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Risk Vs Reward Hmmmmm....

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sswift

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So im in a pickle...

A little background info: I produce music, i usually shop the tracks on my own to whomever is interested.. tv/film/radio/artists/videogames/commercial, etc. Lately, Ive found myself getting overwhelmed shopping the tracks, so ive taken consideration in finding a manager or agent, which will help me shop the tracks, while I can focus on creating new product (material/music...

The pickle is as follows:
Finding representation is harder then it seems.
I reached out to a bunch of reputable companies, and got 1 reply back. It was an interesting reply back which stated:
We are willing to accept a consultation service agreement. The cost is $500/ month PLUS 15% commission on anything sold... There are no guarantees that they will make any sales, and realistically, there is no guarantee that they will do anything with the money besides snort it up their noses...
I sent them back a copy of the agreement revised by me, and added some things along the lines of:
"Company" will contact "client" once a week with updated status report.
and other things that may help my own piece of mind justify me sending them $500. I spoke to the boss of the company over the phone, He said "I feel like there is a high probability that we will be able to place your music, but there are no guarantee's. you have the option to renew the consultation after the month is up.
I even added things in the contact like: "client(me)" agrees to increase commission to 30% in order to add more incentive to get the tracks sold.

They replied with "there is no option to negotiate this contract, other then splitting payment options from 500 upfront, to 250 now and 250 halfway through the consultation." :coco:

Long story short:
-If I take the risk and pay the 500, It could be a very well spent investment. The companies profile and clients charge $10,000+ for the licencing...
-This somehow could be an elabrate scam... alot of forms on the internet state "do NOT pay a manager or agent to shop your music, if you do, there is no incentive for them to make any sale, they have already been compensated...

I dunno, if i was in the companies shoes, and got a massive amount of emails per month asking for representation, why not monetize that?

But there is absolutely no way of tracking what the company is doing... they could be shopping my music all day everyday for 1 month, or they could pocket the cash, take the girlfriend out to lobster dinner, and send me a status report at the end of the month that states "No commitments were made upon the purchase of your music, would you like to renew the agreement?"

Arrrggghhh, sorry for the Spiel... any advise, or your take on the situation, would be worth wonders... thanks fastlane...
 
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-Satt J.
 
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