Is this a normal offer for licensing a bit of music?
July 31, 2012 6:55 AM Subscribe
A big media company wants to license a recording of my old band to promote an online role-playing game. Can you help me disambiguate the terms of the offer, and tell me if the money sounds standard?
posted by Beardman to Media & Arts (11 answers total)
Our band wrote, recorded, and self-released the song. The company wants to use it for "background instrumental (no vocals), up to full use within trailers, advertising and promotions, including excerpts and clips therefrom."
Then they say their offers are as follows: $1,500 for use "via the Internet only, worldwide, in perpetuity"; and $2,500 for "option for all broadcast media, worldwide, in perpetuity."
Question about the meaning: do you think that the $2,500 includes the $1,500? Or is it in addition (for a total of $4,000)?
Question about the money: is this offer pretty much normal for this kind of thing? I have no idea. (If it's relevant, the company is a worldwide household name, and the online game is also big.)
To be clear, we're not expecting to make a fortune here. I just want to check if this is standard fare for licensing a song forever. Any input would be appreciated. (I know, you are not my/our laywer.)