Licensing a portion of a video I made

Started 11 months ago | Discussions
Waterengineer
Contributing MemberPosts: 847
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Licensing a portion of a video I made
11 months ago

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.

Richard Weisgrau
Veteran MemberPosts: 3,024
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Re: Licensing a portion of a video I made
In reply to Waterengineer, 11 months ago

Avoid the term "one time" when referring to commercial video. Better to be specific about the application like "in a single commercial video to be used for a __ week period in __ media, etc."

No way to suggest a price without info on duration of and geographic distribution of the commercial application as well as the full extent f media to be employed.

Richard Weisgrau

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Paul Skelcher
Regular MemberPosts: 308
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Re: Licensing a portion of a video I made
In reply to Waterengineer, 11 months ago

Check out stockfootageonline.com.

They represent 85 video libraries, many of the clips with editorial and commercial pricing.

Paul

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Waterengineer
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Re: Licensing a portion of a video I made
In reply to Richard Weisgrau, 11 months ago

Richard Weisgrau wrote:

Avoid the term "one time" when referring to commercial video. Better to be specific about the application like "in a single commercial video to be used for a __ week period in __ media, etc."

No way to suggest a price without info on duration of and geographic distribution of the commercial application as well as the full extent f media to be employed.

Richard Weisgrau

OK, fair enough point(s).

The duration of the "life" of the commercial using my time lapse clips will be about 45 days or so.

The geographic distribution will be around the greater Tampa/Clearwater area as part of an advertising campaign for a Clearwater Beach street painting event at the end of October.

The commercial is being produced for the Clearwater Beach Chamber of Commerce.

The request is to supply about 2 minutes of time lapse footage, of which just a few seconds will be chosen for inclusion in the commercial.

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Waterengineer
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Re: Licensing a portion of a video I made
In reply to Paul Skelcher, 11 months ago

Paul Skelcher wrote:

Check out stockfootageonline.com.

They represent 85 video libraries, many of the clips with editorial and commercial pricing.

Paul

Thanks.  Good idea.  The power of the forum comes through again.

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Richard Weisgrau
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Re: Licensing a portion of a video I made
In reply to Waterengineer, 11 months ago

Paul has an in-depth knowledge of resources such a the referral he made, and it is a good educational tool.  Here is what I know.  Chambers of commerce are notoriously cheap.  They promote area business and seem to think that they are owed a break because of that.

If I had to offer a price based upon the specs you offers, I would start at $1500 while  being prepared to go down.  I would walk away at anything under $900.

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Richard Weisgrau

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