[Fmpro] Fwd: This Week in FMW: FTV Music Conf, NeKo Demo, New SESAC Office, ASCAP UK Awards
Mark Northam
mnortham at gmdgroup.com
Wed Oct 24 00:44:08 GMT 2007
Hi Kerry -
Thanks for the feedback. These guys are just like many, many other music
libraries who have adopted the business model of offering music for no sync
fees, and making their money through performances royalties. You'll notice,
however, that they do not offer music without sync fees for non-broadcast
situations (music on hold, etc) where there are no performance royalties
that could be generated.
Given how low sync fees have become (someone even here on the FMPRO list was
quoting Pump Audio sync fee payments to composers in the single-dollar
range) because of the ton of music dumped onto the marketplace by the
ever-expanding library industry, it's becoming clear that the money to be
made in broadcast is not in sync fees, but in performance royalties.
The sheer amount of music on the market now with all the libraries has
created this oversupply situation, and this is how this particular library
(and more than a few others) is reacting to it.
Your thoughts?
Best,
Mark Northam
On 10/23/07 5:22 PM, "Kirbyko3 at aol.com" <Kirbyko3 at aol.com> wrote:
> Did anyone else notice the giant 1-page ad for zerofeemusic.com?
>
> Call me crazy, but I thought this was the kind of thing that we're hoping
> would go away, or that composers wouldn't participate in. Yet here they are,
> advertising through the Film Music Network. Mark, how can you justify this?
>
> Kerry Muzzey
---------------------------------
Mark Northam, CEO
Global Media Development Group
http://www.FilmMusic.net - Film & TV Music Job Listings
1-800-774-3700 ext. 702 / 310-645-9000 ext. 702
http://www.gmdgroup.com
Yahoo/Skype: marknortham / AIM: mnortham
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