Question about licensing my videos

Happy Scientist

Happy Scientist

I am new here, and have already learned a lot from searching the forums, but I did not see anything specific on this. I am a long time science educator that has started producing short, educational videos aimed at teachers, students, and science buffs. I am a one man operation, from research to writing, from setting cameras and lights to post production. I manage to crank out at least one video a week, and currently have 160 videos on my site.

I have been approached by a major educational company that is starting up a science education website. They are asking to license about 90 of my videos, and I have no idea at all of what to charge. They want long term rights, at least 10 years, and they really want perpetual rights. They don't have a problem with me continuing to use the videos on my site, but they want an exclusive agreement that I won't license the videos to anyone else.

You can see an example of my work at: http://thehappyscientist.com/science-video/mirage

Any suggestions? Are there "video agents" out there that know the ropes, who would keep me from drastic over/under pricing? Any help would be appreciated.

Have a wonder-filled Day!
 
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What's their budget? What do they want to do with your videos? Play them in schools? Repackage them and sell them in stores?

How much would it cost THEM to shoot what you have?

How much money could YOU make off of you videos?

These are some of the questions that you need to ask in figuring out what to do.
 
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As long as you make a profit, consider it a win for yourself. You can negotiate down the amount of time of the contract, or they can pay more for it.

If they are selling to educators, they are selling fewer copies but for a lot more money than a regular DVD. They are going to charge $30-$75 per DVD, but how much is on the DVD is not clear and is a case by case situation.

Honestly, if you more than double your money spent, then consider that a score. That's better than 90% of the people making videos.
 
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