Royalties – The Business Setup
Royalties – The Business Setup
You’ve released your music—or you’re about to—but how do you make money from it? In today’s music industry, especially with the growth of digital services, there are more ways than ever for people to find your music. Each one of those new outlets can provide a new source of revenue for you. Gone are the days when an artist or writer could count on labels, distributors (TuneCore, CDBaby, Distrokid, etc.) and Performing Rights Organizations (ASCAP, BMI, etc.) to be able to capture and distribute all of that money. As new revenue sources have been created, and new organizations have formed to collect different royalty streams, it’s nearly impossible for an artist or songwriter to find everything that’s due to them. Bottom line: If you don’t have the business side of your career set up, you’ll miss out on money. In addition, it’s easier than ever to make small mistakes or omissions that legally allows those organizations to avoid paying out everything that’s owed to you. With this service, we will: -Start with an initial consultation with you to determine your progress and needs -Review your music catalog and releases to identify all revenue streams you are due from your music -Join, affiliate or partner you with all organizations that collect and distribute these revenues -Submit your songs and releases to all new accounts, and review any accounts already set up, to ensure that all the metadata is correct -Provide details of all your accounts and the steps we have taken to make them current -Finish with a wrap-up consultation to teach you how to keep your accounts updated in the future