Totally. I LITERALLY have people right now that have had like 17 revisions and another artist at the same time who only took 2 revisions and loved it. You have a valid argument there... I've even had the former 3-5 revisions in, send me new vocals for a section 'cause they actually didn't like their own performance... they need a producer but are too cheap to do that
It’s all providing a service….. at least as it relates to recording, mixing, mastering, & production….. so the client interaction & payment structuring is pretty much identical across the board 🙌🏽 I do agree that writing music and creating your own art is a different thing…… and as an artist, you would be Colt’s client- where Colt is the service provider- (hence the need for structured billing/invoicing ;) Rock On 🤘🏽
Yo Colt ... U have touched many of us and I personally thank you! Being a self recording saxophonist & mix engineer, I've learned tons from your content. Still planning that fabric wall!!
After waiting for 6 months to get paid from a major label I went to their office on the Row and literally sat in the office until they brought out a check. I started discounting label projects if they paid me within 7 days. That worked!
This is a big part of why I gave up taking outside work and just work with friends and acquaintances now. No, I'll never get to quit my day job, but at least I'll get to do projects I enjoy, and my chances of getting paid will be right around 100%. I respect the heck out of all of you who are able to take the frustration of outside projects and make it work day to day.
Great video man. I give you a lot of credit for taking this topic on and being so upfront about it. Also letting the new guys know what your charging clients will help to give them the confidence to charge their clients what they feel they are worth. It’s very hard sometimes for anybody working for themselves to know what their time And skill is really worth, especially in the music business. Just try and remember you’re not just charging for the time it takes to finish the project but all the years of hard work learning and perfecting your skills. Don’t undersell yourself
My rule is all projects start with at least one Pre-roduction meeting or conversation. The project is outlined and the time required is estimated. I book nothing without a 50% deposit and signed production agreement clearly stating all terms. We book the time and as we work through the deposit, we reevaluate our progress and then discuss further payments. This keeps all parties focused and aware of what has been done vs how much has been spent. This has solved all of the issues I ever had to deal with before.
I'm happy to hear that i'm not the only one who spend 15 -20 hours on one project. the most tells here on youtube to mix fast in one hour and so on......great video Colt
Really cool to hear about your revisions policy. I'm currently where you were - offering unlimited mix revisions as part of my client pitch - and I know a lot of engineers struggle with this! As someone with half of the years you do in this industry, it's also very validating to hear your ballpark price figures and mix policy. Gives me hope that in another ten years I'll be at more of a self-sustaining place with my clientele, money, and caliber of work. Thanks as always for the videos!
Thanks for being transparant about your pricing and payment structure! Makes me feel more comfortable charging what I feel is a fair rate when so many others in my city are racing to the bottom. I've had a 50% Upfront/50% On the first session payment model for a few years after being burned, and its the best way to avoid headache clients.
I also use a system similar to your deposits. I have a “signing bonus” of 10% of the total fixed costs (ie - ignoring the royalty payments if applicable). If I am producing, mixing, and mastering, then 10% of that entire fixed amount is due at signing. Then, as each stage is completed (ie - producing, mixing, mastering), then a subsequent payment is made to advance to the next step. You will not get the file without paying me. For dealing with labels, I have both an incredibly specific payment schedule and a liquidated damages clause. It is incredibly expensive for them to not pay me on time
Good process mate! Lots can change in the midst of a project and you need to protect yourself. I learned this same lesson early on. Take a deposit that must clear before any work is done. And then have the remainder of your fees due upon completion, but before you deliver the final work. You gotta be business savvy in this field. Thanks for putting this out there.
Colt thanks for this review. Anyway have been repped some many labels and individual artists, I am currently charging 50% upfront payment b4 work for any label or artist. The crazy thing here in Nigeria is that some label and A-List Artist want u to me to mix and master a project with get paid. When I talked about pay dey just gost me. That is what most we Nigeria mixing engineers get all the time and it is crazy. Currently, I did a job for an A-list artist this song it out blow up and am not yet paid. 😂 have been calling the artist and his management for weeks now no response. What should I do pls?
I'll share one story...after getting burned a few times I started bouncing two versions of the master...one with random bursts of white noise added in throughout every segment of the song so that they couldn't possibly re-edit an unpaid version on their own, and a final clean production version. I had one client that wanted to come to pay, and pick up her master proofs in person. She lived two hours away. She shows up at the door and says...oh...I actually don't have any money to pay you right now, but I can send you the money within a week. I said "oh, that's fine...I'll just give you the white noise versions so that you can listen to them in the meantime until the final payment is made"....she gives me this weird look, and says....just a minute...let me check something....goes out to her brand new fully loaded dodge pickup truck and comes back with the full payment amount IN CASH!!!! But yeah...now I follow a similar "deposit, pay as you go" method too.
I am just about to enter the world of mixing as a paid service and this was the first thing I was thinking about. Just give them like a half song or white noise so they cannot run away.
I like the idea of adding white noise in segments of a song which renders it unusable until payment is made. This way the client get's to hear the quality of the mix/master. White noise is a brilliant idea.
@@belgradeboy1977Same here, I thought about doing that, or giving them a low quality MP3 of the track until they can pay for the master. I have a ways to go though, but this is all great advice.
