What's A Good Price Range For Exclusive Rights?

DavidG79 · 28th November 2007

Hey Everyone,
I contacted a music library and they are interested in acquiring my tracks. They're asking for exclusive rights to my work, which I am open-minded about as long as I can get a good deal. I would like to know what would be a fair deal since I won't be able to sell the tracks to anyone else anymore.
I write :30 pieces designed for radio and TV spots, as well as full loop packages (1:00-4:00 in length). My work span a cross range of popular genres (hip hop, RnB, Pop, Reggae, easy listening, etc.).

Energie · 28th November 2007

Chances are they will be Telling YOU what they will pay for it. Try to get at least your writers share, and hopefully they will offer you a decent buyout, though most likely it won't be near what you expect or want...

this is at least my experience with most libraries, its hardly a negotiating thing, they usually have a set price.

DavidG79 · 28th November 2007

Well, they are asking me for a minimum price. I don't want to quote anything that is too outrageous on one hand or ridiculously low on the other hand. I would like to know a decent price threshold to work with.

theoryinmotion · 28th November 2007

The library I work with give me $700 for anything less than 2min and $1000 for songs 2min+.

I loose all rights except for the performance rights by selling it.

DavidG79 · 29th November 2007

Appreciate tbe input, Dillin. Anyone else has an input?

28th November 2007	#1
DavidG79 Gear Head Joined: Aug 2007 Posts: 39 Thread Starter	What's A Good Price Range For Exclusive Rights? Hey Everyone, I contacted a music library and they are interested in acquiring my tracks. They're asking for exclusive rights to my work, which I am open-minded about as long as I can get a good deal. I would like to know what would be a fair deal since I won't be able to sell the tracks to anyone else anymore. I write :30 pieces designed for radio and TV spots, as well as full loop packages (1:00-4:00 in length). My work span a cross range of popular genres (hip hop, RnB, Pop, Reggae, easy listening, etc.).

28th November 2007	#3
DavidG79 Gear Head Joined: Aug 2007 Posts: 39 Thread Starter	Well, they are asking me for a minimum price. I don't want to quote anything that is too outrageous on one hand or ridiculously low on the other hand. I would like to know a decent price threshold to work with. Last edited by DavidG79; 28th November 2007 at 05:10 PM.. Reason: typos

28th November 2007	#4
theoryinmotion Gear maniac Joined: Nov 2006 Location: Seattle Posts: 166	The library I work with give me $700 for anything less than 2min and $1000 for songs 2min+. I loose all rights except for the performance rights by selling it. __________________ Theory the Producer

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28th November 2007	#2
Energie Lives for gear Joined: Aug 2007 Posts: 1,092	Chances are they will be Telling YOU what they will pay for it. Try to get at least your writers share, and hopefully they will offer you a decent buyout, though most likely it won't be near what you expect or want... this is at least my experience with most libraries, its hardly a negotiating thing, they usually have a set price.

29th November 2007	#5
DavidG79 Gear Head Joined: Aug 2007 Posts: 39 Thread Starter	Appreciate tbe input, Dillin. Anyone else has an input?