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Thank you Music1234. I appreciate all your knowledge and advice that you shared.
LAwriter i totally get what you’re seeing and i know that the masters are the real value. I’m just wondering how to exploit the masters without going through one of these libraries like I am now to get the placements. Is it using those sites like Pond5 or other sites that let you self upload that you suggest? Or just straight up building a catalog and site of my own and essentially becoming the library myself and trying to connect directly to shows?
Music1234 – I keep my writers share on publishing but give them the master rights. Are their libraries that are paying 1500+ for these types of songs? I’d say about 75% of the placemenets thus far that i’m seeing or catching on royalty statements are with the vocal (like i said these are a lot of unscripted shows like ninja warrior, love island, etc).
When you say the stock sites is that like the Pond5’s and those type of “royalty free” upload your own content type stuff? I really like the company i work with and appreciate how quickly the music goes on tv… but this was all great when i was doing it to supplement income and bringing in like 4k a month on the fees but now that i’m looking to go at it full time i’m looking for how to move past this cap i’ve seem to reach on income with them especially since thus far the royalties have been barely anything.
Tbone – I do still keep writers share of publishing on the song (just not master). Are people really getting 10k for one song?!
Hey Music1234 & LAWriter thanks for the responses. I’d say time all in it takes me around 8-10 hours (usually spread over 2 days). That song you sent is cool and obviously would be a lot more expensive. I’m doing more top 40 pop style so it’s for the most part in the box other than instruments I can track easily myself at studio. I come from a pop songwriting background and would never accept 650 as a production fee (for major labels I ask for 10-15 but obviously landing them is a lot more rare and i spend a lot more time on those songs vs library songs). I guess my question then is what avenues can i take if i wanted to attempt to keep ownership and license songs myself? In another thread I learned that most of the unscripted shows that my songs get used in (the library i write for has had a rly great success rate w using my songs) don’t even pay a sync fee anyways and just have blanket deals w the library. So I assume it would be hard to just pitch them songs directly. On top of that, the royalties thus far haven’t been anything crazy whatsoever anyways so without an upfront fee it seems like i’d be getting peanuts.
Even if that one (hypothetical) exclusive publisher bought everyone of my tracks for say $500 per master, I still would have far less income.
Music1234 i’m currently getting about 650 per track with a high placement rate (i’m doing full songs w vocals for a library) and have been going at it for a little over 2 years. I keep my writers share of the publishing. I don’t know how i’d get the placements without going through them though. Would your advice be to just try and send directly to these types of shows or are you saying just spreading amongst diff non exclusive libraries?