When I've had not a lot of work on, I enjoy the workflow, so I've spent multiple times the number of hours required on a project so that I can look impressive and get someone's work where I think it could get to. No client cares.. they only see the result, not the effort put in. If you're going to send masters pre-payment, add a watermark or a half second of noise somewhere in the track. The hunger.. man, I've felt that so badly... I didn't want to give up on my dream of working in music in some capacity and being forced to go back to office work or something without creativity. I just die inside those types of job. So, I've accepted the lowest of the low knowing I'm worth so much more in skills and my work. Worst thing all - is accepting those jobs and THEN arguing with an artist on top when they send you junk or badly recorded stems and expect you to turn it into a masterpiece when it's just not possible. Someone I used to work with a lot, no matter what I tell her, she is convinced her stuff sounds great recorded and I just don't know what I'm doing. Shit in - Shit out - its a solid gold rule that you cannot fix under any circumstance. I think we will never work again because she thinks I'm not good - She showed me a track someone else produced for her expecting me to be impressed and I said.. uhhh, yeah, it's good, but also literally nothing you sent the mixer is in there, except for your voice, the rest is completely remade by the producer. Insane...
I’m not even involved in music, professionally - but I’m a realtor growing my business. This is helpful information, even just for me, to be aware of how to work with clients and protect yourself! This is great Colt, really appreciate you being transparent and trying to help other professionals in your industry!! 👏
I think your rates are really fair and the model is very reasonable - and really like you work mostly with independent artists - having followed you for a while now - that is definitely impressive and cool at your level!
Thank you for your perspective. As somebody who is about to embark on mixing and mastering as a career, these first-hand stories are important to hear to avoid financial mistakes.
so happy to hear that’s how you run the payment system. I implemented this when i went full time in 2020 and its allowed me to keep money consistent all these years
The system of only working with maximum 3-songs in session is what I always want to do. When the ground is recorded Bass- drums- Rhythm Guitar-scratch vocals- backing keyboards. You Immediately want to record anything solo related- lead guitar lead vocals lead keyboards. Most bands can only cut 3-songs in a weekend 2-3 working days whit high standards. If the tracking sessions go well you immediately want to start basic mixing and laying down extended overdubs . I think the system of only 3 songs at the time is the best way to secure successful sessions. Money upfront is the best way but only for tracking sessions. The next part is solo overdubs. Then basic mixing and extended overdubs. Last part is Mixing-mastering and printing of the 3-songs. Breaking up the payments into 5-parts is maybe a bit complicated but once you get that into a system it,s the best and most secure way of doing it. Also it gives the band choices for how and where they want to work.
Great advice, and something I always wondered about. One thing I'm surprised about is how low your prices are at your level. I've always wondered what happens if you do work with one one of these artists who are on a label or indie, and the song, which you produced, played on and even mastered becomes a hit. I'm sure you get the benefit of gaining clout (assuming you get all the proper credit), but when working with certain people is there a way to somehow sign a contract where royalties can be made, or is that only with the major producers? I've heard of major producers taking a flat rate and some taking a lesser rate and more points. I dont know how this works though with producers that aren't well known. Anyhow, great video!
Thank you Colt, you've helped me solve a lot of sh.... in my head and believe you've pointed me in the right direction. Thank you, you're very appreciated.
I just had a client steal a mix from me by just taking the last version of the song as an mp3 and using some free online service to master it and release it without telling or paying me, despite our agreement... they will find a way to cheat if they're shitty enough a person, master or not
@@warpacademy yeah, it didn't feel good when I found out... but I've consulted with a bunch of colleagues and concluded that this is a rare instance and not to treat other artists like they're potential thieves by watermarking mixes and all that... there's a balance and fine line to walk with this, of course
Even when I do my COVERS for YT… I don’t share w/ Friends, relatives that want to see/ hear how it’s coming out. Like I said before I send them a QUICKY 1-2 Measure or Bar just to shut them up. Again I’m just doing this as an Expensive Hobby so you guys that have paying Clients just take precautions. 👍🎚🎧
I think you're very reasonable in your pricing. I produced with a similar approach, and was always booked solid, 35 yrs ago, and my average rate was $1000 per song. I am assuming the deposit that 'puts them on the calendar', is also covering them not showing up for session? I believe that clients need to commit to the time they book into your studio, so you're not sitting in an empty studio, when you could have had another client in that day. Keep up the great work you're doing Colt! Even old guys like me are constantly learning from folks like you.
very similar to my methods Deposit to book tracking/production Deposit before mix. Final payment before master goes out the door. Test tracks have white noise bursts about every 20 seconds.
Back in the 80's we learned with rappers to get paid as we go, when they ran out of money we stopped, if they wanted more, they had to pay up front. Later though when I started working in film, I broke things down in 3 payments. One third up front, one third halfway through and one third on delivery. Now that I am doing just mixing I get paid up front. I have always found it easier if the client knows what we are doing and the time frame, give or take.
For a couple years, I was working with a lot of Christian artists: contemporary Christian, worship music, rap, etc. It was unbelievable the number of artists that were scammy and didn’t pay.
Happens, there's a curve to learning to manage a studio for sure. Wish I'd seen this when I started, won't learn it in school good advice bro ty. I'm also independent, an broke lol or I'd flip ya a tip. Sorry literally stuck on the side of the road atm.
I use to do a lot of backing tracks in the 90s and into the 2000s and there were times when I got ripped off after giving the master to the client and then not getting paid. I learned my lesson very quickly by simply not giving the final product to the client up until they'd paid me in full!
