[Fmpro] 10% Wholesale (!) Royalty on Compositions on a CD? Ripoff?
BizZVanWa@aol.com
BizZVanWa at aol.com
Wed May 9 01:57:35 GMT 2007
Hi,
Someone I know from work, who actually does make significant money marketing
CDs and books to local organizations (churches, schools, etc) wants to put out
a CD of my original instrumental tunes.
I've already recorded these, paid players (well) in a buyout, and produced
the recordings. (Did the copying, too, of course.)
The contract this acquaintance has given me (something she bought in a
collection of publishing and record co. contracts) calls for the writer to get 10%
of wholesale for each CD sold.
Seems like the last I heard, the going rate was more like 10% of retail.
I know enough about music contracts to figure out where the other bad parts
of the contract are, but am I right about retail? Thanks
Seth Wittner
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