publishers share

[markasmusic]

Have an interested library offer, I keep 1/3 share off all synch fees and publishers share and 100% of writers share, Does this sound good?

[Russell Landwehr]

To confirm:

you get

1/3 of Sync Fees
1/3 of Publisher's Royalties
100% of Writer's Royalties

??

Is this Exclusive or Non-Exclusive?


Russell

[markasmusic]

Yes that is correct, and its exclusive 1 year contract

[Kolstad]

What type of music is it, full song, instrumental, production cue?
Do you get any payment upfront?

[markasmusic]

this is to a library, only upfront payment will be sync fee i guess, havnt done it yet so not sure, but just wondering if the % of splits seem good, and it will be a full song

[davewalton]

The "normal" deal is a 50/50 split down the middle on sync fees, composer gets 100% writers share and publisher gets 100% publishers share. This arrangement is definitely unique that's for sure. Almost unheard of to get any publishers share because... the composer isn't doing any of the publisher work!

So the way this breaks down is that you're getting a little less in sync fees but more in royalties. I don't see a problem, especially one that would cause me to turn it down. Good luck with it (and congratulations!)

[Russell Landwehr]

That's pretty much my take on it too, Dave.

The splits make me think it may be a newer library that needs a little more of the up-front money at the early part of their venture to stay solvent. So they are offering part of the Publisher's share in return. Hence my question about exclusive. And since the exclusivity part is only for one year, it leaves a pretty short option open. I'm guessing, though, that there are clauses in the contract that could conceivably extend it beyond the first year, but that would be normal. Or that the contract may be renegotiated after the first year.

I'm with Dave, though, I wouldn't turn it down.

Russell