Sound Royalties is a business that can help musicians as well as songwriters, along with other music professionals receive the funds they have to continue to make a living. In a nutshell, if you collect Music Royalties however those royalties won't come for a little while, then Sound Royalties will give you an advance before you have to pay them back utilizing your Music Royalties. With that said, below are a few of the main things about Sound Royalties.
Receive Money Quickly And Easily
One of the better things about Sound Royalties is they can make it easy to obtain your royalties in advance, or at the very least a good portion of them. The organization supports members of various organizations/labels, such as BMI, Ascap and Sony-ATV to mention a few. As for when you get paid this will depend, but an example is Ascap royalty distribution dates are paid in October when you're performance period was actually January through March, well all the other periods are for the following year if your performance period was in between April to June, July to September or October and December.
In case you are waiting for Ascap royalties, then you'll definitely wait for a bit of time. This might be why utilizing Sound Royalties make sense. They offer funding somewhere between $5,000 to $25,000, and financing can be closed within a couple of days.
Retain The Copyright
Another plus side to Sound Royalties is you retain the copyright to the music. The business gives you the money you need, upfront. There is certainly no need to sign off the rights to one's music, and also Sound Royalties uses a non-credit structured financing system, which means you don't need to be concerned about things like having bad credit or being forced to give up the proper rights to your music. That is one of several items that make Sound Royalties standout of the crowd.
You Could Make Money Via Referrals
In the event that you really need to make big money with Sound Royalties, then you can refer folks to them. If the company ultimately ends up dealing with the artist you send directly to them, they will provide you with a referral fee. The amount of money you'll be paid is based on various factors, nevertheless the most you will be paid is $25,000, which is incredibly generous. This just demonstrates to you that Sound Royalties is serious about putting musicians and artists first.
Other Added Benefits
There are many other good stuff that can be said regarding the company, such as for instance speed. Sound Royalties can provide you with funding right away and they can extend added funds in financing- up to $10M. Not only this, but their programs are geared towards artists who earn a minimum of $5k every year in royalties, which isnt a great deal. Let's keep in mind to mention that the business commonly finds unpaid royalties, which include both international royalties and digital royalties while the funds that are used to finance your transactions are resources that are part of Sound Royalties.
Now you are familiar with Ascap royalty distribution dates. Additionally you understand why Sound Royalties is a good company to utilize. All you have to do now is head to Sound Royalties website and fill out an application.