ROYALTIES - HOW IT ALL ADDS UP
Are you signed up with PRS/MCPS? Do you know that you could be getting royalty money!
Money gets distributed for any public performance, which can be collected royalty collection agencies, such as Sentric Music. Here are some sample figures of what to expect as of July 2011 (all figures dependent on several factors including broadcast time):
Live Gigs
- Small Venues- anything up to £4 -£6 per gig (which can be backdated up to 12 months).
- Barfly - Sentric artists have previously received upwards of £19 per gig.
- o2 Academy’s- Sentric artists have previously received upwards of £32 per gig.
- Shepherds Bush Empire- (as an example of a mid-scale venue) - Sentric artists have previously received upwards of £392 per gig.
- Leeds/Reading Festival- (as an example of a festival venue) - Sentric artists have previously received upwards of £1,500 per gig.
- Sheffield Arena- (as an example of a large venue) - Sentric artists have previously received upwards of £1,600 per gig.
Radio Example
- BBC Radio 1 - up to £58.94.
- BBC Radio 2 - up to £79.48.
- BBC 6 Music - up to £16.52.
- BBC 1Xtra - up to £11.72.
- BBC Regional Stations - up to £5.
- BBC Asian Network - up to £18.
Based on your average 3m30s song:
TV Example
- BBC 1- Sentric artists have previously received upwards of £145 per play.
- Channel 4- Sentric artists have previously received upwards of £800 for being featured on Hollyoaks.
- Five TV- Sentric artists have previously received upwards of £1300 for being featured on an ident.
Synchronisation
- There is no definitive figure for sync fees as each individual deal will differ in terms of media, term and usage.
- Here at Sentric Music we’ve landed sync deals for artists worth five figures and that doesn’t include the PRS royalties generated as well on top of the initial sync fee. We have also been responsible for many moderate income syncs for usages ranging from US TV shows (as there isn’t a blanket license scheme in the USA) for around $1,000 a go, to hold music for small businesses worth £1,000.
Source: Sentric Music http://www.sentricmusic.com/faqs.aspx
