[Fmpro] FMN JobWire Posting
Mark Northam
mnortham at gmdgroup.com
Wed Aug 29 21:49:19 GMT 2007
Hi Kerry -
Thanks for the comments. If FMN only had the power to legitimize (or
de-legitimize) practices in this business it would be quite a day. Sadly, we
don't - not by a long shot.
To me, there are three revenue sources from a library deal - one short-term,
two long-term:
Short term: sync fee
Long term: writers share of performance royalties, publishers share of
performance royalties
Frankly, I'd much rather have the 2 long-term revenue streams and not have
to give up copyright, rather than the "traditional" library deal where you
get a small fee up front and they keep the copyright and publishing, and
maybe you'll get a share of the sync fees if they even are straight with you
about the accounting of them. Libraries love to keep those facts and figures
VERY confidential, and when they own the copyright, composers have very
little leverage or power to get a proper accounting of all the licenses.
As far as sync fees go, there are many libraries who keep them, and many who
share them. But in this case, the sync fee is a set fee (very, very low -
under $50) and there is far more potential in the performing rights fees, so
I'm comfortable with this deal - or we wouldn't have published the JobWire.
Mark Northam
On 8/29/07 2:40 PM, "kirbyko3 at aol.com" <kirbyko3 at aol.com> wrote:
>
> I am blaming Mark for running that ad.? I feel like FMN -- the one voice
> that's out there being the squeaky wheel on behalf of us composers -- has just
> legitimized that practice.? It reaalllly rubs me the wrong way.
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