Sound Royalties is a business that can help musicians as well as songwriters, as well as other music professionals receive the funds they have to continue to make a living. In short, if you collect Music Royalties but those royalties will not come for a little while, then Sound Royalties provides you with an advance before you have to pay them back utilizing your Music Royalties. With that said, here are some of the most popular things about Sound Royalties.
Get Money Without Any Hassle
One of the greatest reasons for having Sound Royalties is they make it easy to have your royalties ahead of time, or at the least a good percentage of them. The business supports members of various organizations/labels, such as BMI, Ascap and Sony-ATV to name a few. As for when you're getting paid this will depend, but a good example is Ascap royalty distribution dates are disbursed 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 had been 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 add up. They offer funding somewhere between $5,000 to $25,000, and financing can be closed within just a few days.
Retain The Copyright
Another plus side to Sound Royalties is you keep the copyright to your music. The organization provides you with the cash you want, upfront. There is no requirement 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 having to give up the proper rights to your music. This is one of many things that make Sound Royalties standout from the crowd.
You Possibly Can Make Money Via Referrals
In the event that you actually want to make a ton of money with Sound Royalties, you'll be able to refer people to them. If, for example the company ends up working together with the artist you refer directly to them, they are 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 dedicated to putting artists first.
Some Other Benefits
There's lots of other good things which can be said in regards to the business, such as for instance quickness. Sound Royalties can provide you with funding right away and they can extend additional funds in financing- up to $10M. Not only this, however their programs are aimed at artists who earn no less than $5k per year in royalties, which is not a great deal. Let's keep in mind to mention that the organization frequently locates unpaid royalties, which includes both international royalties and also digital royalties and the funds that happen to be used to fund your financial transactions are funds that are part of Sound Royalties.
Now you have knowledge of Ascap royalty distribution dates. You also understand why Sound Royalties is a good company to use. All you need to do now is head to Sound Royalties website and fill out an application.