Leasing Music

[Joost Schuttelaar]

Careful with things like: I want X percent of royalties and then it's fine, because he could engage in a contract where there are no royalties. I'd say to just keep the copyright and tell him to go for it, and when there is any kind of deal on the table for him — when things get out of the hypotheticals — to get in touch with you. Trust is better than big contracts when the future is quite unclear, especially when in a case a deal comes through you both need each other.

PS: No experience at all ;)

-- 

Joost Schuttelaar
The Hague, NL

On 16 nov. 2012, at 10:44, Declan Gorman <declan at degomusic.net> wrote:

> Hey guys,
>   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 here.  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.
> 
>   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.
> 
>   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?
> 
>   All feedback is appreciated.
> 
> Declan.
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