The more I follow you the more I find the similarities - it does not matter what business you are in as it applies for most of businesses where dealing with general public. Thanks for sharing
This is a bit off topic but this issue with providing a service and getting ripped off is not new. Back when I worked for a managed service provider we always had to deal with companies not paying their bills for the tech service we provided for them. One client in particular had to be cut off from support a few times until they could pay up! There are a lot of dynamics at play when it comes to business transactions so always require a deposit. Also, don't undersell yourself and be cheap. My dad did that with his carpet cleaning business and it just attracted cheap ass clients with huge messes.
Great information, thanks for sharing. I've been burnt so many times by people not paying / waiting forever to be paid. And thanks for the transparency about your rates.
For labels just have two prices - charge double and then offer your normal (originally intended) price as a "pay within 4 weeks" rate - that way you get the accountants interested, all big companies are run by accountants. What about discounts for points? Or do you never expect royalties?
I did work for Innerscope and didnt get paid for a few years, I actually gave up on it after dozens of calls. One afternoon while at my local pharmacy I see the President of Innerscope on line and confronted him since the deal was made with him at his home. He paid me in full in cash out of pocket. We coincidently sat near each other at the Motown Anniversary awards several years later.
i think i haven't ever got ripped off in the way that people refuse to pay or even ghost me. but i surely often get into the situation where i work for someone for not enough pay
Deposits are technically/legally refundable. "Retainers" don't have to be refunded. Think about how you word this. Learned this while I was in the photography biz from a national association.
Man this has been on my mind too lol, we as producers and engineers get screwed over so much and we usually can’t talk about it cause it makes us look bad
Every studio I've ever worked in demanded payment for the session at the top of the day. No money, no session. Granted they we all\ pretty small 1 room studios, but it worked well. If I'm mixing at home or video editing, its 50% upfront, and balance at release of deliverables (all files). No money, no files. Revisions are billed as more time and the same way, 50% upfront, 50% at delivery... or no files.
2:18 I'm signed to Sony, have been signed to other labels and own my own. I know that what they did was wait the nine months for the publishing to come in (because that's how long it takes to get the first year royalties and then pay you out of that, so it never technically went out of their pocket, though they got to hold the asset on the books the entire time. Classic. Imagine they must still reach their publishing goal for the first three quarters. Haha. You might not have been paid at all. Make a corporate trust that owns your incorporation, which owns the assets(everything in your possession, even your home), and the corporation takes out whole-life insurance for the beneficiaries (where your profits go). You then borrow (cause debt is tax-free) from that Whole-Life insurance to use as capital in your business, return the profits, and keep that circle going. That’s the structure… Because you have such thorough booking keeping that is registered, you can then have a very structured record of assets and liabilities which helps when auditing for your royalties and never really being fucked with due to their fear of an actual corporate structure coming after them, knowing how well you're protected.
I had no idea it costs so much these days for a single. I guess you pay for a quality result. I haven’t been in a studio since the 80’s so it’s interesting learning more about today’s challenges with running a studio
Thank you, Colt! I am trying to get the biz operating in Russia these days, and with the uniqueness of location comes the myth of "Russian rates" which really is, as it turns out, just a myth. ;) I will be adapting the thoughts you said here to what I do. I usually record classical and choral sacred music, but I do EDM and soft rock on my own time, too. All the best!!
Watched the beginning and right as I thought, “he should charge a non refundable retainer to book him”, you mentioned a deposit. One thing to note: I was told 15 years ago or so to always get a non-refundable RETAINER to book me, not a deposit. Deposits can be, and are supposed to indicate, being refunded. However, a retainer cannot. In order to book me, folks have to have at least 30-50%, generally 50%, so that way it keeps us both accountable for the event/booking/etc. I can’t tell you how much it has helped, especially when folks cancel for any reason. Plus, if if waive the retainer, there’s still a 50% cancellation fee so I’m never going to be broke. Because as my grandpa always said, “as long as they owe me, I will never go broke.” He unfortunately had all his wealth stolen by an evil family member, but otherwise, he would have died and bestowed upon me as his trust, multi millions and assets (including 3 Rolex watches). Basically, trust no one and cover your a$$ (C.Y.A). 😊
I run sound in film/tv. The longest it has ever taken me to get paid on projects have been clients with the most money. Harpo (Oprah’s production company) took over four months to pay me and Fox Sports took almost 6 months to pay me. Now I shift the price into rental and my loan out company’s policy is all rental equipment is paid for in full before leaving the rental house.
musical artists are never people to hold in any esteem - they are some of the shiftiest if not the worst in the whole media industry I have ever worked with. And they usually have a self god complex. So payment always up front .. I'm rather harsh with payments but it's been effective, I ask for 75% of projected costs up front with a detailed road map of what they want and where they want to end up. If they are floundering at ANY of my list of questions I say get back to me when you are ready - and the deposit has to be verified / secured the day we agree to go ahead - and i always try to get the entire spectrum of people involved into my area to do initial listening of what they have and their collective feedback in one meeting . So remote 'online' jobs I don't usually do unless it's restoration audio work or some producer holding onto finished tracks with no further involvement of the group or artists. They have to hear what I'm hearing in the environment I"m in. Excellent topic thanks for sharing your experience.
