What are the 4 Pillars of Collecting All the Royalties Due You?
4 Pillars of Collecting Royalties - The First Icon Agency LLC
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If you’re an active recording artist and/or music professional, it is important to be aware of all the possible sources from which you can collect royalties from the music you release.
Below we have outlined four essential pillars of monetizing your music career appropriately.
If you’re not affiliated with a service provider in any of these 4 categories, please do so as soon as you can to ensure you maximize your potential to collect ALL royalties due you.
These four pillars are :
1) Performance Rights Organization – Assists with collection of performance royalties from the licensed use of your music in which you are a songwriter and/or publisher.
2) Publishing Administrator – Collects and dispenses your music publishing royalties on a global basis. The publishing administrator monitors and registers your works with performance rights societies across the world
3) Digital Distributor – Distributes your music releases to worldwide streaming and music retail platforms. Pays out your mechanical royalties.
4) SoundExchange – Pays out digital performance royalties as a performer on a master recording.
🔺 Invest in the music career you work so hard on. Visit The First Icon Agency LLC at www.firsticonagency.com
Register Your Music with a Publishing Administrator
Get a $10 Discount off Songtrust Registration Fees with our Unique Discount Code
Sign Up for a Performance Rights Organization
BMI – https://www.bmi.com
ASCAP – https://www.ascap.com
For more insightful articles on music industry guidance click here.
Kevin James has over 20 years of experience in the entertainment industry in various facets. He has worked as a recording artist, songwriter, producer, on-air radio personality, background actor and film director. Kevin is a Member of the National Writer's Union.