Forum Replies Created
Interesting, can you give a ballpark dollar figure on how much it would be to set up a will like that?April 21, 2016 at 1:35 pm in reply to: rock/pop artists interested in PMing each other our best libraries? #24686
Personally I think it’s pretty lame to use this forum which was started to be a resource for ALL members, to hook up with other members and only share info privately. Also it might undercut the fees Art are able to collect to maintain the site which is not fair. In fact I wouldn’t mind if the whole PM function on this site would be disabled or at least for non paying members. Not accusing you guys of trying to do this but it might be the end result. Just my 2 cents.April 15, 2016 at 1:30 pm in reply to: Do you recommend purchasing the "2016 Film&Television Music Guide"? #24653
No, I doubt that’s gonna do much for you. This business is realitonship based and beside you can probably dig up that info in that book via the internet using sites like this http://variety411.com/us/los-angeles/ but again I know where Capitol Records are located but doesn’t mean anyone is gonna listen to my stuff just because I drop off my demo at the Capitol Records building.
I can’t get over how amazing it is that Mark Lewis has shared this software for free with us. Hats off to you sir!
15-20% of writers seems fair, most likely the library would take 100% of the publishing.
It’s basically a commission based sales deal.
Your time spent middle managing it between the library and the bands are the investment for which you collect the fee in form of writers share. Of course the possibility of having wasted time on this also comes back to you and your judgement. Not sure how fair the deal would be if you didn’t have to put a little work into it.
Just do it non exclusive and re-title as a way top say out of other versions of their songs. if they sign a record deal later they can keep their original title for that, the library can pull out the re-title (the audio) and not pitch it further but can still collect from previous placements on cue sheets under the re title
To have the artists and bands pay you a fee would be a hard sell for music library deals, that’s more of a song plugging deals where they are pitching songs to big artists ex Tim McGraw or Reba and some song writers pay cash fees to be part of regardless of results.
Don’t worry too much about getting into a exclusive library later, these guys wanna be rock stars and probably don’t care much about not being able to sign with Jingle Punks Exclusive versus Crucial anyway.November 7, 2015 at 3:49 am in reply to: U.S. PROs Consent Decrees – DOJ Considering Lowering Your Income! #23316
I wonder how that would work for BMI writers who has co writers with foreign PROs then ? I guess for safety it’s probably best to tell Libraries to make sure they use their BMI entities to collect for a foreign PRO co writer in those cases. I know some libraries default to their ASCAP publishing entities on foreign PRO writers so probably best to request it.August 29, 2015 at 11:59 pm in reply to: Assigning PRO writer Royalties to your Corporation #22700
Thank you very much MichaelL and Art for the input, highly appreciated. Seems like Taxes would be the only benefits then. If I find out any more I will post it.August 27, 2015 at 3:00 pm in reply to: Assigning PRO writer Royalties to your Corporation #22691
BumpJuly 15, 2015 at 1:58 pm in reply to: What to do when an exclusive library goes out of business? #22181
Opps I didn’t see Michael had responded to this already.July 15, 2015 at 1:56 pm in reply to: What to do when an exclusive library goes out of business? #22180
Keep all emails you sent asking about the issue on file and gather all the evidence you can about them going out of business, ex. taking screen shots of their website or non existent website. Also read your agreement if there is any other company names associated with the agreement if so try contacting them. Keep all this on file. Also shot them an email saying that you will threat this agreement as nullified unless you get a response.
I’d say 90 days of trying to contact the company with no response should be sufficient time. Then treat the deal like nullified. On the off chance someone would sue you for it, you have reasonably evidence and cause for terminating the agreement. Plus a company who has gone out of business most likely wont spend a bunch of money on suing you for breach of agreement. Don’t fall into a trap where you create a bunch of problems and extremely unlikely scenarios which prevents you to further exploit your music. Also beware of lawyers who use scare tactics to get you to pay for their services. Suing someone is a huge undertaking that most will wanna avoid unless there is a big pay off and those Pawnestar/Kardashian placements aren’t going to be worth it.