Sound Royalties is a business that will help musicians and also songwriters, along with other music professionals receive the funds they have to continue to make a living. In a nutshell, if you collect Music Royalties 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, here are some of the most popular things about Sound Royalties.
Get Money Without Any Hassle
One of the greatest aspects of Sound Royalties is they can make it easy to get your royalties ahead of time, or at the least a good portion of them. The organization supports people in various organizations/labels, such as BMI, Ascap and Sony-ATV to mention a few. As for when you're 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 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. This might be why utilizing Sound Royalties add up. They offer funding somewhere between $5,000 up to $25,000, and financing can be closed within just a few days.
Retain The Copyright
Another good thing about Sound Royalties is you keep the copyright to your music. The organization provides you with the cash you want, upfront. 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 have to be concerned about things like 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 from the crowd.
You Possibly Can Make Money Via Referrals
In the event that you actually want to make a ton of money with Sound Royalties, you'll be able to refer men and women to them. If, for example the company ends up working together with the artist you refer directly to them, they are going to present you with a referral fee. The amount you will be paid depends upon numerous 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 dedicated to putting artists first.
Some Other Benefits
There's lots of other good things which can be said in regards to the business, such as for instance speed. Sound Royalties can offer you with funding very quickly 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 is not a lot. Now let's not forget to say that the company frequently locates unpaid royalties, which includes both international royalties and also digital royalties and also the funds which happen to be used to fund your financial transactions are funds that are part of Sound Royalties.
Now you have knowledge of Ascap royalty distribution dates. In addition, you know why Sound Royalties is an excellent company to use. All you need to do now is head to Sound Royalties website and submit an application.