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Mark_PetrieParticipant
33% of writer’s performance royalties and 16% of sync fees isn’t exactly what I’d call a fair deal, which is what your composers will get if you and your business partner take 2/3rds of what’s left over after the publisher takes their cut.
Mark_PetrieParticipantYou’re talking about performance royalties right? Those are still really low for YT. On the other hand, if you’d received the Content ID income for that video, you’d have made something like $25,000 – $50,000 depending on where the views were from.
July 12, 2022 at 11:06 am in reply to: When Do ASCAP Payments Get Sent for July Distribution? #39921Mark_PetrieParticipantCame in late Friday night. You might want to call them
Mark_PetrieParticipantCheck with your library – CNN tends to be direct licensing ie zero royalties.
May 15, 2022 at 12:24 am in reply to: How long did it take you to reach 4 figure PRO payments? #39744Mark_PetrieParticipantWhat’s a hefty tv royalty. Anyone here had one.
To some that might mean $100 a track per quarter. I aim for at least $500 but I’m also spending 5 – 10 days working on each track.
May 15, 2022 at 12:23 am in reply to: How long did it take you to reach 4 figure PRO payments? #39743Mark_PetrieParticipantYou write for trailers though right? Or am I mistaken?
Yeah that’s me, but I still do a lot of library music designed for TV, and make the majority of my income from that stuff used in unscripted shows, sports etc.
May 14, 2022 at 12:39 am in reply to: How long did it take you to reach 4 figure PRO payments? #39739Mark_PetrieParticipant400 tracks is nothing at this point IMO
I’m not so sure about that. I’ve made more from my last 100 tracks than I have from the previous 2000.
Quality over quantity has proven to be a winner for me.
May 14, 2022 at 12:36 am in reply to: How long did it take you to reach 4 figure PRO payments? #39738Mark_PetrieParticipantAll of those variables are always 100% out of your control.
Great points! But, I’d argue there’s something in your control that increases the odds of those opportunities dropping out of the sky and into your lap: QUALITY. Moving from a spam-mode mindset to attempting to make each track the best thing you’ve ever done goes a long way to increasing the odds of theme use, major syncs etc.
May 14, 2022 at 12:33 am in reply to: How long did it take you to reach 4 figure PRO payments? #39737Mark_PetrieParticipantabout two years
January 17, 2022 at 1:04 am in reply to: Year-End Income Breakdown. Feel free to share yours! #39415Mark_PetrieParticipantThanks for the push to take a look – usually I have a rough idea but last year was a bit wacky, and my numbers were really different from what I usually get. Here’s my breakdown:
57% performance royalties
25% mechanicals
12% sync
6% upfrontMark_PetrieParticipantI have some music on that show, and for comparison, this is what I got from it airing on cable (MTV)
$24 for one minute of music.
As far as I could figure out, the show gets about 400,000 viewers per episode on its first airing.
Maybe Hulu’s rate isn’t so bad after all.
I think that what we’re going to see with the future of royalties (streaming replacing cable) is that hit shows will no longer prop up the royalties we get from less popular ones. At the moment we pretty much get the same amount of royalties per show – just depending on how many re-airs an episode get. ASCAP gives a bump in the rate for very popular shows, but it’s not a huge difference. With streaming, the difference will be HUGE.
I’ve been told by PRO employees that a hit show on a streaming service will likely make a composer more than they’d get on network (but for a short time, then the income quickly fades as the world is done bingeing the series). But an obscure non-hit will get a fraction of that.
Maybe that’s a fairer situation? Certainly going to be a lot more brutal.December 13, 2021 at 12:38 am in reply to: Are social media a thing for your music writer job? #39252Mark_PetrieParticipantI don’t think you need to commit to a YouTube or IG channel that uploads new content every couple of days. But there’s a lot of good that come out of interacting with people in the business, commenting on their posts, congratulating them etc. Let people know you’re alive.
LinkedIn is a more professional crowd and it seems like just about every library owner / supervisor is on there.Mark_PetrieParticipantYou shouldn’t need to transfer ownership- just fill out the form your PRO gives you to start receiving the payments as your company.
You’ll want to do that with any other company that pays you too.July 20, 2021 at 10:14 pm in reply to: Has a library ever asked for your account an routing number? #38398Mark_PetrieParticipantYes, it’s part of the required details for sending you money via ACH or wire transfer. Make sure you give them the electronic routing number – not the physical check one (big banks often have two different ones).
Mark_PetrieParticipantNot much I’m afraid.
I had some music in the 2019 World Series on MLN and the rate ranged from $0.30 to $1 a minute, depending on the time of day. -
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