Sony takes almost forever to pay. It took me threatening the producer with the fact that I wouldn't leave his office until I got paid. Always demand a up front retainer for your work never deviate.
Ghosting in the music industry is a huge problem. People are embarrassed to admit it happens to them but they shouldn’t be - it happens to the best of the best. We really need to start calling this practice out because it’s not OK. Artists, labels, and managers have grown accustomed to getting away with wasting a ton of a producer/writer/engineer/mixer’s time and then ghosting them because they know producers are scared to fight back. It’s really time to start calling this out.
You know, people are bad. We all gotta deal with it. Glenn Fricker exposing Queensryche hurt me so much as it happens to be my favourite band of all time. But as I said, people are bad and we just gotta find a way to prevent bad things from happening to us. Also now I understand why rappers got so much money - they just don't pay for studio time 😂😂😂
Don't know your particulars but Sony has always been on point paying me. So much so that I once got a call from their financial department asking if I had received a check because I had held on to it for a week.
I would also treat them as I do as a General Contractor/Home Improvement… type up Quote & or Contract to show on paper & PDF of Details of what their getting for this Song / Price.
Your structure seems very sound and your rates seem very fair, however I don't know what recording costs really are, but as someone who produced very big music vids in LA in the 90's ( you'd crap if you knew those budgets ha!), that price seems very fair and for the artist to now have something not only to gain listeners but I'm sure to shop in town.... Useable quality value is king.
What is crazy is that most singer songwriters, bands, rappers, will run and ghost as soon as you say 1K per song. Here you are at 2K like it's normal. I agree, it is or at least should be! But damn if the artists look at 10-20K to do a record and freak out. They don't realize that it used to take like 70K minimum for label quality releases.
My experience is I was always working with independents, once I started working with my first big act, they recorded 2 of my songs in an album that went number 1 Billboard on release. The management/owners of the project required me the publishing of the songs on the promise of a tiny advance withing the signing of the document (plus keep working with them). They never put me the contract in front neither the promised advance of 4k. So the album was released without the contract being signed. My family and I were literally starving, rice, beans, corn tortillas, I couldn't afford $900 for rent. The day the album reached number 1, a friend called me and said "dany FUCK THEM ASSHOLES...." that was a shock. I was afraid to lose future posibilities but my family was first. Next day I called 5 majors (Warner, Sony, Universal and Fonomusic), one of them offered me 50K on the signing. The contract was 60% for me for only 4 years !!!!. Then all songs back to my publishing That was a storie I still enjoy and share with my peers.
Here’s how I do it. We estimate the hours required to get to point A and they pay in advance for those hours and no finished product leaves my studio. If you want to send them a demo, put a sonic watermark so it’s useless as a finish product. I do not bankroll any project. If they disappear before the hours are spent, I win. If they can’t pay more to go to B, you don’t do it. It will never be a problem again for you.
I now charge 60% upfront ! If the person really want your expertise, he or she won't mind and you can be sure they will pay the rest when the product is delivered. Good luck !
I think the people that do 20 revisions are just not happy with the song they wrote.
Maybe. But even more likely than that, is they don't like the sound of thier voice on recordings.
@@EricJohnson-fh8zj I should have said, not happy with their own performance.
Totally. I LITERALLY have people right now that have had like 17 revisions and another artist at the same time who only took 2 revisions and loved it. You have a valid argument there... I've even had the former 3-5 revisions in, send me new vocals for a section 'cause they actually didn't like their own performance... they need a producer but are too cheap to do that
Yup, I've always kept the take I liked .. usually first or second and I really never change any of my music 🙂
Nailed it. I watch this happen all the time - OR they have the attitude that you’re also the song/arrangement editor as well as engineer.
Wow. This is the most practical-transparent-straight to the point-video on rates I have ever seen a producer/mixer make lol. Thank you.
I charge 50% up front, then 25% when the design is approved and website working. Final 25% on delivery. Works much better than the early days.
We aren’t building websites, we’re making music!
@@officialWWMAnd yet somehow the process of getting paid is the same.
It’s all providing a service….. at least as it relates to recording, mixing, mastering, & production….. so the client interaction & payment structuring is pretty much identical across the board 🙌🏽
I do agree that writing music and creating your own art is a different thing…… and as an artist, you would be Colt’s client- where Colt is the service provider- (hence the need for structured billing/invoicing ;)
Rock On 🤘🏽
I agree...charge 50% deposit.
Like my websites, 25% up front, 25% at first milestone, then 50% before final delivery.
Yo Colt ... U have touched many of us and I personally thank you! Being a self recording saxophonist & mix engineer, I've learned tons from your content. Still planning that fabric wall!!
After waiting for 6 months to get paid from a major label I went to their office on the Row and literally sat in the office until they brought out a check. I started discounting label projects if they paid me within 7 days. That worked!
So you just got bullied into a discount? Don’t sacrifice your value due to other people’s shitty business practices.
@@ClintMoody boost the price so the discount is regular price.
Yes. That's exactly what I did. I boosted the price so the discount was "normal ".
My payment method is up above, but I like your style. That's a good idea if you're working with a bigger label.
How much you charge do you have a Instagram I have two project need mixing
This is a big part of why I gave up taking outside work and just work with friends and acquaintances now. No, I'll never get to quit my day job, but at least I'll get to do projects I enjoy, and my chances of getting paid will be right around 100%. I respect the heck out of all of you who are able to take the frustration of outside projects and make it work day to day.
