Question about licencing fees
Posted: Thu Apr 05, 2012 9:45 am
Hi all, new to the board. I figured this would be a good place to get some info regarding licencing fees and legal mumbo jumbo. Received a contract this week for representing my music for film / TV placements. There is a portion of the contract that I am unclear on. First, thing that I need clarification on is in the case of being placed, the contract stipulates a commission fee of 50% from all gross licencing fees (including but not limited to sync fees and master use fees.) This is non-exclusive with a 50% publishing split. I am registered with ASCAP as writer and publisher of all songs. Contract is based in California law.
Could anybody tell me a ballpark estimate of what percentage I should expect in return based on the above. The commission thing and sync / master use fees are the main points I am really unclear on. Does this look pretty standard to you TAXI folks? I think this source is legit but dont want to sign without first asking advise. Thanks in advance for the input...
Could anybody tell me a ballpark estimate of what percentage I should expect in return based on the above. The commission thing and sync / master use fees are the main points I am really unclear on. Does this look pretty standard to you TAXI folks? I think this source is legit but dont want to sign without first asking advise. Thanks in advance for the input...