What does a composer need to know about contracts/copyrights/royalties when being asked to send original music to a production/publishing company that functions as a music library for film/TV contacts? This company requested me to work with them by sending in my original music on mp3s. They take a 10-25% cut if I send mp3s of my music that don't require much production repair/fix, but a bigger cut if more work is to be done. No explanation of those details, though. They offer 50/50 split if co-writing--by adding tracks to my submitted mp3, for example (which I thought was called producing/arranging?).
How do I learn these business aspects in order to protect my music and myself? I've never had my music placed, but aspire to compose for film/TV. Is getting this connection a good step toward that or does it limit my creative rights? Where do I go to find resources about these kinds of questions? (I'm a ASCAP member, so I can start there...)
If there are already forums here addressing this, please direct me there!
Thanks for any advice!
Jenny Leigh Hodgins