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Hey guys,<br>
Earlier this year I worked on some tracks with a guy that I met
through a mutual friend, one of which you can listen to <a
href="http://soundcloud.com/dego/adrian-lenz-go-get-it">here</a>.
Our relationship was simple and involved me writing some music and
him putting lyrics to it and vice versa. It was fun while it lasted
and it was good experience working with him. One track that we
toyed around with was one that I wrote a few years ago. I was never
happy with whatever lyrics he put to it as I really like this
particular track and at the time didn't want anything half assed
done with it. The stuff he wrote at the time was woeful and I told
him so.<br>
<br>
Recently he got in touch looking to buy that track from me so he
could work on it himself. After giving it much thought I replied
saying that I would only lease the track to him with the conditions
that I retain the copyright and get a percentage of any future
royalties made from whatever song he produces using the track. I
also mentioned a legal contract to avoid any future confusion and
asked him to go and research things at his end and then come back to
me with a fair offer for the track.<br>
<br>
So, my questions to you guys are if you have had a similar
experience, am I going about it the right way and what would be
considered a fair offer for a five minute track?<br>
<br>
All feedback is appreciated.<br>
<br>
Declan.<br>
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