Giving up part of your writer's share...
Posted: Thu Aug 28, 2014 8:30 am
This week I received an email from a library I've worked with for several years and they've gotten me some good placements. On the email he explained that they just made a deal with a big production company to provide “ALL” the music for a new TV show on a very prominent cable network. The library owner is asking all his writer’s to start providing new music a.s.a.p.
On the surface this looks like a great opportunity, however this deal is exclusive with no upfront money and the production company keeps 100% of the publishing. Meaning the library has to share in your writer’s royalties in order to make money off this deal.
This is a practice that I’m seeing show up more and it’s worrisome. I just don’t think it’s good for either the writer or the library. Because at the end of the day, the production company is making more from your music than the folks who had anything to do with it's creation and administration.
In many cases a writer’s back-end royalties is the last remaining source of revenue for their work. Upfront money and sharing of publishing is almost gone (unless you’re working with top-end publishers). Having a library now take part of that revenue too just lowers the writer’s value and income.
Just to be clear, this library is not a fly-by night company. They have always been on the up & up with me and at one time even helped me get royalties that were due to me which I didn't even know about. But the lure of having hundreds of your tracks on a show can sometimes blurs the lines between fairness and success. Also with so many new writers desperate to get their music on TV no matter what, there is no shortage of supply.
I do know that some libraries have turned away from these types of deal, and even the PMA (http://pmamusic.com/)has a negative view on them. It’s not illegal, but it does question its ethical value.
Like one library owner put it; “It’s like an architect designing and building a house for a client, then paying that client so he can live in it for a while”.
What do you think?
On the surface this looks like a great opportunity, however this deal is exclusive with no upfront money and the production company keeps 100% of the publishing. Meaning the library has to share in your writer’s royalties in order to make money off this deal.
This is a practice that I’m seeing show up more and it’s worrisome. I just don’t think it’s good for either the writer or the library. Because at the end of the day, the production company is making more from your music than the folks who had anything to do with it's creation and administration.
In many cases a writer’s back-end royalties is the last remaining source of revenue for their work. Upfront money and sharing of publishing is almost gone (unless you’re working with top-end publishers). Having a library now take part of that revenue too just lowers the writer’s value and income.
Just to be clear, this library is not a fly-by night company. They have always been on the up & up with me and at one time even helped me get royalties that were due to me which I didn't even know about. But the lure of having hundreds of your tracks on a show can sometimes blurs the lines between fairness and success. Also with so many new writers desperate to get their music on TV no matter what, there is no shortage of supply.
I do know that some libraries have turned away from these types of deal, and even the PMA (http://pmamusic.com/)has a negative view on them. It’s not illegal, but it does question its ethical value.
Like one library owner put it; “It’s like an architect designing and building a house for a client, then paying that client so he can live in it for a while”.
What do you think?