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The American Federation of Musicians (Musicians Union) has several agreements to accommodate any film budget ranging from New Media provisions for projects produced specifically for the internet, streaming content, etc, on projects budgeted up to 2 million dollars and Low Low Budget films budgeted between 2 million and 16.5 million, Low budget films from 16.5 million dollars to 49.5 million dollars to full budget Motion Pictures from 49.5 million dollars upwards.
Exciting news as well! All of these agreements offer options for releasing up to 15,000 soundtrack units for free!
Producers of ALL film projects (including those that are completely non-union, no guild involvement) have the opportunity to record with world renowned musicians by signing a one time single project agreement that only obligates the specific project they sign for, it doesn’t affect any past or future projects. This allows the composer and the film company the ability to choose recording in Los Angeles without causing a production company to enter into any future union obligations.
Another little known fact is that there is the option to score a non-obligated studio or Independent film under a partial scoring agreement. This is an agreement designed for composers and production companies who may be filming or scoring completely overseas due to incentives such as tax credits, or foreign funding to be able to record soloists, percussion sessions, guitar sessions, all music prep (orchestration and copying) and even orchestral pick up sessions here in LA for films that have to record in a foreign non-union or non AFM obligated territory (such as; Prague, Bratislava, London, Australia, etc).
The back end residual component for these films is typically 30% of the 1% revenue on the producers gross or $3,000 paid for every million dollars made in secondary markets.
ALL residuals are based on SECONDARY MARKET EARNINGS Residuals are NOT collected on primary or foreign theatrical (Box Office) receipts. These secondary markets are based on DVD sales, pay per view, free tv, etc.
If a project is produced directly to video or the primary market has no secondary market then there is little to no residual component.
For more detailed information or a project specific budget estimate, please contact our office (818) 876-7500 or email@example.com