then get lots of placements. Sometimes tracks sit for years and get no placements. If you signed 100 tracks and none were placed you should probably move on. If you signed 5, it’s hard to say. Also, given royalty lag time, you could have year 2 placements that haven’t appeared on your royalty statement yet.
I’d definitely pull them after 6 years though!
Hope you get lots of placements right away and your decision gets easy.March 28, 2019 at 12:31 pm in reply to: Tunesat Free vs Paid acct #31929
I pay for it.February 21, 2019 at 1:07 pm in reply to: Nat Geo Royalties? #31729
Lots of their shows run for years. I’ve had many placements in the $20-$70 range after several years of reruns. And a few that paid just a couple bucks.February 7, 2019 at 10:21 am in reply to: BMI Distribution 1/18/2019 for 2nd Quarter 2018 #31612
Well, the number of pages is certainly increasing!
International was higher than ever. I’m not sure why. If there’s a pattern to international, I’m not sure what it is. Netflix was higher for me too.
I might agree that royalties are softening overall, but I’m not sure. My royalties grow, but not dramatically, and the size of my catalog increases more than the size of my royalties.
A few observations, and maybe these are obvious: International takes a long time to start, then continues for a long time. Movies keep generating for years. Placements on network shows are still great. More streaming royalties come online with each statement; payments are small but growing and not insignificant.
I’m not sure how the royalty rate per viewer for Netflix, Amazon, Hulu et. al. compares to the rate for network and cable. Yes, the payments are small, but viewership is often very small as well. If anyone has numbers on that, I’d love to know.February 7, 2019 at 10:09 am in reply to: How Much Time Do You Generally Spend on 1 Track? #31611
It’s all over the place. 1-20 hours. I don’t see any correlation between number of hours spent and likelihood of placement. Some just take longer than others. Of course it’s always worth my time to spend enough hours to do my best work. I work faster if I’m specific about how I want the track to sound before I start. I can always change my mind after I start if that seems like the thing to do.
Yes, a template can save some time. And if you’ve already chosen a palette, you have fewer decisions to make, and that can help.
If it’s a genre that’s new or newish to me, the first track may take 2-4x as long to produce but it’s worth taking the time to get the sound you want. It’s efficient and educational to make at least 2-3 tracks in that genre.