Music library Interested in one of my songs

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tomyco
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Music library Interested in one of my songs

Post by tomyco » Thu Dec 07, 2017 6:20 pm

I have a music library interested in one of my songs. This is their deal

1. Writer retains all writer royalties

2. Writer get half of all sync fees from dollar 1

3. Music Library retains 100% of the publishing

4. It's a non exclusive deal


I am new to the Music Library business. Is this common practice, especially the music library retaining 100% of the publishing?

Would appreciate all input. Thanks!

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Tunesmith
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Re: Music library Interested in one of my songs

Post by Tunesmith » Fri Dec 08, 2017 9:18 am

Hi..I know that there are all kinds of library deals. There are videos on TAX TV about this with Erin Jacobson, music attorney and others. I found them very informative.

She has articles as well...Here is her website:

http://www.themusicindustrylawyer.com/

I am sure there are books on it..best to know as much as you can about types of deals. Make sure you register your songs/recordings with a PRO like ASCAP, BMI (US)

Hope this helps! and congratulations!

Best,
Linda C

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Telefunkin
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Re: Music library Interested in one of my songs

Post by Telefunkin » Fri Dec 08, 2017 12:06 pm

Hi,
There's been lots of previous discussion on this, so if you search the forum you'll probably find all the answers you need. However, you might find this interesting and helpful.
https://www.taxi.com/transmitter/1504/k ... lingo.html

As for registering songs, I would wait until the library offers you a contract. You'll probably find that as publishers the library will register your song with both their own PRO and yours. They might also choose to change the title, so there could be a couple of reasons not to register it yourself ahead of a deal. I'd be guided by some of the advice in this discussion.
post537313.html?hilit=registering%20songs#p537313

Hope that helps :)
Graham (UK).

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VanderBoegh
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Re: Music library Interested in one of my songs

Post by VanderBoegh » Sun Dec 10, 2017 1:30 pm

That's a very standard deal. Sign that sucker!

~~Matt

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