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Regular Contributor
ninelives1980
Posts: 187
Registered: ‎04-06-2003

Is having your own music in advertisements a passive income?

If yes, how so? (referencing to how would you be paid by advert agencies/any entity in charge?)


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daddymack
Posts: 37,576
Registered: ‎04-26-2003

Re: Is having your own music in advertisements a passive income?


ninelives1980 wrote:

If yes, how so? (referencing to how would you be paid by advert agencies/any entity in charge?)



You would have a licensing agreement or contract with the producer/agency. You could either give them the IP for a one time fee or collect residuals.

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