Dude dropped some real gems here. 💯 To address the interviewer who was asking why you would give up the 30% for $250k. In addition to maybe being in a situation where you might need the money, another reason may be that when a REAL publisher has a piece of a hit song they aren’t just sitting on it. They are working it. Licensing it for sync in movies, tv shows, commercials etc. As a producer or writer, you might not be inclined to do all of the legwork that’s required for licensing a hit song or you just may not have the knowledge or resources to do it. A real publisher does. And anybody that’s offering you $5M is a REAL publisher lol. So they can add value to your song. So let’s say you have one hit and over the life of your career, your song will generate $1M that you keep all to yourself. And that’s if you never do any working of the song. Not pursuing licenses etc but just taking whatever falls in your lap from your song. Now put a publisher in the picture that’s working the song. Even if the lifetime earnings only increases to $1.5M (that you now have to pay the publisher 30% of- which is $450k) it was still a good deal for you to take $250k upfront to give the publisher 30%. Because they added value. In the scenario where you did nothing after making the song you put $1,000,000 in your pocket. In the scenario where you still nothing, but the publisher came in and worked it, you earned $1,050,000 in your pocket. And this is using small numbers. If you’re being offered numbers like $5M for ownership and $250k for a piece, the real backend numbers are going to be way higher and everybody is going to be eating well- especially YOU because you’re making 70 cents of every dollar coming in!! ✊🏽✊🏽🙌🏽
This had me thinking about Kreayshawn, who told her fans to stop streaming "Gucci Gucci" cause she gets $0 from the streams, but she gets roughly $100 every 3 months from ASCAP... I'm guessing that's an example of an artist who gave up all their publishing (Edit: God damn! That song's still getting 26M streams on Spotify, even 10 years later)
Nah he was saying he would hold on to 70% meaning he is still getting payments on his ownership just not as much but in return gets cash on the spot which is good for young producers as long as they retain owner ship. Essentially it’s like you have a job as a chef and get paid from it but you make a fire recipe and they say they want to buy it from you and keep all the money from selling it but instead you tell them no I’m good but I’ll let you sell it in the restaurant for a chunk of money now and keep my job and take a some of the money the restaurant makes from selling it. Most chefs (producers) sell the recipe(song/beat publishing rights) for a big payout not realizing letting them use the recipe (leasing) will make them more money in the long run because they only see the big payout up front and (want/have need) for the money now because of their situation goals or desires
The Ghostwriterz im not judging you bro. I just thought it was funny. Most people too stuck up to admit they have a job. This real life we talkin about. Keep grinding bro. I support. Your life can change in a 1 second. 💯🦾💯
Producers are considered writers therefore the rates are the same for producers stop misinforming producers, by law there is nothing that separates producers from writers
Thats a book about publishing a book for all you dummiess that might buy it thinking its about the music business . But if your writing a book i hear its actually pretty good.
Imagine wham and thos other guys who had them Christmas number 1's in the 80s bro....Jeeeez….It's always a fuckin epic Christmas for whoever owns that shit
"Knowledge is power" this channel is a whole 💯
Fa real
Dude dropped some real gems here. 💯
To address the interviewer who was asking why you would give up the 30% for $250k. In addition to maybe being in a situation where you might need the money, another reason may be that when a REAL publisher has a piece of a hit song they aren’t just sitting on it. They are working it. Licensing it for sync in movies, tv shows, commercials etc. As a producer or writer, you might not be inclined to do all of the legwork that’s required for licensing a hit song or you just may not have the knowledge or resources to do it. A real publisher does. And anybody that’s offering you $5M is a REAL publisher lol. So they can add value to your song.
So let’s say you have one hit and over the life of your career, your song will generate $1M that you keep all to yourself. And that’s if you never do any working of the song. Not pursuing licenses etc but just taking whatever falls in your lap from your song. Now put a publisher in the picture that’s working the song. Even if the lifetime earnings only increases to $1.5M (that you now have to pay the publisher 30% of- which is $450k) it was still a good deal for you to take $250k upfront to give the publisher 30%. Because they added value. In the scenario where you did nothing after making the song you put $1,000,000 in your pocket. In the scenario where you still nothing, but the publisher came in and worked it, you earned $1,050,000 in your pocket. And this is using small numbers. If you’re being offered numbers like $5M for ownership and $250k for a piece, the real backend numbers are going to be way higher and everybody is going to be eating well- especially YOU because you’re making 70 cents of every dollar coming in!! ✊🏽✊🏽🙌🏽
Thank you for the great explanation on the benefits of signing a publishing deal. I knew there had to be more to it than JUST the upfront money
Damn this was everything I needed to know about publishing in 12 minutes 👌🏾👌🏾👌🏾👌🏾👌🏾👌🏾
Favorite episode yet. Keep that 1% style thinking going. Good stuff fellas.
