Selling footage to 3rd party from corporate shoot but don't know what to charge...

PaPa

PaPa

Major Contributor
Hey everyone,

I was recently hired by a local company to shoot some promotional content for them. Yesterday, we went to the machine shop they hire to show how the raw materials are inspected and cut into the shapes that the company then sells to clients. While there, the owner asked for my card and said he may be in touch.

The client that hired me mentioned that the machine shop (3rd party) would like to get a copy of the raw video that i shot in the event that they would like me to produce a video for them (from the video that was already shot, or potentially going back to do another project). I charged the client that hired me 2 grand to produce a 2 minute video for them. That involved around 8 hours of shooting and probably 10 hours of editing.

I don't really have a clue what to quote the machine shop to create a little video for them with the footage that was already shot for the original client. What do you guys generally do to figure this out?

Here is the sample footage i'm providing them with: http://www.youtube.com/watch?v=3XcHmQFTBmY&feature=youtu.be

Happy holidays to all!
 
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Since clients talk most likeley the machine shop guys know how much you were paid. So i would quote the $1k you were paid for the shoot portion and tell them that for extra $1k they can have it edited. If they complain saying that the footage already exists, tell them that you can't have 1st client paying for shooting footage for 2nd client.
 
Charge the machine shop for a days editing, plus a license fee for the footage used, based on industry standard stock license fees
 
I think it is a mistake to give the client raw footage. The deliverable is the 2 minute video. The footage should by yours and say so in the contract. In this case, you can assume that the machine shop client has seen your invoice. How did you break it down? If you had line items for production and post then you can certainly charge them post costs. You may also charge producer costs.

If you sell them the rights to all the raw footage you may cut yourself out for re-shoots, pickups, and other deliverables from it from future work. It's a great relationship so you don't want to piss anyone off but don't give it away if you can help it.
 
"Little video" ? Like 2-3 minutes?

1k to fifteen hundred based on editing time of existing footage. It's whatever the market will bear. The footage looks good, IMO. a nice dolly move will make even a machine shop look snazzy.

Happy holidays.
 
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