Anyone familiar with this contract wording?

[mojobone]

May 16, 2009, 2:07am, lukeyfingers wrote:So it appears that a library such as this would be pushing to primarily obtain blanket license fees as this would be a more viable option for clients and a convenient way of avoiding the payment of 50/50 proceeds to the writer for the single or individual track. I can understand that contributing to a an entire library (blanket license) would increase one's chances of a placement, but, this would be at the cost of forfeiting the up front split. Why is this not a concern?Synch fees are pretty rare, in certain circumstances. Other writers are willing to give 'em up in exchange for significant back-end, and who could blame 'em?