Sound Royalties is an organization that helps musicians and/or songwriters, along with other music professionals get the funds they need to continue to make money. In a nutshell, if you collect Ascap Royalty Distribution Dates however those royalties won't 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, below are a few of the main things about Sound Royalties.
Get Money Without Any Hassle
One of the better things about Sound Royalties is they can make it easy to have your royalties in advance, or at least a pretty good part of them. The company supports people in different organizations/labels, including BMI, Ascap and Sony-ATV to name a few. In terms of when you get 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 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 bit of time. This might be why utilizing Sound Royalties make sense. They offer funding somewhere between $5,000 to $25,000, and financing can be closed within a couple of 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 certainly no reason to sign off the rights to one's music, and Sound Royalties utilizes a non-credit based financing system, so you don't need to be worried about things such as having awful credit or having to give-up the rights to all your music. This really is one of the items that make Sound Royalties standout of the crowd.
You Can Make Money Through Referrals
If you really need to make lots of money with Sound Royalties, then you can certainly refer folks to them. If the company eventually 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'll be paid is dependent on various factors, nevertheless the most you will be paid is $25,000, and that is extremely reasonable. This just demonstrates to you that Sound Royalties is serious about putting musicians and artists first.
There are many other good stuff that can be said regarding the business, such as for instance quickness. Sound Royalties can provide you with funding right away and they can extend added funds in financing- up to $10M. Not only this, but their programs are geared towards artists who earn a minimum of $5k every year in royalties, which isnt a great deal. Let's keep in mind to mention 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 website and fill out an application.