Would be interested in various opinions regarding composer commissions to their representatives.
To start, here is my understanding of some “typical” commission info:
1. RATES ON CREATIVE FEES
2. RATES ON PACKAGES CAN BE HANDLED DIFFERENTLY:
a. 7.5%-15% of Gross Package
b. 10%-20% of Net Package
3. THINGS THAT ARE TYPICALLY COMMISSIONABLE AT 10%-20%:
a. Publisher’s Share of Publishing Income
b. Writer’s Share of Publishing income (less common in film/TV)
c. Record Royalties and Advances (Artist/Producer/Mechanical)
d. Box Office Bonuses
e. Deferred Income
f. Profit Participation
g. Negotiated publishing and PRO Advances
h. Synch/Master Licenses
i. Print Music
4. BUSINESS MANAGERS TYPICALLY COMMISSION ALL OF THE ABOVE (including Writer’s Share) at 5%.
5. LAWYERS WORK DIFFERENTLY AS FOLLOWS:
a. 5% Commission on all of the above (including Writer’s Share share)
b. Flat deal per contract
c. Hourly Rates
FROM YOUR EXPERIENCES, ARE THESE COMMISSIONS “TYPICAL”?
WHAT ARE YOUR THOUGHTS ON ALL OF THIS?