Such a great paycheck.
July 8, 2005 5:37 AM
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I was crushed to hear the Iron & Wine version of
Such Great Heights played over an M&Ms commercial last night. Who's getting paid, and how much?
The original is by The Postal Service. I didn't even know the I&W version existed until last week, when I found out it was included on the
Garden State soundtrack. I'm curious who is getting paid for these two commercial uses. The Postal Service for writing the song? Iron & Wine for performing it? Do they get paid each time the ad airs? Who gets paid more?
An even deeper question: I was playing The Postal Service version for a friend, and she said it sounded familiar, but could not place it. Then she recognized the I&W version. After some research we found that the
Garden State trailer used the original version, but the I&W version in the movie. Why? Was it just aesthetics?
posted by OmieWise to media & arts (16 comments total)
Synchronization master use - I&W's record label recieves the money because it is their "master" recording that is being used, and then pays out to the band depending on the artist agreement. Rarely do artists own their own masters (Ray Charles is one of the first, and only to do so)
Synchronization composition use - The song writer's (Gibbard/Tamborello) music publisher recives the fee, then pays out to the songwriters based on their agreement (usually 50% of the monies received).
Fees range from $10,000-$1,000,000 depending on usage, amount of airings, and thousands of other factors. Who gets paid more is often a direct result of which party is the better negotiatir. There are generally industry standards for major labels/publishers, but independant labels ofted have a larger range of negotiation. It's usually negotiated between the publisher- ad-agency/3rd party clearance house and label-ad-agency/3rd party clearance house
Performance right - BMI (Gibbard/Tamborello's PRO) will pay the music publisher a fee depending on how many times the song is broadcast. This is usually done through a combination of sampling TV stations all over the US and music cue sheets provided by production houses or networks. This fee is either paid annually or quarterly. Each TV station/network pays a yearly fee to all 3 PRO's (SESAC,BMI, ASCAP), to cover these payouts. Check www.bmi.com for more info.
posted by remlapm at 6:47 AM on July 8, 2005