Great video man. I give you a lot of credit for taking this topic on and being so upfront about it. Also letting the new guys know what your charging clients will help to give them the confidence to charge their clients what they feel they are worth. It’s very hard sometimes for anybody working for themselves to know what their time And skill is really worth, especially in the music business. Just try and remember you’re not just charging for the time it takes to finish the project but all the years of hard work learning and perfecting your skills. Don’t undersell yourself
My rule is all projects start with at least one Pre-roduction meeting or conversation. The project is outlined and the time required is estimated. I book nothing without a 50% deposit and signed production agreement clearly stating all terms.
We book the time and as we work through the deposit, we reevaluate our progress and then discuss further payments. This keeps all parties focused and aware of what has been done vs how much has been spent. This has solved all of the issues I ever had to deal with before.
I'm happy to hear that i'm not the only one who spend 15 -20 hours on one project. the most tells here on youtube to mix fast in one hour and so on......great video Colt
Really cool to hear about your revisions policy. I'm currently where you were - offering unlimited mix revisions as part of my client pitch - and I know a lot of engineers struggle with this! As someone with half of the years you do in this industry, it's also very validating to hear your ballpark price figures and mix policy. Gives me hope that in another ten years I'll be at more of a self-sustaining place with my clientele, money, and caliber of work. Thanks as always for the videos!
Thanks for being transparant about your pricing and payment structure! Makes me feel more comfortable charging what I feel is a fair rate when so many others in my city are racing to the bottom.
I've had a 50% Upfront/50% On the first session payment model for a few years after being burned, and its the best way to avoid headache clients.
I also use a system similar to your deposits. I have a “signing bonus” of 10% of the total fixed costs (ie - ignoring the royalty payments if applicable). If I am producing, mixing, and mastering, then 10% of that entire fixed amount is due at signing. Then, as each stage is completed (ie - producing, mixing, mastering), then a subsequent payment is made to advance to the next step. You will not get the file without paying me.
For dealing with labels, I have both an incredibly specific payment schedule and a liquidated damages clause. It is incredibly expensive for them to not pay me on time
Good process mate! Lots can change in the midst of a project and you need to protect yourself. I learned this same lesson early on. Take a deposit that must clear before any work is done. And then have the remainder of your fees due upon completion, but before you deliver the final work. You gotta be business savvy in this field. Thanks for putting this out there.
Colt thanks for this review. Anyway have been repped some many labels and individual artists, I am currently charging 50% upfront payment b4 work for any label or artist. The crazy thing here in Nigeria is that some label and A-List Artist want u to me to mix and master a project with get paid. When I talked about pay dey just gost me. That is what most we Nigeria mixing engineers get all the time and it is crazy. Currently, I did a job for an A-list artist this song it out blow up and am not yet paid. 😂 have been calling the artist and his management for weeks now no response. What should I do pls?
I'll share one story...after getting burned a few times I started bouncing two versions of the master...one with random bursts of white noise added in throughout every segment of the song so that they couldn't possibly re-edit an unpaid version on their own, and a final clean production version. I had one client that wanted to come to pay, and pick up her master proofs in person. She lived two hours away. She shows up at the door and says...oh...I actually don't have any money to pay you right now, but I can send you the money within a week. I said "oh, that's fine...I'll just give you the white noise versions so that you can listen to them in the meantime until the final payment is made"....she gives me this weird look, and says....just a minute...let me check something....goes out to her brand new fully loaded dodge pickup truck and comes back with the full payment amount IN CASH!!!! But yeah...now I follow a similar "deposit, pay as you go" method too.
That’s so mean. Do it again😂😂😂
You're a menace
I am just about to enter the world of mixing as a paid service and this was the first thing I was thinking about. Just give them like a half song or white noise so they cannot run away.
I like the idea of adding white noise in segments of a song which renders it unusable until payment is made. This way the client get's to hear the quality of the mix/master. White noise is a brilliant idea.
@@belgradeboy1977Same here, I thought about doing that, or giving them a low quality MP3 of the track until they can pay for the master. I have a ways to go though, but this is all great advice.
Thank you for your transparency. What is your turnaround time on one song?
When I've had not a lot of work on, I enjoy the workflow, so I've spent multiple times the number of hours required on a project so that I can look impressive and get someone's work where I think it could get to.
No client cares.. they only see the result, not the effort put in.
If you're going to send masters pre-payment, add a watermark or a half second of noise somewhere in the track.
The hunger.. man, I've felt that so badly...
I didn't want to give up on my dream of working in music in some capacity and being forced to go back to office work or something without creativity. I just die inside those types of job.
So, I've accepted the lowest of the low knowing I'm worth so much more in skills and my work. Worst thing all - is accepting those jobs and THEN arguing with an artist on top when they send you junk or badly recorded stems and expect you to turn it into a masterpiece when it's just not possible. Someone I used to work with a lot, no matter what I tell her, she is convinced her stuff sounds great recorded and I just don't know what I'm doing. Shit in - Shit out - its a solid gold rule that you cannot fix under any circumstance. I think we will never work again because she thinks I'm not good - She showed me a track someone else produced for her expecting me to be impressed and I said.. uhhh, yeah, it's good, but also literally nothing you sent the mixer is in there, except for your voice, the rest is completely remade by the producer. Insane...
