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Music Industry Standard for a Finders Fee?

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 Music Industry Standard for a Finders Fee?
Unread 3 years agoclass of '05 - away - #1
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comrad  space
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A acquaintance of mine is looking to make a name for himself as a rapper, he asked me if I could find him a reputable feature for a track he's working on. Short story, I found one for him.

I told him from the beginning that there will be a finders fee. Now I'm not sure what to charge him. I'm definitely not trying to do him dirty, just want to charge him a finders fee. Is there an industry standard for this? I was thinking about charging %50, but I wasn't sure.
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Unread 3 years agoclass of '07 - away - #2
Spoken210 4 heat pts space
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comrad said:
A acquaintance of mine is looking to make a name for himself as a rapper, he asked me if I could find him a reputable feature for a track he's working on. Short story, I found one for him.

I told him from the beginning that there will be a finders fee. Now I'm not sure what to charge him. I'm definitely not trying to do him dirty, just want to charge him a finders fee. Is there an industry standard for this? I was thinking about charging %50, but I wasn't sure.
with the internet, there should be no finders fee
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Unread 3 years agoclass of '07 - away - #3
r.burgundy 15 heat pts15 space
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comrad said:
A acquaintance of mine is looking to make a name for himself as a rapper, he asked me if I could find him a reputable feature for a track he's working on. Short story, I found one for him.

I told him from the beginning that there will be a finders fee. Now I'm not sure what to charge him. I'm definitely not trying to do him dirty, just want to charge him a finders fee. Is there an industry standard for this? I was thinking about charging %50, but I wasn't sure.
finders fee's arent generally a practice for securin a feature lol
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Unread 3 years agoclass of '05 - away - #4
gunot86 1 heat pts space
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You might have to look in other industries...depending on how well known the feature is too is gonna factor into your finders fee
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Unread 3 years agoclass of '10 - away - #5
amnbangout  space
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He's gotta pay for the feature still though. And All that stuff is easily accessible though, so I don't see where the work went in. Unless you got a good deal on the feature price
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Unread 3 years agoclass of '10 - away - #6
RedLight 7 heat pts space
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If the feature is secured then why shouldn't get paid? He went out and found him a person to work with, even if ya "don't see the work", he delivered someone for him.

That's the job of a manager though. A manager is suppose to go out and find the artist people to work with.
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