first library deal...

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pedro
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first library deal...

Post by pedro » Fri May 22, 2009 1:14 pm

Hi, I've joined taxi one month and a half ago, and i received my first (non exclusive) contract offer today from a library for a song that was forwarded by taxi. This is cool! The only problem is that it happens earlier than i expected, and i'm still waiting for other responses as i submited this track for other listings, including labels... So i've asked them if i could have this offer on "stand-by" for at least a little while... Maybe i'm screwing myself asking that=)

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Re: first library deal...

Post by bmete » Fri May 22, 2009 1:21 pm

Hi,Congrats on the contract....If it is non exclusive, what are you holding back for. Bird in the hand, better than two in bush!Bob

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Re: first library deal...

Post by pedro » Fri May 22, 2009 1:55 pm

well, of course it's non exclusive, but i wouldn't be able to sign any exlusive contract for this song 'till 3 years... I think that if i wasn't new to taxi, i would have a better idea about what to do with that song. I just would like to know the result of some "label" (or else) submissions before signing this deal. It seems that they easily accept a lot of submissions (i checked their website), i'm not sure about what to think about that... the song could be lost in a huge catalogue, a sea of artists=) and i read on this forum that signing the same track on many libraries isn't a good thing. so "non exclusive" is kind of "exclusive" in way...

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Re: first library deal...

Post by mewman » Fri May 22, 2009 3:12 pm

Hi PedroCongratulations on the library offer. I feel your dilemma. On the one hand you want to get your song placed, on the other you want the best deal possible. I'm with bmete about a bird in the hand, but maybe you could demand a short term reversion clause be written into your contract. If they can't sell it in a year or two, it all comes back to you. All in all, it's an enviable predicament to be in. Good luck.mewman

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Re: first library deal...

Post by hummingbird » Fri May 22, 2009 5:00 pm

May 22, 2009, 4:14pm, pedro wrote:Hi, I've joined taxi one month and a half ago, and i received my first (non exclusive) contract offer today from a library for a song that was forwarded by taxi. This is cool! The only problem is that it happens earlier than i expected, and i'm still waiting for other responses as i submited this track for other listings, including labels... So i've asked them if i could have this offer on "stand-by" for at least a little while... Maybe i'm screwing myself asking that=) Congrats on the offer.If it were me, since the deal is non-exclusive, if it's with a decent library, I'd sign it and write another.
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Re: first library deal...

Post by pedro » Sat May 23, 2009 8:17 pm

thanks for your advices. well, i think i'll wait a little before signing anything with them, i don't really know if this library is descent or not, i don't have any experience in this domain but i'm not in a hurry. Maybe i'm doing wrong, but nevermind, this is the game=)

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Re: first library deal...

Post by orest » Fri May 29, 2009 10:21 am

CONGRATS! Yes, sign it and write another one, this one you can sign to all the non-exclusive places..

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Re: first library deal...

Post by jay10music » Sat May 30, 2009 3:00 am

HAPPY 4 U..CONGRATZ.....GET MORE...JJ

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