As of today, October 17th 2024, I am officially out of my pub deal.
After 5 years stuck in a less-then-ideal co-publishing agreement, I am now free. This document is an Option Warning Letter that my lawyer sent to my publishing company, giving them the allotted 20 business days to trigger their remaining option. Today marks the end of those 20 business days, so I am now finally out of the deal. :)
This agreement came to me at a time when I did truly needed it. I signed a record deal and publishing deal with this same company in 2019. The advance afforded me the runway to live and session in Los Angeles, and release my nearly-finished album at the time “The Mathematics Of Nature”. We wanted to work together mainly on the record deal side, since they were interested in prioritizing me as an Artist project as oppose to a Songwriter. But because my main point person worked on the publishing side of the company, that side of the deal was non-negotiable for them. And so I took it, even though my lawyer advised against it. He was right in a lot of ways, since now I am 5 years into the deal and still owe over 75% of the publishing advance back. That point person of mine also left the company many years back at this point.
Because of the way my deal was structured, I was able to send an Option Warning now. If they didn’t trigger it, I would be out of the deal for all future catalog. They do still have my back catalog up until now, and I hope to one day pay back that advance and start earning royalties off it.
It feels freeing to be out of this deal, knowing than any songs I write from today onward are mine and mine alone. I get to build up a fresh catalog that I can do whatever I like with.
With this, my focus turns more fully to the development of my onchain music catalog.
A few reasons I'm very excited about @zora's new protocol design:
• It makes released work feel perpetual: Some of my best music I haven't minted yet because it feels like you have to absolutely nail the primary mint, since after that it was effectively all over. With a liquidity pool coming online after mint, it feels like the market around the work exists forever. • An onchain creator royalty that feels natural: Secondary royalties on NFTs were offchain and socially enforced, until they lost that social game. With LP fees pointed back to the creator, we are using an onchain royalty that is a natural and useful incentive mechanism within the uniswap protocol to point value to creators directly from their works' markets. • Feels more fun: The added feeling that this work could light up into a valuable liquid market makes minting more exciting. Right now this excitement is at a fever pitch, but as this protocol upgrade settles into maturity, I think that feeling just becomes this added little spark to the experience.
the mintable mintality of minting is mint to mintion the mints and mintally minties as mint as possible in less than 1 mint. that mints that your minters and your mintuits are more than mintable in mintably sound condimints. mint i said before, mint as mint as you can. and minting will mint you minty more.
chaim
and then3 ppl mint this
after seeing you mint this
you make money
if you mint this
Publishing Agreement Terminated [Redacted]
After 5 years stuck in a less-then-ideal co-publishing agreement, I am now free. This document is an Option Warning Letter that my lawyer sent to my publishing company, giving them the allotted 20 business days to trigger their remaining option. Today marks the end of those 20 business days, so I am now finally out of the deal. :)
This agreement came to me at a time when I did truly needed it. I signed a record deal and publishing deal with this same company in 2019. The advance afforded me the runway to live and session in Los Angeles, and release my nearly-finished album at the time “The Mathematics Of Nature”. We wanted to work together mainly on the record deal side, since they were interested in prioritizing me as an Artist project as oppose to a Songwriter. But because my main point person worked on the publishing side of the company, that side of the deal was non-negotiable for them. And so I took it, even though my lawyer advised against it. He was right in a lot of ways, since now I am 5 years into the deal and still owe over 75% of the publishing advance back. That point person of mine also left the company many years back at this point.
Because of the way my deal was structured, I was able to send an Option Warning now. If they didn’t trigger it, I would be out of the deal for all future catalog. They do still have my back catalog up until now, and I hope to one day pay back that advance and start earning royalties off it.
It feels freeing to be out of this deal, knowing than any songs I write from today onward are mine and mine alone. I get to build up a fresh catalog that I can do whatever I like with.
With this, my focus turns more fully to the development of my onchain music catalog.
☀️
• It makes released work feel perpetual: Some of my best music I haven't minted yet because it feels like you have to absolutely nail the primary mint, since after that it was effectively all over. With a liquidity pool coming online after mint, it feels like the market around the work exists forever.
• An onchain creator royalty that feels natural: Secondary royalties on NFTs were offchain and socially enforced, until they lost that social game. With LP fees pointed back to the creator, we are using an onchain royalty that is a natural and useful incentive mechanism within the uniswap protocol to point value to creators directly from their works' markets.
• Feels more fun: The added feeling that this work could light up into a valuable liquid market makes minting more exciting. Right now this excitement is at a fever pitch, but as this protocol upgrade settles into maturity, I think that feeling just becomes this added little spark to the experience.
A few reasons I'm excited
This NFT is for LATASHÁ
100% creator earnings from this NFT pay out directly to a secure wallet under LATASHÁ's control.
This won't make up for the horrible feeling that something like this produces, but we can at least counteract some of it with some good vibes!! ❤️🌟💫
You can have my humble enjoy allowance too
70982 $Enjoy
enjoy this document
11111 $enjoy thank you, i didit's cool how now if you coin a term you can actually coin the termcoin
mint,
Mint Mint the III
mint
sign here
if you listen real carefully
if u mint this