| Record points and publishing - stuck.
Sorry if this is in the wrong area - seems like people in this area can speak from experience more.
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So I play in a band with a good buddy of mine who is the songwriter for this band. We also have an electric guitar player who has indicated that this record is his swan song with the band, but has been with us for a long time.
We decided about a year ago to make a record. We have hardly any budget so we used my connections to get some free nights in a great studio, used my home setup for lots of tracking and also paid for two days at another studio.
I am engineering and producing the record, and also playing a multitude of instruments and composing accompanimental elements. At this point I've spent probably 90% more time than anyone else on the project (not because they don't want to but because one guy lives in another state and the other has a day job. I also have the home studio setup to edit and mix and do all that stuff.) Not griping, thats just how it is.
He spent a total of maybe $1300 on studio time and plane tickets, I spent probably the same on some necessary gear so I could work effectively on production elements out of my place.
He wrote all the songs, played drums, acoustic and sings. I played all the bass, played string arrangements, some electric guitar, organ and did the production type sounds and all the engineering/editing/mixing. Our electric guitar player worked maybe 6 days and played all the lead guitar.
I have not been paid anything for my work in the form of fees, but that's all good and it's what we decided to do.
My question is, what is a reasonable deal to strike regarding royalties and perhaps publishing of this work? My first instinct is 50 for songwriter, 45 for me and 5 for our electric player.
What are your thoughts and what would be an industry norm for this type of project?
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