DaneMcCloud |
06-30-2015 10:59 AM |
Quote:
Originally Posted by kepp
(Post 11573671)
I'm no business mastermind, but if they wanted an exclusive contract with you wouldn't they try to make it sweeter than the non-exclusive? Doesn't make sense to me.
|
It's a messed up business and it's only getting worse.
Over-The-Air Network (ABC, CBS, NBC & Fox) pay significantly more in royalties than TNT, HBO, History, et al due to advertising revenues.
The OTA's know this and are now requiring that any track or cue must be an Exclusive track. It can't be shared or in use by another music library or production company. In theory, it raises the value of their product and the composer(s) receives anywhere from 10x to 20x the amount versus cable placement.
In practice, it makes composers such as myself weary of entering into an Exclusive deal without significant monetary compensation. Otherwise, the Exclusive could just sit in a library, without use, forever and the compose has no recourse. The song is gone, plain and simple.
I had an entertainment attorney comment on my Facebook thread this morning about this very topic in which very successful film composer clients of his are being denied streaming and mechanical sales for big time movie soundtracks and scores! So all of those revenues flow directly into the movie studio/publisher's coffers.
It's a bad thing, man. Bad thing.
|