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Productiontrax is shutting down

FredericBernard

Active Member
Hey guys,

Just got a quarterly payment from productiontrax. However, there was a message attached, which sounded a bit odd in the first place:

"Thank you for supporting Productiontrax.com. We wish you the best of luck in your future endeavors."

...so I visited their site and found out they are shutting down.Oh man, what a shock. :eek: It's not that I made a lot of money with them, but I always loved their platform, and they were the only music library I have worked with, which offered a writers sync. split of more than 50 %...

R.I.P. Productiontrax.

Best,
-https://fredericbernardmusic.com (Frederic)
 
Yeah, I'd imagine that would have been a shock. I've been sensing a real shift this year with production music & publishing deals, and not in a good way . . .
 
Yes, true! Same for Pond5, who bumped down the provision from 50 % to 35 %...

Any ideas why the shift did occur in these production music agencies?

-https://fredericbernardmusic.com (Frederic)
 
because the market is flooded with too much production music. too much supply and not enough demand and viable pricing. simple economics.

Danny
 
Yes, but even the production music business from 10+ years ago had the same issue. I wonder why there was such an immense shift last year, which appeared somewhat out of nothing.

Cheers!
-https://fredericbernardmusic.com (Frederic)
 
Yes, but even the production music business from 10+ years ago had the same issue. I wonder why there was such an immense shift last year, which appeared somewhat out of nothing.

Cheers!
-https://fredericbernardmusic.com (Frederic)
If that is the case would love to know the answer too!!
 
...
Yes, but even the production music business from 10+ years ago had the same issue. I wonder why there was such an immense shift last year, which appeared somewhat out of nothing.

Cheers!
-https://fredericbernardmusic.com (Frederic)
...and they were the only music library I have worked with, which offered a writers sync. split of more than 50 %...
And it's quite likely you've answered your own question. If a library gets a larger share, they can afford to reduce their prices. Anyone who has the "old" business model is going to be at a financial disadvantage. Obviously I don't know what has happened in this case, but we all need to be aware of the financial pressures involved in Publishing.
 
As a side note - my main work is in a different industry - but about 4 years ago one of the competitors of the company I am working for reduced the price for an almost identical product from 30 to 29. We have somewhere between 250-300k orders for that product per year. Not something to ignore when you factor that in your business plan.
 
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