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Given this info, I have to admit I’m considering switching from ASCAP to BMI. I joined ASCAP due to the lower cost of registering my publishing company. Since BMI is free for writers, would it be viable to switch only my writer affiliation, and leaving the publishing on ASCAP? I haven’t had a placement yet so this won’t affect back catalog.
This would allow me to be paid from BMI as a writer even if ASCAP doesn’t pay on the publishing side for that placement, right?
Also, if a library places me & takes the publisher share this should give me a better chance of getting paid through BMI as a writer, even if ASCAP doesn’t pay publishing, correct?
Any other issues I might have to worry about with a split registration? Thanks.
There’s another option on Soundexchange I have a question on – AHRA Authorization (Home Recording Act). I understand it gets money from a pool somewhere from sales of blank tapes/CDs, etc. Is there any drawback from opting in?
Songtradr is an interesting option you might look into. The Free membership level allows unlimited distribution for one artist, they take 10% of streaming royalties. They have a sync service also, where they take 40% of “net” license fees, but you keep the entire PRO income. They have other monetization programs as well. This would give you a way to get your music out to the streaming services without having to pay anything up front.