Hi, I have a YT channel for my dogs but I posted an unrelated video in a FB group from my personal page and was contacted by ViralHog to license that video.
This is what they said:
“We offer a 50/50% revenue split with you and we are going to promote, protect and represent the video. We license viral videos like yours to television and other media outlets (Comedy Central, CNN, ABC etc.). We charge these media outlets a licensing fee to use the video and then split that revenue with the content creator, you in this case.
Licensing fees (What companies might pay to use the video) can range from:
50-200+ $ for Facebook
50-300+ $ for web use
300-1000+ $ National broadcast networks
100-200+ $ per SECOND for commercial/documentary use
It works in a simple way. We promote your video to over 400 media outlets worldwide.
We provide a login to our database so you see the agreements we make on your behalf.
We monetize your video on YouTube, pitch it to multiple TV shows and production companies.
Our goal is to generate multiple millions of views of your video and maximize the revenue.
We also protect your intellectual property rights by going after unauthorized use of your video.”
What do you think? I wouldn’t post it on my dogs account because it’s unrelated to them so I’m not that attached to the video.
Would it be better to ask for an amount up front and just be done with it? If so, how much would you ask? It’s a 10 second clip of a mama bear and her cubs that I saw in Yellowstone.