Sound Royalties is an organization that will help musicians and/or songwriters, and also other music professionals get 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 just before you pay them back with your Music Royalties. Having said that, below are a few of the main 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, 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 little bit of time. This is certainly why using Sound Royalties make sense. They provide funding between $5,000 up to $25,000, and financing could be closed within a matter of days.
Keep The Copyright
Another good thing about Sound Royalties is you keep the copyright for your music. The company offers you the cash you want, in the beginning. 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 the music. It 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 serious cash with Sound Royalties, you'll be able to refer men and women to them. If, for example the company ends up dealing with the artist you refer directly to them, they will present you with a referral fee. The amount of money you will be paid depends on numerous factors, but the most you may be paid is $25,000, which is incredibly generous. This just tells you that Sound Royalties is seriously interested in putting musicians and artists first.
Other Added Benefits
There are lots of other good stuff that can be said with regards to the company, such as for example speed. Sound Royalties can offer you with funding very quickly and they will extend additional funds in financing- up to $10M. Not only that, but their programs are geared towards artists who earn a minimum of $5k a 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 belong to Sound Royalties.
So now you are familiar with Ascap royalty distribution dates. In addition understand why Sound Royalties is a good company to utilize. All you have to do will now be to head to Sound Royalties web site and fill out an application.