A common misunderstanding in the music business is that being part of a performing rights organization (PRO) like ASCAP or BMI makes a publishing administrator unnecessary.
However, this is far from true. The fact is, PROs and publishing administrators are different and have distinct tasks, but they both work together to ensure songwriters get paid. Both are essential for a songwriter’s career.
Before we continue, it’s important to know that PROs like BMI ASCAP operate as collection societies. Collection societies are broken up into three categories:
Performing Rights Organisation (PRO)
Collective Management Organisation (CMO)
Mechanical Rights Organisation (MRO)
It’s important to know that publishing income comes from various royalty streams, and different organisations collect these royalties. A PRO collects performance royalties, while an MRO collects mechanical royalties, and a CMO collects both performance and mechanical royalties.
Collection societies are vital because they handle collecting these royalties in each country. Each territory has its society, like BMI ASCAP in USA, SACEM in France, GEMA in Germany, and many others worldwide. Unlike most countries, it has multiple PROs and MROs, such as ASCAP, BMI, SESAC, GMR, MLC, HFA, and MRI.
A publishing administrator like Master Publishing works with these societies to maximize your royalties globally and collect revenue from various sources, including mechanical royalties.
Without a publishing administrator, the process of receiving royalties can be slow and complicated, with money often getting lost along the way. It could take 18 months to several years for the royalties to reach you, if at all.
Master Publishing alongside whit his partners world-leading Rights App Technology, ensures that your songs are registered with the relevant societies worldwide, so you receive your money as quickly as possible. They handle the micropayments from various countries and make sure you get what you rightfully earned from the use of your songs.