Im in talks with a client to do sound design for his project involving augmented reality (AR) which he intends to sell to niche high end clients for their weddings. I cant divulge any more details than the fact that by the discussions, it looks like a big project involving dancers, elaborate sound design, AR, HD projectors, etc. and ofcourse the married couple, which can be afforded by rich and affluent only. Duration of sound design is 3 mins.
I have never heard of AR being used for this kind of project and it looks very classy and unique and could have a big market among the wealthy and i have this feeling that once this clicks, they will get more clients requesting customized for their weddings, baby showers, etc.
Now that i have realised the project scope and work involved, since im not sure whether sfx from my sound library will suffice or if i will need a studio to record foley like effects, im wondering should i charge him a big one time fee or a smaller fee with royalty for his every sale to wedding couples.
How can i track and ensure i get correct and timely royalty? Do sound designers get royalty at all?
For projects like games, etc. which are sold to multiple clients, do sound designers receive royalty as well or just a one time fee?
Please reply soon as I have to send a audio rough cut for animation guy to create all VFX in next 2 days.