Y'all keep dropping real sh.t I've been learning a lot!
Playing the long game
Darius Long got to. 💯💯💯
This had me thinking about Kreayshawn, who told her fans to stop streaming "Gucci Gucci" cause she gets $0 from the streams, but she gets roughly $100 every 3 months from ASCAP... I'm guessing that's an example of an artist who gave up all their publishing (Edit: God damn! That song's still getting 26M streams on Spotify, even 10 years later)
Going International , great interview
Y’all are literally the cheat code 🙌🙏
This is literally what I talk about all the time ownership is everything 💯💪🏾💵
Well done lads. Another great interview.
A great conversation on a great topic. Informative
You guys are on it.
What he was saying about the 30% for 250k is that it's a lease. For 5 years they own 70% of the publishing. Instead of selling it for 5 mil 9:40
Nah he was saying he would hold on to 70% meaning he is still getting payments on his ownership just not as much but in return gets cash on the spot which is good for young producers as long as they retain owner ship. Essentially it’s like you have a job as a chef and get paid from it but you make a fire recipe and they say they want to buy it from you and keep all the money from selling it but instead you tell them no I’m good but I’ll let you sell it in the restaurant for a chunk of money now and keep my job and take a some of the money the restaurant makes from selling it. Most chefs (producers) sell the recipe(song/beat publishing rights) for a big payout not realizing letting them use the recipe (leasing) will make them more money in the long run because they only see the big payout up front and (want/have need) for the money now because of their situation goals or desires
Man this channel inspired me to get back in the kitchen.
Bro Y’all really for the Culture 🥺🔥🔥
only channel where i like the vid before before it start 💯
Super helpful video S/O Producergrind 2.0
Real talk lit 🔥
Lit 🙏🏾bro
damn thats why a lot of musicians are broke.. still need my job at IN-n-Out then lmaoo
The Ghostwriterz Lmfaoooo
@@TimmyDahitman maybe not fo u bro, u got lots of subscribers. but i only got like 50, so gotta keep flippin them patties
The Ghostwriterz im not judging you bro. I just thought it was funny. Most people too stuck up to admit they have a job. This real life we talkin about. Keep grinding bro. I support.
Your life can change in a 1 second. 💯🦾💯
The Ghostwriterz just subscribed to you
@@Leetcodegirlca all of those numbers were 0 at some point. Dont give up !!
💯💪🏽❤️🔥 he giving away game I currently learning this. He dropping Str8 facts, facts str8.
Producers are considered writers therefore the rates are the same for producers stop misinforming producers, by law there is nothing that separates producers from writers
A writer writes a song a producer creat and put entire production together don't confuse people ur write up
💎💎💎💎
The Real Estate Music Company
Thats a book about publishing a book for all you dummiess that might buy it thinking its about the music business . But if your writing a book i hear its actually pretty good.
They saw my comment and changed the pic. People do read thier comments .Shout out to Producergrind big fan of the work you guys doing !
Donald passman all you need to know about the music business
🗣🗣🗣
Do I have to LLC my producer name
Yes, this protects your intellectual property and shields from frivolous liability attempts.
Bro that's chance the rappers lil brother
big uzi
Imagine wham and thos other guys who had them Christmas number 1's in the 80s bro....Jeeeez….It's always a fuckin epic Christmas for whoever owns that shit
Give me a billion and we split everything for 30 yrs
Streaming is the new slavery:
Spotify: 6.9 cents per $1.. ($690 for 1 mill streams)
COPYRIGHT EVERYTHING, MAINTAIN YOUR RIGHTS ALWAYS, DO YOUR FKN RESEARCH ON PUBLISHING AND ROYALTIES
In the US, everything is already copyright if you are the creator.
@@iOWNyouFOOLaskYOmama then wats sound exchange for ? .. Thought they did that there ..
lil uzi has a clone
What's this dudes name??
I'm a call him Jewels
I dont understand fucking nothing with the way he speak damn it!
Same man. I hate accents smh
Ali G wanna be
if U need 12 minutes to understand, you can't do business.
5:16 #liln3g1