(Hypebot) — Are you eligible to collect Publishing Royalties? This guide shares the simple steps to check your eligibility and collect your well-deserved earnings.
by Randi Zimmerman of Symphonic Blog
Whether or not you’re eligible to collect publishing royalties is an important topic many artists overlook until it’s too late. Not collecting these royalties can have a major effect on not only your revenue, but also your professional growth and credibility as an artist. In this post, we’ll give you everything you need to know about who is and isn’t eligible to collect publishing royalties and why it’s crucial to know.
Here’s the rundown…
Publishing royalties are earned whenever a song is played on the radio, streamed online, performed live, used in a TV show, movie, commercial, or sold as a physical or digital copy. These ensure that the proper creators are compensated for their work and creative contributions, and are typically collected and distributed by Collective Management Organizations (CMOs) such as performing rights organizations (PROs) like ASCAP, BMI, SESAC, or mechanical collectives such as the Mechanical Licensing Collective (MLC).
Publishing royalties are primarily reserved for the songwriters and their publishers who have legal ownership of the composition. Not being eligible to collect publishing royalties affects your income, getting proper recognition for your work, control over how your work is used, investment opportunities and more.
That’s why it’s so important to understand whether or not you are eligible to collect these royalties or not, ensuring the right person gets credit, rights, and proper payment for their efforts.
Who is not eligible to collect publishing royalties?
To wrap things up…
Please keep in mind that publishing royalties are generated by the use of the underlying musical composition, not the sound recording. Unless someone contributed or purchased the rights to the composition, then they do not have the right to collect publishing royalties.
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