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I’m frustrated here….let me try this in pieces…..last try though….
You can make an entire career on one song. Good luck finding it though and getting it to market early enough in your career to support you the rest of your life. Or you can fall flat on your face with 2000 songs. I’ve seen it. I’d be willing to place a healthy wager that the guys trying to hit that number in 5 years will probably fall into that category if they don’t attend to quality.
One thing is certain – there is no right or wrong way to success, and no way to calculate if or when it will happen. Following one man’s path to success is not a guarantee for you. It’s actually a distraction.
I agree with Beatslinger about getting great music into great libraries. But here’s the kicker…..
I’m not sure I would agree with most here about “which” libraries are great, and I’m not sure I would agree with most here about which styles of music will get placements.
I’m in a lot of top A level libraries who net me only a couple hundred a year. I wrote popular styled music for them. Fail. I’m never going that path again. I’m in a smallish private library that nets me mid 5 figures by itself that on paper looks like a dismal failure of a deal. Haha! I’m laughing. I’m in what I guess would be a “RF” library (I still can’t figure out all the nomenclature and parse the minute differences) that pulls in 800+ “placements” a year. Very few of which seem to make it to broadcast. It’s a nice side income which really takes the stress off of what I need from back end.
Are they enough? No, I don’t think so. Netflix, Hulu and Amazon are looming…..
Personally, I believe in the more is more formula. I have seen first hand that you cannot parse the details of this business enough to write a few pieces and have it sustain a career for a lifetime. Things change waaaay to quickly to make that a safe strategy long term.
Boinkeee2000 – I wrote a very long and detailed post that didn’t make it past the “filters” of this site. I don’t have the time or effort to re-write it. I am quite frustrated. It had no profanity, and I didn’t try to “edit” it. It just flat out disappeared. Maybe it will show up later. Unfortunately, your loss as it addressed many pertinent issues.
I will say 2 things in brief –
1. More is more. There is no denying it. I’ll hit 2000 library songs this year.
2. Get those songs in ASAP. Much like investments, you need them working for you as early on in your career as possible.
I’ll try to re-submit my post again – as I was smart enough to copy and save before hitting “submit”, but there is something bad going on in the spam filtering or background aspect of this site I’m afraid.
Best of luck. Don’t forget – more IS more. Quality and diversity count too.
None of the thousands of library tracks and TV/Film tracks that I’ve done have ever ended up in the arena that sound exchange pays out for. I think you are most likely wasting your time unless you’re releasing an “album” or the like for commercial release / broadcast / listening.
At least that’s how they explained it to me.January 19, 2018 at 5:55 pm in reply to: What do they mean by Subscription Based Online Service?? #29312
From a composers perspective, I’m not quite sure why anyone would voluntarily put their music into a subscription based service. 98% of the time it benefits only the library – who is in a desperate race to the bottom to collect clients at any cost – and the client who gets music for (virtually) free.
I should say that there are a couple of notable exceptions.
But when some of my music ended up in one of the horrible ones without my consent, the owner of the library tried to cover things up and schmooze me and tell me how great it would be for me – even though he had broken a valid contract by putting it into the subscription service. When I asked him to explain in detail what the deal was, it was 110% obvious – he was going to be the only person making money, and I would be competing against myself with other non-ex libraries that I was involved with. Pennies for a all in / perpetuity license on the subscription site vs. hundreds of dollars for somewhat limited licenses on other non-ex sites…. Which would you choose as a business / producer??
The answer is beyond obvious. I quashed that faster than he could blink, and that relationship is now dead. But I say good riddance. Subscriptions will kill the music library business faster than any other peril. And we all know there are a LOT of peril’s.
Agreed with Mark!! Those types of fees are virtually unattainable at this point. You’ve got to have something they really WANT that they don’t have.
And even then – you’re not guaranteed any back end placements. One of the reasons I’m looking elsewhere than these types of placements.
No. Up front buyout, AND back end PRO writers royalties.
Traditional library contracts — think PMA libraries like Megatrax, FirstCom, etc. — have used this exact contract for decades. They pay you $$ up front to buy out the masters and the copyright (publishing). In return for the up front fee (it can be anything from $0 to a couple thousand depending, but these days, it’s getting horrifically low) they own your music and copyright in perpetuity and they do NOT share in the up front syncs. The writers ONLY royalty beyond the up front payment is their PRO writers share. Standard stuff. NO LICENSING (sync) payout. Many writers have made mega-bucks on these style contracts. At least they have in the past. The future remains uncertain to me, and I thing the only thing you can count on is that the next 20 will look nothing like the last 20.
On the flip side of the coin, some of the newer upstart exclusive companies share the sync’s with the composer, but generally the upfront payments are $0 or close to it.
I constantly have my eye on more tools for My Tool-Box, and techniques/ways to make my product even better!!
AMEN!!! Preach it!!!
To that end, I’be willing to bet I’m in waaaay over $300k in the pursuit of the ultimate writing / production studio and how to equip it. Amortized over a couple of decades plus, but still, that’s a lot of cash….. It’s an investment in ME, and it’s paid off well. I’m a firm believer in an analog signal path wherever possible though so…..lots of converter i/o, tons of outboard, mic pre’s, mic’s, hardware synths, etc.. Never ending. But it pays for itself over and over and over.
you’re absolutely welcome. Good luck in your decisions.
but one has to have some limit on the investing part!!!
I’m sorry but that is not a successful person’s attitude. Those I know who rise to the top of their game and the business NEVER settle for second best, no matter the cost. They just don’t. That doesn’t mean their path is the only path, but I’ve seen it again and again – those with excuses are the ones who give up midstream, or who are never seen as “successful”. Take it for what it’s worth. Aiming for the pinnacle is a good success path. Yes, it’s painful, costly, time consuming and difficult. and there are no guarantees. If you want to succeed in this biz, that’s a time honored and successful path.
I might do it if I had some financial guarantee that the track will be bought
This business is like investing. No guarantees. Either you can afford to do it (time and money) or you can’t.
If I see that work, then I might be able to aim for higher.
IMO, and this is my personal mantra – this is a losing proposition. Guaranteed to fail long term. Especially in today’s market. Just saying’…