I agree. Seems like more clarification is needed from the client.
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I would say that standard exclusive license buyout should have a 10 000$ starting point though there might be a reason behind decreasimg or increasing it.
And I am saying about exclusive right to license, not exclusive rights to collect PRO rotalties which you should keep.
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If they are offering this, they should send you an agreement that outlines everything, including the price.
Otherwise it’s sounds like they’re just some sort of scammers/amateurs.
Who does such a thing with 1 day left before deadline. This is ridiculous.
As someone mentioned above, when a tracks ends up being used by a serious film production company for a trailer (eg a movie commercial) - we’re talking high 4 figures to five figures.
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1 milion dollars!
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