Thanks for sharing Colt. The burn is real. Appreciate the transparency for what has been working better for you. 👊🏼
I’m not even involved in music, professionally - but I’m a realtor growing my business. This is helpful information, even just for me, to be aware of how to work with clients and protect yourself! This is great Colt, really appreciate you being transparent and trying to help other professionals in your industry!! 👏
I think your rates are really fair and the model is very reasonable - and really like you work mostly with independent artists - having followed you for a while now - that is definitely impressive and cool at your level!
Thank you for your perspective. As somebody who is about to embark on mixing and mastering as a career, these first-hand stories are important to hear to avoid financial mistakes.
There is so much integrity in this video! Great job Colt! Also, I once waited 9 months to be paid for a major label release. It was LAME!!! 😂
so happy to hear that’s how you run the payment system. I implemented this when i went full time in 2020 and its allowed me to keep money consistent all these years
The system of only working with maximum 3-songs in session is what I always want to do. When the ground is recorded Bass- drums- Rhythm Guitar-scratch vocals- backing keyboards.
You Immediately want to record anything solo related- lead guitar lead vocals lead keyboards. Most bands can only cut 3-songs in a weekend 2-3 working days whit high standards. If the tracking sessions go well you immediately want to start basic mixing and laying down extended overdubs .
I think the system of only 3 songs at the time is the best way to secure successful sessions. Money upfront is the best way but only for tracking sessions. The next part is solo overdubs. Then basic mixing and extended overdubs. Last part is Mixing-mastering and printing of the 3-songs. Breaking up the payments into 5-parts is maybe a bit complicated but once you get that into a system it,s the best and most secure way of doing it. Also it gives the band choices for how and where they want to work.
Great stuff, I've 100% encountered these issues, its good to hear how other people deal with it!
Great advice, and something I always wondered about. One thing I'm surprised about is how low your prices are at your level. I've always wondered what happens if you do work with one one of these artists who are on a label or indie, and the song, which you produced, played on and even mastered becomes a hit. I'm sure you get the benefit of gaining clout (assuming you get all the proper credit), but when working with certain people is there a way to somehow sign a contract where royalties can be made, or is that only with the major producers? I've heard of major producers taking a flat rate and some taking a lesser rate and more points. I dont know how this works though with producers that aren't well known. Anyhow, great video!
I know producers who have waited up to two years to get paid
Thank you Colt, you've helped me solve a lot of sh.... in my head and believe you've pointed me in the right direction. Thank you, you're very appreciated.
I send TEASERS ( clips like few measures in Verse , Chorus..) NEVER SHARE/SEND over even the Pre_Master.
I just had a client steal a mix from me by just taking the last version of the song as an mp3 and using some free online service to master it and release it without telling or paying me, despite our agreement... they will find a way to cheat if they're shitty enough a person, master or not
@@danymalsound Wow. That's low.
@@warpacademy yeah, it didn't feel good when I found out... but I've consulted with a bunch of colleagues and concluded that this is a rare instance and not to treat other artists like they're potential thieves by watermarking mixes and all that... there's a balance and fine line to walk with this, of course
That a GOOD IDEA by Watermarking the MIX :)@@danymalsound
Even when I do my COVERS for YT… I don’t share w/ Friends, relatives that want to see/ hear how it’s coming out. Like I said before I send them a QUICKY 1-2 Measure or Bar just to shut them up. Again I’m just doing this as an Expensive Hobby so you guys that have paying Clients just take precautions. 👍🎚🎧
I think you're very reasonable in your pricing. I produced with a similar approach, and was always booked solid, 35 yrs ago, and my average rate was $1000 per song. I am assuming the deposit that 'puts them on the calendar', is also covering them not showing up for session? I believe that clients need to commit to the time they book into your studio, so you're not sitting in an empty studio, when you could have had another client in that day. Keep up the great work you're doing Colt! Even old guys like me are constantly learning from folks like you.
Wisdom, right here. Thank you for sharing.
very similar to my methods
Deposit to book tracking/production
Deposit before mix.
Final payment before master goes out the door.
Test tracks have white noise bursts about every 20 seconds.
Contracts are able to help with a lot of problems. Contracts first, then work
Back in the 80's we learned with rappers to get paid as we go, when they ran out of money we stopped, if they wanted more, they had to pay up front. Later though when I started working in film, I broke things down in 3 payments. One third up front, one third halfway through and one third on delivery. Now that I am doing just mixing I get paid up front. I have always found it easier if the client knows what we are doing and the time frame, give or take.
Thanks Colt! That was exactly advice I needed now! Peace, Mix & Master!
thanks Colt for sharing these insights, its a wise approach that should make everyone happy if they are being upfront...
For a couple years, I was working with a lot of Christian artists: contemporary Christian, worship music, rap, etc. It was unbelievable the number of artists that were scammy and didn’t pay.
Well that's not very Christ like of them.
I'd believe it
I’ll be donating your session fees to the local church 😂
Happens, there's a curve to learning to manage a studio for sure. Wish I'd seen this when I started, won't learn it in school good advice bro ty. I'm also independent, an broke lol or I'd flip ya a tip. Sorry literally stuck on the side of the road atm.
I use to do a lot of backing tracks in the 90s and into the 2000s and there were times when I got ripped off after giving the master to the client and then not getting paid. I learned my lesson very quickly by simply not giving the final product to the client up until they'd paid me in full!
