Pump Audio Review
This blog outlines many angles and perspectives in the
electronic dance music industry. If an artist needs cash and is just starting out there is always music aggregates. Pump Audio was highly recommended to me so I
decided to review the site and look up what others are saying in regards.
What exactly is Pump Audio? Pump licenses your music through
BMI, ASCAP and SEASAC and in turn networks you to a stream of others who will
pay the royalties out for using the song. They are connecting you to film scores, television
shows, commercials, and Internet syndicates to get you paid and help build your resume. The pump system
creates a new market that hasn’t been around and creates new revenue opportunities. Pump claims to be owned by
musicians who in return are to be for the musicians and their rights. They have
the two main ways of getting the music out. One of the ways they do this is
through a “Pump Box” which sits on many desktops. This box contains a catalog
of numbers and those numbers are given to the song as industries exec's browse and purchase. Its indefinite licensing
can be purchased cheap if you decide to grab something from the box. Another is
the “Soundtrack Service” online. Recently launched in beta form it allows you
to cycle through genre’s and track ID’s and listen and purchase like a store from small snippets.
So are you thinking about using Pump Audio? Now one thing to
be known is you don’t’ want to advertise this to anyone. Why do I say this?
It’s your music that goes out through Pump but they handle it in bulk with the
license so it's sold for cheap. Your track is in a catalog under a Pump Audio ID number, that number
is what they title your track when they re-license it. In some cases they make
a name for it so people know what they are gonna hear, for instance “rave
anthem” or “razor sharp tune”. It’s not the title they want, it’s the ability
to find something for their commercial or tv show. Pumps clients want it cheap so we
can’t complain, otherwise it wouldn’t get found.
As the writer should register the tune yourself through the same PRO’s such as BMI, ASCAP, and SEASAC. Those PRO’s pay you writer’s royalties at 100% for the original work. Also if you have no publishing company on file with the PRO Pump is a publishing company and will get paid those fees. If you decide to register as one then you save yourself the trouble. Pump does the bulk thing so you get 35%. It was a 50/50 split at one time but I suppose they have a industry name now and can charge a bit more. Actually the reason they did this is it’s no longer the original owners. Pump Audio recently was purchased by Getty Images for 47 million. Getty images is a photo stock licensing company which is a corporate giant. They have the new avenues to push the music with their network through NBC, MTV, BBC, etc and can now be pushing the music on a large scale.
As the writer should register the tune yourself through the same PRO’s such as BMI, ASCAP, and SEASAC. Those PRO’s pay you writer’s royalties at 100% for the original work. Also if you have no publishing company on file with the PRO Pump is a publishing company and will get paid those fees. If you decide to register as one then you save yourself the trouble. Pump does the bulk thing so you get 35%. It was a 50/50 split at one time but I suppose they have a industry name now and can charge a bit more. Actually the reason they did this is it’s no longer the original owners. Pump Audio recently was purchased by Getty Images for 47 million. Getty images is a photo stock licensing company which is a corporate giant. They have the new avenues to push the music with their network through NBC, MTV, BBC, etc and can now be pushing the music on a large scale.
Performance Royalties Owed may be on the smaller side as an artist with
Pump Audio but I leave it up to you! It’s another stream of capital and if you
wanted to look at what sells and what doesn’t it may be useful. Musicians often
wish they had a way to get their music out to the world, now they have great
way to do that! It’s a nice resume builder to have your song be on MTV or BBC,
so we shouldn’t be complaining about the money when we are just starting off
any how.
http://www.themusicsnob.com/2008/10/06/pump-audios-retitle-publishing-music-licensing/
http://www.pumpaudio.com/artists/index.php
http://www.themusicsnob.com/2008/10/06/pump-audios-retitle-publishing-music-licensing/
http://www.pumpaudio.com/artists/index.php
This is a really useful post full of information! Thanks so much.
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