|I was chatting with a friend this past week and in that conversation, realized – WHOA. There’s only 5 months left of this year! It sure doesn’t feel like it, but the holidays are just around the corner. Has it hit you yet?!?|
Anyway, I also had the pleasure of reconnecting with a past client this past week by giving a couple of consult sessions. We dived into the world of distribution, royalty and registrations. It’s not the most fun of things, but it’s oh-so important to songwriters, publishers and performers – especially if you’re all three!
We first looked at PROs and how to register your releases with, in their case, ASCAP. We pointed out something really important that I knew I wanted to share with you right away once we saw it.
Most artists know you should register for a PRO if you’re a songwriter. But, you also should register as a publisher too!
When a PRO sends royalties for a performance of your music, half goes to the writer (or writers) and half goes to their respective publishers. Simply, if you want your publishing company to get a share, you should also set up a publishing company with your PRO.
This goes for BMI, ASCAP, SESAC, etc.
What do you need to register your publishing company with a PRO?
What you need is a mailing address, email address, tax ID number (EIN or if you want to register as an individual/sole proprietor, your SSN), and of course the name of your publishing company.
I would hate if you were missing out on $$ as a songwriter, so I hope you find this little tip helpful.
What questions do you have about song registration? Hit ‘reply’ and let me know and I just might answer it in the next newsletter :).
|P.S. Thank you so much for being here and reading my newsletter.|
I realize some of you reading are virtual assistants yourself, looking to make musicians your niche, too. My team and I are creating something really special for you, stay tuned!