Licensing a portion of a video I made

Started Sep 11, 2013 | Discussions thread
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Waterengineer
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Licensing a portion of a video I made
Sep 11, 2013

I have lots of experience in selling video and stills to clients but have bumped up against a new wrinkle.  I thought I would ask for ideas.

Another firm wants to license a portion of a 10 minute video I did for an event.  Specifically, some time lapse footage for a 30 second to one minute commercial.

What are ways to price say, two minutes of time lapse video foot for an existing video?

I am considering a flat fee for a one time use of the footage.

What should that price be?

I thank you all in advance.

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