Forum Replies Created
- May 17, 2021 at 12:48 pm in reply to: (debate) very well known music libraries are not necessary the more profitable #37986
I guess it must be all over the map then…. Long term, continual money making placements? The best of the smaller boutique libraries that I’m associated with have out-earned the bigger libraries like the ones listed above ten to one.
Welcome to the real world. It’s challenging. incredibly complex, ever changing, crazy, and the pie is getting smaller every day – with the competition growing exponentially. “Top 40 Pop” is for sure one of the top few categories of songs that have the most competition. You’ve got to be incredibly different, and compelling. And yeah, unless you have thousands of songs, it’s going to be a very long haul. 2500 and counting here, and I feel kind of like I’m barely getting into it….. How long will it take you to clear 1000 minimum? That’s a starting place in this market IMO. (Didn’t always used to be that way……). And yeah, those of us with a head start and thousands of placements already earning money have a huge advantage. Best of luck. Think outside the box and never give up. That’s the only answer I can give you. Every path is different. No one wants to hear that, but it’s 100% true.
PS – a vocal song has the “potential” to earn more than an instrumental – with the exception that there are about 500-1000 + instrumental placements for every vocal placement. 🙂
if you need $650 today and they pay quick – maybe that’s a good deal. If you need a career – long term – you just shot yourself in the foot. The music – pretty much any music – is worth more than $650 unless it’s a piece of $#[email protected]
Back end royalties are dying with streaming. And those unscripted shows will not support you. $650 upfront will not support you, Only a real royalty stream will support you.
Ownership of masters is the ONLY thing that will pay out significantly the future. There. I said it out loud. The dirty little secret. I’ll even say it again……..
Ownership of masters is the ONLY thing that will pay out significantly the future.
I won’t say it again. After all, it IS a secret……
I would add ESPECIALLY if it’s a vocal song. $650 is not enough.
No. Same from my experience. Once the dog learns the trick, it’s hard to make them give it up.
Yes to Art. Especially in the unscripted world, the up front sync fees have dwindled to the point of $0.00 with the show producer wanting a piece (or all) of the publishing as well. if you’re still getting sync’s for these types of shows – ANY syncs – I’d say you’re ahead of the game. This side of the biz is in decline.
IMO – a long-standing career in this biz (if it’s even possible starting out now) relies heavily on personal relationships at the point of publishing. Not with end users. Again IMO, social media is not the place to develop personal publishing relationships. In their office, on the phone, in the studio is how you develop personal relationships in this biz that last.
I mean, I know it’s a brave new world. But those types of business relationships span pretty much all business.
New times. New goals. New endeavors. New challenges.
I ain’t dead yet. 🙂 🙂 The traditional music library business might be soon though. LOL
How so Beatslinger? I’m not really even investing my time into pursuing music library placements anymore – other than when the right situation knocks on my door.
I said about 4 years ago if you are trying to compete with modern musics (Trap/EDM/Pop, etc) You are literally trying to stop a volcano from erupting using a toothpick.
At least 95% of my catalog is NOT in those categories, and it’s STILL like trying to stop a volcano with a toothpick. LOL