Music publishers are responsible for these basic areas:
ü Song Registration (ASCAP, BMI, or PRS)
ü Licensing
ü Royalty Collection
ü Creative Services
ASCAP (www.ascap.com) who is incorporated with BMI (www.bmi.com) are American performing rights societies, while Performing Right Society (www.prs.co.uk) is the equivalent in the U.K (United Kingdom).
The services include:
· Monitoring
· Collecting
· Paying our performance royalties to publisher and songwriters
Whenever a song is played on the radio or TV the networks pay millions of dollars each year to ASCAP, BMI, and PRS for a “blanket license, which allows the to broadcast any song they wish as many times as they like. Once a publisher registers your music, the performing rights societies will pay out the performance royalties directly to the publisher and songwriters. A publisher can also help a songwriter choose to affiliate and register work within a society in the U.S or U.K to look out for your best interest.
Performing Rights/Royalties
The societies will pay equal shares of the performance royalties they receive to the songwriter and publisher. A songwriter has several types of royalties that they can potentially earn. A songwriter can get royalties when a song is included on another artist’s album that is commercially released in retail stores or made available online for downloading. These are called “mechanical royalties.”
Mechanical Royalties are given during the second phase of publishing, which is licensing. The procedures are different in the U.S and U.K. In the United States before mechanical royalties can’t be paid out unless your song is licensed to the record label you are reaching out to. Thereafter the publisher issues a license to the record label, which allows the song to be included and sold on a particular album. The record company will pay out royalties according to how many copies of the album are sold. In the U.K, the record label which releases the albums in the U.K does not pay the publisher directly as they do in the U.S. Instead the record company label pays the (MCPS), Mechanical Copyright Protection Society (www.mcps.co.uk), they can collect mechanical income from sales in the U.K.
(HFA) The Harry Fox Agency is also an organization that deals with the licensing and collection of mechanical royalties. For a commission, the HFA can collect mechanical royalties via record sales throughout the world. The HFA is an optional service as publishers have the ability to collect mechanical royalties without the aid of HFA. New Technology and licensing of revenue streams such as ringtones- songwriters must have a publisher issue a separate license for ringtone use. USA publishers will issue a license to a phone carriers like Verizon and Sprint, for example. Income is 10 cents for 100 percent of the copyright in both the U.S and the U.K.
I hope this blog is informative and helpful for all. The website link is posted below for further rerference.