After reading the new contract, I won't be submitting new tracks to them. Don’t want all my previous tracks to fall under the new contract.

First off; Getty can make changes to the "rate card" whenever they want. If you fail to terminate this agreement within 30 days, it will automatically be considered you're in agreement. There's also some lingo about wavering mechanical license royalties. The contract is difficult to follow. It would be great to have an Industry lawyer decipher this contract and give us a summary in Just Plain Folk’s terms. Seems to be wide open for benefitting Getty while open to diminishing benefits for writers.

On the plus side… Pump Audio/ Getty Images does seem to get regular placements. Also, the writer can bow-out after a year (1 year reversion clause). Their contract is non-exclusive, so those tracks can be signed with other non-exclusive libraries.

If I could continue with them under the old contract, I would probably submit new non-exclusive tracks.


Stop analyzing; just compose the damn thing!
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