With greater distinctions for payment by genre and widely varying upfront fees, there are greater possibilities to earn publishing income than ever.
Quincy Jones said it best,” explains Nile Rodgers: “A producer of a record is like the director of a film.” From his first production credits on tracks by Luther Vandross, Sister Sledge and Diana Ross to his more recent work with Beyoncé, Daft Punk and Coldplay, Rodgers is one of the rare producers who bridges the gap between the classic understanding of a record producer and today’s digital music-maker.
When producers work across an entire album of songs, it’s common to reduce per-track rates. “It might be $30,000 for the first three songs, $20,000 for the second two and $10,000 for the last song,” says Lucas Keller, founder of producer management firm Milk & Honey. Independent artists and/or those with little-to-no recording budget sometimes get more creative in paying producers what they are owed. Instead of a fee, “a lot of producers are getting 50% of the master monies, either in perpetuity or until the artist makes the producer’s fee back,” says Audrey Benoualid, partner at Myman Greenspan. Producers can also receive a fee under the aforementioned $15,000 for their work.The percentage of master royalties producers receive for their work.
“Back in the day, when people talked about what a songwriter did, it was the guy who wrote melody, lyrics and chords. Today, if you come up with the beat, like many producers do, you can also be credited as a songwriter,” Mercuriadis says.
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