10 Steps to Setting Up Your Publishing Company with ASCAP
With the suspension of the ASCAP application fee starting February 13, 2023, it’s the perfect time to launch your career in music by setting up your own publishing company.
This creates an opportunity for every dedicated music creator to step forward and claim their due share. Harnessing these opportunities is key to thriving in our dynamic industry.
Follow these 10 steps to join ASCAP as a writer and publisher and start earning royalties for your work:
The Mechanical Licensing Committee (MLC) has observed an impressive increase in royalties. Digital services paid roughly $675 million in 2021 and about $740 million in 2022, bringing the total to a staggering $1.415 billion, as estimated by Billboard. Interestingly, about 16% of these royalties, which equates to just over $225 million, remain unclaimed or unmatched.
Follow these 10 steps to join ASCAP as a writer and publisher and start earning royalties for your work:
Allow yourself about 1.5 hours to go through the process, take breaks, and if you need help with research or have questions feel free to contact us at RAOM Studio.
The future of audio, with all its potential and promise, eagerly awaits those ready to tap into its resonance.