It's a great decision to be affiliated with a performing rights society, but it's not enough to cover all the potential income streams. If you don't have a publishing administrator, you're likely missing out on publishing income.
Collecting royalties for the songs you've written is a different source of revenue than the royalties paid for the recordings you distribute through UniteSync. It can be a complicated process to ensure that every cent is collected and no publishing royalties are left on the table, which is where we can help.
Performance royalties are only one revenue stream derived from the composition that performing rights organizations like ASCAP, BMI, or SESAC collect. Although they cover live performance, television, radio airplay, digital radio, satellite radio, and part of the interactive streaming revenue from platforms like Spotify, Apple Music, and YouTube, they don't include mechanical royalties derived from interactive streaming or digital downloads. As much as 50 - 71% of publishing revenue can be missed out on by not collecting these royalties.
Having both a performing rights organization and a publishing administrator is necessary to ensure that you're not losing money. Although ASCAP and BMI collect some publishing income, they don't collect all of it. This means you're missing out on most of your publishing income every time your song is streamed on Spotify, for example. A publishing administrator works with your PRO to maximize performance royalties globally and collects important royalty sources such as mechanical royalties.
This information is focused on the United States market, where there are no reciprocal agreements in place for mechanical royalties in the US and Canada. While rules and regulations may differ for societies outside of the US, it's important to have a publishing administrator to ensure that all potential income streams are being collected.
