rkmusic1

Forum Replies Created

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • in reply to: Got an edit question for you guys #44485
    rkmusic1
    Participant

    I also recommend letting your audio file go a second or two past the 60sec, with a tiny bit of fadeout just crossing the 60sec line to make sure there is a little sound at the very end.

    in reply to: Got an edit question for you guys #44484
    rkmusic1
    Participant

    My pleasure, glad it helped!

    in reply to: Got an edit question for you guys #44482
    rkmusic1
    Participant

    Hey Pat, definitely no to the first part of your question, the clock starts at the first point of actual sound. The clock stops at the last point of sound, not the last downbeat. Hope that helps!

    in reply to: BMI Royalty Payments 11-17-23 #43912
    rkmusic1
    Participant

    My royalties are down in all of 2022 and 2023 as compared to every year previously, and I’ve been doing this for many years. My statements were fairly consistent for years and years up until the statement paid on 5/20/22 which was for 4th Quarter 2021. Ever since then, I’ve noticed a sharp drop-off in income, like 40% or so. I decided to do a deep dive in analysis and this is what I found. From 2014 to present, my minutes of usage are up 4X. However, dollars per minute are down, like -6X less per minute, with a significant drop starting 3rd quarter 2020. My hunch is that streaming services are the cause, and we all know that streaming market share has increased. Unfortunately this is starting to look like another effect of the commoditization of music (and media in general). I have to take a serious look at if it’s even worth spending my time writing new library music as compared to pursuing other business ventures. Let me know if anyone has similar results, and I’d be happy to share how I figured this out if anyone is interested.
    Author

    in reply to: BMI TV Royalties Down? #43845
    rkmusic1
    Participant

    Hey everyone, wish I had better news. Once again my royalties are down significantly in all of 2022 and 2023 as compared to every year previously, and I’ve been doing this for many years. My statements were fairly consistent for years and years up until the statement paid on 5/20/22 which was for 4th Quarter 2021. Ever since then, I’ve noticed a sharp drop-off in income, like 40% or so from 2021-present. So I decided to do a deep dive in analysis and this is what I found. From 2014 to present, my minutes of usage are way way up, from about 2000 minutes per quarter in 2014 up to about 8500 minutes per quarter so far in 2023. However, dollars per minute is way way down, from $7.87 per minute in 2014 to $1.10 in 2023, with a significant drop starting 3rd quarter 2020. I’m waiting to hear back from BMI on this, but my hunch is that streaming services are paying way less than cable, and we all know that streaming market share has increased greatly since COVID. Unfortunately this is starting to look like another effect of the commoditization of music (and media in general). Sadly, now I have to take a serious look at if it’s even worth spending my time writing new library music as compared to pursuing other business ventures. Let me know if anyone has similar results, and I’d be happy to share how I figured this out if anyone is interested.

Viewing 5 posts - 1 through 5 (of 5 total)
X

Forgot Password?

Join Us