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« Wal-Mart Exclusives Redux | Main | Trying to Purchase Authenticity »

June 11, 2008

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Yadgyu

Music licensing is a waste of time.

Most libraries will never license a song for you. The ones that do will usually pay no money upfront because they provide a blanket license. You end up getting paid backend royalties. These royalties are pathetically low for cable TV placements (cents on the dollar).

I would advice anyone serious about making a living from licensing music to throw in the towel. The competition is huge and you do not stand a chance if you are over 40 years old. It may hurt to hear such advice, but it is true. Young composers make current sounding music and will work for free just for the excitement of hearing their music in the background of “Keeping Up With The Kardashians”.

Anyone who has licensed music for more than 10 years can tell you that their earnings from royalties are going down and the upfront payments are all but non-existent. If you have a few thousand songs sitting on your hard drive, you stand half a chance of making a few hundred dollars a year. Anything less will net you enough money for a few items off of the McDonalds dollar menu every three months.

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