Although there are 187 John Smiths at BMI, there is only one with the IPI number 756403242. Think of it as your worldwide, unique identifier. That is where your IPI number comes in handy. What you thought was going to take 20 seconds is going to take 20 minutes. A few days later, you want to make sure it is registered correctly, so you log into BMI's online repertoire and type in "Smith, John." Your name appears, alright. You, John Smith, then write a hit song and register it at BMI. This is referred to as your writer IPI number (IPI standing for Interested Parties Information), and it is significant. If you have affiliated as a writer at a performing rights organization, you may have noticed a nine or ten digit number next to your name. Instead of spending your valuable time attempting the long process of affiliating with each society (not to mention the affiliate fees), Koze will help you collect everything you’re owed minus a commission. Mechanical rights societies like Music Reports and Harry Fox operate independently of the PROs, and collect royalties that are inaccessible until an artist either becomes an affiliate of each of the many global societies, or chooses to work with someone like a publishing administrator, who has those relationships in place already. Mechanical royalties that are generated by streaming services (Spotify), a ‘sync’ of one of your songs on a TV show, film, or commercial, or downloads of your music (iTunes, Amazon), are all examples of royalties that your PRO doesn’t collect for you. In reality, public performance income is just one of several streams of potential revenue that a true publisher or publishing administrator (like Koze) can collect on your behalf. Royalties that fall under this umbrella include radio and TV usages, live shows in a licensed venue, and other types of public performances.Ī lot of musicians sign up for a PRO, create a publishing name, and think that’s all there is to it. Performing rights societies (like BMI, ASCAP, and SESAC) collect royalties for public performance of your compositions. Why use a Publishing Administrator (Pub Admin)?
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |