Legal Dollaz
New member
And the project's A&R (or himself) ask you how much you want for the track (upfront advancement fee) and points for the record what is your answer?
lmaooooooPlay Ether while moonwalking out the studio lol
I'd ask what they normally compensate for unknown producers, take half of that, and push for more points on the record for the back end royalties.
And they tell you there is no 'standard' fee for newbies, every situation is different. So then what is your cost and points?
i'd probably do 3-4k advance and 5% royalties
if they say they'll give me 5 or 6% if i take a lower advance, i'll do it
Truthfully though I'd say "Let me talk to my Lawyer" Then I'll come up with some type of plan
i'd probably do 3-4k advance and 5% royalties
if they say they'll give me 5 or 6% if i take a lower advance, i'll do it
Ok that sounds reasonable
I made this thread because so many producers aspire to be in that position but are really not prepared so its something to think about because in this digital age you can go from being a producer with little to no discography pushing their tracks out there to being in negotiation with some of the biggest acts in the game in the matter of 24 hrs.
When opportunity knocks on your door are you ready?
Ok and here comes 'the slip':
Roc Nation ALSO wants half of your producing publishing (he's already getting the lyric half by default) just because he can. Do you go with it or do you tell your attorney to completely strike it out in his first mark up of the contract or do you meet him half way (which comes up to 75-25 in favor of Jay-z assuming no other writers or sample clearance scenario)?
damn, LOLOL shit i'd probably meet half way
A Jay-Z album? Guaranteed million plus seller, one of the few guys that can actually recoup out here...
$7k advance, 50/50 split on the pub, and 1-3% on the royalties.
Jay's name on my resume is gonna mean alot more than that little piece of money up front. Plus he'll recoup, so that means some back end coming in.
Plus it's damn near guaranteed to generate performance and sync pub. It'll be all in movies and commercials, as campaigns and definitely in heavy rotation at the new Brooklyn Nets arena.
If its a single, we can negotiate even lower numbers.
This is me being optimistically realistic. But I figure start high so I have a place to move.
If I was being a real dick, I would take a red pen to all the fcukery in the contract, but I know that'll never fly, so what's the use? lol