pond5 now takes 65% of sales?

I don't get it - why to raise prices?
65% cut is 65% cut - it's just tightening composer's share no matter how high the price is.
Deleting tracks and moving to another platform - that's remedy they do require.
Lose now and gain in the long run - because the bottom line can't be lower than zero.
Slide from 50 to 35 now and from 35 to 15 next year? Then what?
Please, fellow composers, reconsider!

They are saying the publishing program will generate more income from tv and film but they fail to grasp that no sane composer that produces music of a high enough quality for tv and film will give them their music anymore with them taking 65% of the license fees. There's much better libraries for this purpose that almost guarantee your music will end up in tv.

I track my music through TuneSat and out of my whole portfolio of about 150 tracks , maybe 10% ended up in tv that were licensed through Pond5. And those were not shows of a high enough profile or air times to generate any significant income. And I make sales here almost daily. So do the math, there's no way that the publishing deal will make up for the lost revenue from direct licenses.

Not to mention that it will take about 2 years to see ANY INCOME from royalties even if I signed up for the publishing right now. So 2 years with 30% less income for a hope that MAYBE I will get lucky and have a track be aired on a tv and get some royalties that will most likely be just a few dollars. Music that generates significant income in royalties isn't licensed on RF libraries. They want exclusive high profile music from respectable libraries.

"Deleting tracks and moving to another platform - that's remedy they do require."

Yeah... Simple... But... Do u know any other platform that solds stock audio consistently nowadays? I always considered p5 the last bay. If yes, I'm ready to take everything (~700 tracks) off.

419046 => gdpr

Maybe rf music is just dying as a commodity

Exactly

The good manipulation/trick is to make ppl think that publishing issue and share rip off is in the same jar, but they are not! :)
Publishing issue is the one and ripoff - is another, they are NOT connected.
Actually they are connected in body of message we all received, but if you look deeper, there is not much sense here.

to MPM - try Motion Elements - asian market, very promising.

I don’t think RF music is dying. It’s just saturated. Video producers still need music and RF music is being made from a millions of homes around the world every day.

I believe that the industry has taken the same route as selling beats online. Some beat producers are making upwards of $6k per month while most are not making anything. It used to be that you could just upload your beats daily on to some platform and people would come in and buy. Now beat producers have to spend a lot of time, effort and money on marketing and promotion to make a sale.

Maybe this kick in the rear we've all gotten from Pond5 is the start of something different that needs to happen.

I had some advance warning that this was coming, but was asked not to divulge anything until the general announcement hit. Now that it has, I must say that I, too, have misgivings. Looks to me like P5 has chosen to go strictly non-exclusive for audio and have pegged their split somewhat below AJ (which for exclusive audio has an effective split - for me at least - of around 45%). But my AJ portfolio is much smaller (they're much more picky), and I was thinking of pulling it and redeploying it here. Not so sure I want to do that now.

I too am skeptical that publishing will make up the difference.

Also (and this is something I thought about a few months ago), I plan to increase prices on my best selling items by 40-45% to offset the decrease in split. If it hasn't sold, I'll leave it be or decrease it. Five bucks is better than nothing.

As for the future, we'll see.

its optional: heres is the link they sent me: https://www.pond5.com/publishing?utm_source=sailthru&utm_medium=email&utm_campaign=ca_music_8.19.19