So some guy (think he's an A&R) wants to use a beat of mine, will probably be sold quite much (to my standards, which are low), and we're coming to a royaly agreement, for me as producer.
Now it looks like this:
USD $200.- up to first 5.000 copies
USD $50,- per 1000 copies from 5,000 up to 25,000 copies
USD $35.- per 1000 copies over 25,000 copies
Example: For a total of 30.000 copies, the license fee is $200.- + 20x$50.- + 5x$35.- = $1,375.-
Am I being underpaid/overpaid with this agreement? Do I need to change anything?
All input is appreciated.