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March 10, 2016 at 5:56 am in reply to: I've got music, I've been approached, I need help fast #24317mileslongParticipant
Thanks Kubed!
mileslongParticipantMe too Art. I just reread the small print, apparently you also have to give up rights to your house, car, and allow two conjugal visits a month with your wife.
mileslongParticipantMichael L:
That clip is awesome! I was rehearsing in a mates kitchen many years ago. The drummer made me so mad I got a frying pan and whacked him on the head with it! I know it seems harsh, but he was dragging…or frying…
great thread BTW, sorry to go a bit off topic. Yes, as a newbie I am looking at PMA companies also. I am also flippin’ a few burgers right now:)mileslongParticipantHi
I find this an interesting thread. @Mesa Sands: I was looking at License Quote and read this:“When someone pays up front for licensing based on my Store calculations or an offer/negotiation, do they then end up being billed by BMI (my PRO) later for additional costs? Or if they are a filmmaker who lands a documentary on multiple TV networks, do those TV networks pay BMI additional royalties?
Assuming you have your catalog (songs/tracks) registered with your local PRO first, for many license types there is no direct (future or additional) involvement with any of the PROs. However, for some license types there may be additional performance royalty collections which can be handled one of two ways:1. You could opt to negotiate inclusion of performance royalties with a bundled price, so the sync & master rights in such case would also include any additional royalty fee at time of payment. The advantages are that you will get paid right away and this could save your client some money depending on the negotiated price. The transcription of final price (between you and your client) will be automatically included into the contract terms, so your client can use this (when needed) to get an exemption from any BMI collections for your songs included in your licensing contract. This is fairly new practice, which is legal and gaining popularity among many licensors and broadcasters, etc.
2. In the License Description field you can remind your clients to fill out an appropriate Music Cue Sheet Form which they can then copy & paste into the Project Description field (in the Store) on the License page. This gives you a copy of the info your PRO will use to make the collections for you, but may take about 6 – 12 months (or longer) to collect”.
Have you negotiated any of your cues via ML, and did you follow 1) or 2) above?
It seems like maybe more obstacles to getting back end payments, or have I misread?miles
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