Sound Royalties is a company that helps musicians and songwriters, and also other music professionals have the funds they need to continue to earn a living. Simply speaking, in the event that you receive Music Royalties but some of those royalties will not are available for awhile, then Sound Royalties will provide you with an advance right before you pay them back using your Music Royalties. Having said that, here are a few of the top 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 the 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 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 specifically for the following year if your performance period had been 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 little bit of time. That is 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 retain the copyright to the music. The business gives you the money you need, in the beginning. There is no need 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 bad credit or being forced to give up the proper rights to your music. It is one of many things that make Sound Royalties standout of this crowd.
You May Make Money Thru Referrals
If you really need to make big money with Sound Royalties, then you can refer folks to them. If the company ultimately ends up working with the artist you send to them, they will certainly provide you with a refer a friend fee. The total amount you're going to be paid is determined by 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 that may be said about the business, such as for example speed. Sound Royalties can offer you with funding in no time and they will extend additional funds in financing- as high as $10M. Not only that, however their programs are aimed at artists who earn no less than $5k per year in royalties, which isn't a great deal. Let's keep in mind to mention that the business frequently finds unpaid royalties, which include both international royalties as well as digital royalties therefore the funds which 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 need to do now is head to Sound Royalties website and submit an application.