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Old 12-08-2008, 10:47 PM   #1 (permalink)
Groupie
 
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Default Leasing Copyrighted Music

I've a chance to let another group record one of my copyrighted songs to their new album as a cover.

The problem is, i don't know what to charge to lease my song to them and still retain the rights.

also, they are offering me a share in the profits of the cd's they sell.. so how do i go about coming up with a percentage for that?
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Old 12-08-2008, 10:52 PM   #2 (permalink)
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get a lawyer

if it's not worth that cost, it ain;t worth fussing over.
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Old 12-08-2008, 11:01 PM   #3 (permalink)
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i've known the musician for 6 years or so. are you sure that i should lawyer up? and if so, are there specific lawyers for this type of situation.
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Old 12-08-2008, 11:17 PM   #4 (permalink)
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Originally Posted by Bandoptions View Post
i've known the musician for 6 years or so. are you sure that i should lawyer up? and if so, are there specific lawyers for this type of situation.
Yes there are, contract lawyers, just to make sure if the song goes big, you get a fair cut and if not it does not cost the band an unfair amount. If you trust the musician then just ask for a fair cut based on revenue generated, but without a lawyer, it's a risk you'll have to be taking.
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Quote:
Originally Posted by cardboard adolescent View Post
i prefer foreplay. the orgasm is overrated.
If you're posting in the music forums make sure to be thoughtful and expressive, if you're posting in the lounge ask yourself "is this something that adds to the conversation?" It's important to remember that a lot of people use each thread. You're probably not as funny or clever as you think, I know I'm not.

My Van Morrison Discography Thread
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Old 12-09-2008, 08:19 PM   #5 (permalink)
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There is some association by the name of COMPASS, no?
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