Can You Start Your Own Music Publishing Company
And if youre an indie author whos learning the self-publishing ropes you might be wondering if you should start your own publishing business as opposed to just doing everything under your own name. And while it sounds complicated a publishing company can simply be a simple administrative way to organize your songs and farm the licensing work out to Performing Rights Organizations.
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Self-publishing your music isnt as hard as you might think.
Can you start your own music publishing company. How to self-publish music. That said many artists choose to start a publishing company on their own early in their career to get control of their music catalogue. Naturally it takes a little bit of time and extra work and there is paperwork and fees to manage but for those willing to.
There are a lot of great reasons to start your own publishing company and Ive listed a few of them below. The tough part is taking on the actual role of a publisher. There are few scenarios that might indicate that the time is right.
It starts with the completion of some simple paperwork. In fact quite the opposite. Three Reasons to Start an Independent Publishing Company.
Count on approximately five weeks to get approval. Regardless of whether your goal is to publish your own songsor those written by othersthe process of opening a music publishing company is easy. Well on the surface level at least it means that if you were playing with the idea of starting a music publishing company now would be a good time to do it.
Make sure your music hasnt been published yet. When you start an independent publishing company you can then register your ISBN with your company name as the publisher. The societies will not let you use the same or similar name as another publishing company so you have to clear the name with them first.
Promoting your music connecting with recording artists and maximizing your royalty cashflows. Other individuals start music publishing companies in order to represent songs and compositions written by writers other than themselves. 1 It looks more professional.
Affiliate your company with ASCAP or BMI. If youve ever watched the reality show Shark Tank you may have found yourself daydreaming about starting your own business. Forming your own publishing company allows you to take complete control of how when and where your music can earn money for you.
For producers artists songwriters and industrious music-lovers owning your own music publishing company might seem a. However keep in mind as you read that we arent suggesting you quit your day job and become a publisher overnight. If you find yourself licensing music internationally entering a sub-publishing deal with a foreign publisher or being offered a co-publishing deal from a third party publisher the time is right to incorporate your own publishing entity.
How to Set Up a Music Publishing Company 1. It just requires registering as a publisher with a PRO.
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