Sound Royalties is an organization that can help musicians as well as songwriters, as well as other music professionals have the funds they have to continue to make a living. In short, in the event that you collect Music Royalties however those royalties will not 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, here are some of the most popular things regarding Sound Royalties.
Get Money With Ease
One of the greatest reasons for having Sound Royalties is they make it easy to have your royalties ahead of time, or at least a pretty good percentage of them. The business supports members of a variety of organizations/labels, including BMI, Ascap and Sony-ATV to name a few. In terms of when you are getting paid this depends, but one example is Ascap royalty distribution dates are made in October when performance period was in fact January thru March, well the other periods are specifically for the next year if the performance period is in between April and June, July to September or October and December.
When you are waiting around for Ascap royalties, then you'll wait for a bit of time. This is certainly why using Sound Royalties make sense. They provide funding anywhere between $5,000 to $25,000, and financing may be closed within a couple of days.
Keep The Copyright
Another benefit of Sound Royalties is you retain the copyright for your music. The company offers you the money you need, in the beginning. There is no requirement to sign-off the rights to your music, plus Sound Royalties uses a non-credit structured financing system, so that you don't have to concern yourself with such things as having horrible credit or being forced to hand over the proper rights to the music. This might be one of several things that make Sound Royalties standout from the crowd.
You Could Make Money Via Referrals
In the event that you genuinely wish to make a lot of money with Sound Royalties, you'll be able to refer people to them. If ever the company eventually ends up working together with the artist you refer directly to them, they're going to give you a refer a friend fee. The amount you're going to be paid depends upon various factors, however the most you can be paid is $25,000, which happens to be extremely reasonable. This just shows you that Sound Royalties is intent on putting artists first.
Some Other Benefits
There's a lot of other good things which can be said about the business, such as quickness. Sound Royalties can provide you with funding in no time and they can extend added funds in financing- as high as $10M. Not just that, however their programs are targeted at artists who earn no less than $5k annually in royalties, which really isn't a lot. Now let's not forget to say that the business commonly finds unpaid royalties, which include both international royalties and digital royalties therefore the funds that are used to invest in 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 web site and fill out an application.