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Lot Long
by Gary E. Andrews - 11/10/26 11:20 AM
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Joined: May 2006
Posts: 4,507
Top 100 Poster
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Top 100 Poster
Joined: May 2006
Posts: 4,507 |
money up front is usually really spelled R-U-N...especially when they FIND you...You can pay for services you think might help you when YOU research WHO and WHY to hire someone,otherwise it just seems too risky, there are plenty of sharks swimming in the music business waters...good luck
these are notes from a Craig Bickhardt class I recently took...MJ EXAMPLE 7: SAMPLE BONUS STRUCTURE FOR INDEPENDENT SONGPLUGGER
Album Cut - $500 Gold CD - $500 Platinum CD - $500 Multi-Platinum CD - $500
Single Release - $500 Chart Position Top 50 - $750 Chart Position Top 40 - $1000 Chart Position Top 30 - $1500 Chart Position Top 20 - $2000 Chart Position Top 10 - $3000 Chart Position Top 5 - $4000 Chart Position #1 - $5000 Bonus Multiple weeks at #1- $500 per week
Total for a Platinum CD cut that goes to #1 = $19,250 owed to Plugger
royalty notes just for info: EXAMPLE 2 2.a - The value of a copyright: Two Writers, Two Publishers
Mechanical Royalties From A Platinum CD cut: 600,000 units x $.091 per unit = $54,600 400,000 units x $.068 per unit = $27,200 (Record Club sales) TOTAL = $81,800 Split between all writers and publishers
Performance Royalties FROM TOP FIVE COUNTRY RADIO HIT $500,000 split between 2 writers and 2 publishers ($125,000 each).
Totals: Writer One: $125,000 (Performance) +$20,450 (Mechanical) =@ $145,000 Publisher One: $125,000 (P) +$20,450 (M) =@ $145,000 Writer Two: $125,000 (P) +$20,450 (M) =@ $145,000 Publisher Two: $125,000 (P) +$20,450 (M) =@ $145,000
2.b Two Writers, One Self-Published Totals: Writer One Owns Publishing: $250,000 (P) + $40,900(M) = @ $291,000 Writer Two: $125,000 (P) + $20,450 (M) = $145,400 Publisher Two: $125,000 (P) + $20,450 (M) = $145,400
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