I am completely and utterly stunned at how low your prices are.
Sony is NOTORIOUS for this too.
Such a bummer….
Yep, I've been burned by them, and Discovery too
Utmost respect for you and your business model Colt. You earned everything you’ve worked for. Outstanding Sir. 👏🏻
Great insight Colt! Thank you!
Quick question. When you’re producing are you also taking a percentage of royalties as producer? And if so how much?
Unfortunately Sony has a looong history of Zero
The more I follow you the more I find the similarities - it does not matter what business you are in as it applies for most of businesses where dealing with general public. Thanks for sharing
This is a bit off topic but this issue with providing a service and getting ripped off is not new. Back when I worked for a managed service provider we always had to deal with companies not paying their bills for the tech service we provided for them. One client in particular had to be cut off from support a few times until they could pay up! There are a lot of dynamics at play when it comes to business transactions so always require a deposit. Also, don't undersell yourself and be cheap. My dad did that with his carpet cleaning business and it just attracted cheap ass clients with huge messes.
Thank you so much for the great information. So happy I found your channel.
Great information, thanks for sharing. I've been burnt so many times by people not paying / waiting forever to be paid. And thanks for the transparency about your rates.
For labels just have two prices - charge double and then offer your normal (originally intended) price as a "pay within 4 weeks" rate - that way you get the accountants interested, all big companies are run by accountants. What about discounts for points? Or do you never expect royalties?
I did work for Innerscope and didnt get paid for a few years, I actually gave up on it after dozens of calls. One afternoon while at my local pharmacy I see the President of Innerscope on line and confronted him since the deal was made with him at his home. He paid me in full in cash out of pocket. We coincidently sat near each other at the Motown Anniversary awards several years later.
Very interesting approach Colt, great video! keep up the great work.
Thank you very much for this video , I love them all but this helps tremendously as a beginner. Love and respect!!
When you produce a track for a client, do you share rights in the track after its done?
What an amazing point of view! Thank you
Great one Colt! Thanks for your honest insights!
I would like to know where can we hear songs that you have recently produced mixed or mastered? I searched for a website but didn’t find anything..
i think i haven't ever got ripped off in the way that people refuse to pay or even ghost me. but i surely often get into the situation where i work for someone for not enough pay
Deposits are technically/legally refundable. "Retainers" don't have to be refunded. Think about how you word this. Learned this while I was in the photography biz from a national association.
Great info. I have been ripped off or taken advantage of a lot. We learn quickly in music who has integrity and who doesn't.
Thank you for sharing, for real!
Man this has been on my mind too lol, we as producers and engineers get screwed over so much and we usually can’t talk about it cause it makes us look bad
Excellent video! Big up from Finland!
Appreciate your sharing of this experience and info, Colt. Thanks.
Every studio I've ever worked in demanded payment for the session at the top of the day. No money, no session. Granted they we all\ pretty small 1 room studios, but it worked well. If I'm mixing at home or video editing, its 50% upfront, and balance at release of deliverables (all files). No money, no files. Revisions are billed as more time and the same way, 50% upfront, 50% at delivery... or no files.
Thank you so much for sharing from your experience...you just made my future a loooooot easier...
I'm glad you figured out unlimited means forever revisions!
THANK YOU for the tips! How much do you usually pay per musician you hire to record 1 track?
Helpful video for me in that it’s pretty much exactly what I do. It’s good to hear that others are finding success with the same model.
2:18 I'm signed to Sony, have been signed to other labels and own my own. I know that what they did was wait the nine months for the publishing to come in (because that's how long it takes to get the first year royalties and then pay you out of that, so it never technically went out of their pocket, though they got to hold the asset on the books the entire time. Classic. Imagine they must still reach their publishing goal for the first three quarters. Haha. You might not have been paid at all. Make a corporate trust that owns your incorporation, which owns the assets(everything in your possession, even your home), and the corporation takes out whole-life insurance for the beneficiaries (where your profits go). You then borrow (cause debt is tax-free) from that Whole-Life insurance to use as capital in your business, return the profits, and keep that circle going. That’s the structure… Because you have such thorough booking keeping that is registered, you can then have a very structured record of assets and liabilities which helps when auditing for your royalties and never really being fucked with due to their fear of an actual corporate structure coming after them, knowing how well you're protected.
I had no idea it costs so much these days for a single. I guess you pay for a quality result. I haven’t been in a studio since the 80’s so it’s interesting learning more about today’s challenges with running a studio
Thank you, Colt! I am trying to get the biz operating in Russia these days, and with the uniqueness of location comes the myth of "Russian rates" which really is, as it turns out, just a myth. ;) I will be adapting the thoughts you said here to what I do. I usually record classical and choral sacred music, but I do EDM and soft rock on my own time, too. All the best!!
This is sage advice from hard-won experience.
PS: Colt, your website seems to be down. Thanks.
Watched the beginning and right as I thought, “he should charge a non refundable retainer to book him”, you mentioned a deposit.
