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Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 12:57 pm
by JohnnyP
So I’ve gotten this from a very reliable source who has taught at the R Rally for years.
A particular music library is floating that they are wanting to take 50% of the writers share of songs signed to them. This is supposedly to make up for production companies taking a portion of this library’s publisher’s share.
I’m not going to out my friend but this is obviously a very bad precedent. I know Discovery Channel had an issue earlier this year with not paying royalties (which I believe was resolved in our favor) and now this....
This is a company that many of my TAXI friends have music in. Keep an eye on any new contracts you sign.
#2020 strikes again
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 2:44 pm
by SubRivers
I don't know the library but this has to be lurching aggresively over the line rather than crossing it.
I would just move the library to the graveyard folder
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 3:12 pm
by JohnnyP
SubRivers wrote: ↑Fri Aug 14, 2020 2:44 pm
I don't know the library but this has to be lurching aggresively over the line rather than crossing it.
I would just move the library to the graveyard folder
Well said. One more example of cheapening the value of music and creativity
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 3:54 pm
by SubRivers
I have had close friends question me on what and who I am music wise since I got into the sync world.
So libraries acting like this don't help that equation !
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 4:46 pm
by cosmicdolphin
Does it start with M ?
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 4:51 pm
by JohnnyP
Bingo... familiar with the issue?
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 5:06 pm
by SubRivers
Seriously - flip the finger at any outfit that does this.
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 5:57 pm
by cosmicdolphin
JohnnyP wrote: ↑Fri Aug 14, 2020 4:51 pm
Bingo... familiar with the issue?
Not personally but have heard from others
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 7:02 pm
by JohnnyP
cosmicdolphin wrote: ↑Fri Aug 14, 2020 5:57 pm
JohnnyP wrote: ↑Fri Aug 14, 2020 4:51 pm
Bingo... familiar with the issue?
Not personally but have heard from others
I’ve heard rumors at the PMC about this being on the horizon but hadn't heard first hand til this week. Once one gets away with it and finds it profitable this will snowball.
Re: Well known Library taking part of writers share...
Posted: Fri Aug 14, 2020 7:22 pm
by cassmcentee
Sounds like a good way to slowly decline in quality...
Support the Libraries that support the Artist
Make them the place to go!
Just like when A&M Records was the best home for Recording Artists