daveydad

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Viewing 15 posts - 1 through 15 (of 244 total)
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  • daveydad
    Participant

    My first royalty was $14! Took another 4 years to hit $1000. Now I wonder how long until I hit 5 figures!!

    in reply to: Royalties once we’re gone #46405
    daveydad
    Participant

    So how are taxes handled? Most royalties have a social security number attached to them…. 1099 forms.

    in reply to: BMI statement 4Q23 #46401
    daveydad
    Participant

    Best quarter for me yet… by just a little. I wonder how long royalties would keep coming in after we die.

    in reply to: BMI Sale Allocation Payment #45212
    daveydad
    Participant

    Same here. But what does all this mean in simple to understand terms??

    in reply to: Piano music #43185
    daveydad
    Participant

    Studio Fontana in Czech Republic had me do some solo piano albums and they have placed well.

    in reply to: BMI TV Royalties Down? #42677
    daveydad
    Participant

    Down 15% from last quarter but still a good quarter for me.

    in reply to: BMI TV Royalties Down? #42027
    daveydad
    Participant

    My last statement was an all time high! International earnings are now more than US.

    daveydad
    Participant

    MY first PRO payout was a HUGE $14 back in 2014! It took about 5 years to start seeing at least $1000 per quarter but I would do things differently now. I started out in the RF field but have since totally abandoned it. I now average $2500 to $3000 per quarter… not rich by any means, but it helps to nicely supplement my other income.

    in reply to: Year-End Income Breakdown. Feel free to share yours! #39320
    daveydad
    Participant

    I’d say my 2021 looked a lot like yours. Mostly backend royalties from reality TV placements. I did get a few up front work-for-hire payments and also some from streaming non-exclusive music. I almost hit $20k total music revenue which is a big deal for me. 🙂 I have other sources of income so don’t totally rely on it. I’ve been doing production music seriously for about 6 years.

    in reply to: Did BMI miss this? #38177
    daveydad
    Participant

    Found out it was for National Geographic international…. and they hope it airs in the US eventually. Payout was pretty lousy.

    in reply to: BMI Royalties 2020 Q4 – Paid 6/18/21 #38153
    daveydad
    Participant

    Mine dropped a little. Saw increase in foreign placements and on demand.

    in reply to: Tinnitus, hearing aids and composing/mixing #38087
    daveydad
    Participant

    I’ve had hearing loss for probably 20 years but finally got behind the ear hearing aids 2 years ago when I got tested again and was categorized with “profound” hearing loss about 2000Hz. But I just can’t use them when mixing. I use headphones exclusively because I would miss too much without them. So far I have not had any negative feedback about my mixes so I guess I’m doing okay. I do know that I rarely use high frequency instruments such as cymbals, shakers, bells, etc etc, because I can’t hear them in the mix anyway.

    in reply to: Does this seem fishy? #37230
    daveydad
    Participant

    The question is how long do you wait before you’re good to go!?

    in reply to: Does this seem fishy? #37227
    daveydad
    Participant

    Thanks for sharing that. This particular library gets paid (I guess from their PRO) and then they send me a check for my cut. Their response was that if it turns out to be a mistake, they will let me keep my amount and take the hit. We shall see. I have set the money aside for now.

    in reply to: Does this seem fishy? #37223
    daveydad
    Participant

    Exactly the thought of the library guy. No more poking for me!

Viewing 15 posts - 1 through 15 (of 244 total)
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