One thing to note: I was told 15 years ago or so to always get a non-refundable RETAINER to book me, not a deposit. Deposits can be, and are supposed to indicate, being refunded. However, a retainer cannot. In order to book me, folks have to have at least 30-50%, generally 50%, so that way it keeps us both accountable for the event/booking/etc. I can’t tell you how much it has helped, especially when folks cancel for any reason. Plus, if if waive the retainer, there’s still a 50% cancellation fee so I’m never going to be broke. Because as my grandpa always said, “as long as they owe me, I will never go broke.” He unfortunately had all his wealth stolen by an evil family member, but otherwise, he would have died and bestowed upon me as his trust, multi millions and assets (including 3 Rolex watches). Basically, trust no one and cover your a$$ (C.Y.A). 😊
I run sound in film/tv. The longest it has ever taken me to get paid on projects have been clients with the most money. Harpo (Oprah’s production company) took over four months to pay me and Fox Sports took almost 6 months to pay me. Now I shift the price into rental and my loan out company’s policy is all rental equipment is paid for in full before leaving the rental house.
musical artists are never people to hold in any esteem - they are some of the shiftiest if not the worst in the whole media industry I have ever worked with. And they usually have a self god complex. So payment always up front .. I'm rather harsh with payments but it's been effective, I ask for 75% of projected costs up front with a detailed road map of what they want and where they want to end up. If they are floundering at ANY of my list of questions I say get back to me when you are ready - and the deposit has to be verified / secured the day we agree to go ahead - and i always try to get the entire spectrum of people involved into my area to do initial listening of what they have and their collective feedback in one meeting . So remote 'online' jobs I don't usually do unless it's restoration audio work or some producer holding onto finished tracks with no further involvement of the group or artists. They have to hear what I'm hearing in the environment I"m in. Excellent topic thanks for sharing your experience.
You're far too calm about this :)
corporate gigs pay quarterly. Sorry for your loss , welcome to the club.
Sony takes almost forever to pay. It took me threatening the producer with the fact that I wouldn't leave his office until I got paid. Always demand a up front retainer for your work never deviate.
Ghosting in the music industry is a huge problem. People are embarrassed to admit it happens to them but they shouldn’t be - it happens to the best of the best.
We really need to start calling this practice out because it’s not OK. Artists, labels, and managers have grown accustomed to getting away with wasting a ton of a producer/writer/engineer/mixer’s time and then ghosting them because they know producers are scared to fight back. It’s really time to start calling this out.
I ain't scared to fight back... Just don't have time and money to do so... 😅😭
You know, people are bad. We all gotta deal with it. Glenn Fricker exposing Queensryche hurt me so much as it happens to be my favourite band of all time. But as I said, people are bad and we just gotta find a way to prevent bad things from happening to us. Also now I understand why rappers got so much money - they just don't pay for studio time 😂😂😂
Karma will hit 'em hard Colt .. how about that for a song title? 🙂
Don't know your particulars but Sony has always been on point paying me. So much so that I once got a call from their financial department asking if I had received a check because I had held on to it for a week.
Very classy as usual, thank you.
excellent approach Colt!
I would also treat them as I do as a General Contractor/Home Improvement… type up Quote & or Contract to show on paper & PDF of Details of what their getting for this Song / Price.
Thanks for sharing. Great tips/advice. Cheers mate.
Great video Colt!!!
Your structure seems very sound and your rates seem very fair, however I don't know what recording costs really are, but as someone who produced very big music vids in LA in the 90's ( you'd crap if you knew those budgets ha!), that price seems very fair and for the artist to now have something not only to gain listeners but I'm sure to shop in town.... Useable quality value is king.
I always send an mp3 version of the master for demo...they get the Wav files once they pay
What is crazy is that most singer songwriters, bands, rappers, will run and ghost as soon as you say 1K per song. Here you are at 2K like it's normal. I agree, it is or at least should be! But damn if the artists look at 10-20K to do a record and freak out. They don't realize that it used to take like 70K minimum for label quality releases.
yeah, we typically pay net 220. hope that's cool
Thanks for sharing and your transparency. ❤ I would be more than interested by knowing your opinion on platforms like filepass ?
Mr Capperrune, Mr Colt Capperrune...
I charge 50% upfront and the rest before the master is delivered. I got burned as well... had to change that 😊
My experience is I was always working with independents, once I started working with my first big act, they recorded 2 of my songs in an album that went number 1 Billboard on release. The management/owners of the project required me the publishing of the songs on the promise of a tiny advance withing the signing of the document (plus keep working with them). They never put me the contract in front neither the promised advance of 4k. So the album was released without the contract being signed.
My family and I were literally starving, rice, beans, corn tortillas, I couldn't afford $900 for rent. The day the album reached number 1, a friend called me and said "dany FUCK THEM ASSHOLES...." that was a shock. I was afraid to lose future posibilities but my family was first.
Next day I called 5 majors (Warner, Sony, Universal and Fonomusic), one of them offered me 50K on the signing. The contract was 60% for me for only 4 years !!!!. Then all songs back to my publishing
That was a storie I still enjoy and share with my peers.
Here’s how I do it. We estimate the hours required to get to point A and they pay in advance for those hours and no finished product leaves my studio. If you want to send them a demo, put a sonic watermark so it’s useless as a finish product. I do not bankroll any project. If they disappear before the hours are spent, I win. If they can’t pay more to go to B, you don’t do it. It will never be a problem again for you.
Your website is not working
Colt, What 's the best way contact you to request work??
I now charge 60% upfront ! If the person really want your expertise, he or she won't mind and you can be sure they will pay the rest when the product is delivered. Good luck !
Cool explanation of experiences and a payment plan