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Royalties

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Sterix

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« on: December 23, 2021, 10:59:38 PM »
So, as many of you know, I've been writing lyrics for a couple of bands (the singer is the same for both bands which helps in the contact department). As this was my first forray into the world of properly writing lyrics for other people (this forum excepted) I was treating it as both a learning exercise and an ego trip.
Then I get a message yesterday from the singer. The second band did an EP and now they're looking to register it with something called SGAE - a Spanish "collecting society". They've also discussed offering me a percentage of "author rights".
Apparently I would need to become a member of something called PPL (he wasn't 100% sure himself), although I'm unsure as to why. It may have got lost in translation (and, again, the singer wasn't 100% sure himself) but he thinks it's something to do with receiving the royalties.
I tried Googling this myself but all I got was an headache!
Anyone here famiar with this type of stuff can maybe explain it to me how it works (in really basic English!)? I'm not sure if I'm explaining myself too clearly but I do want to make clear that the bands and I have a really good connection together so I know they're not trying to screw me over (and to be honest, money was the last thing on my mind with this). But I do want to protect myself and make sure it's not going to be a case of me paying out more money than I'll get out of it (money's tight and I don't hold the purse strings in my household - even my wage goes into my wife's account so it's not a case of not wanting to but a case of fiscal reality!).
At the moment it's one EP but the other band are releasing an album around February/March time.

Boydie

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« Reply #1 on: December 24, 2021, 12:02:13 PM »
This is all very exciting @Sterix - and it is great that you are treating it as a learning curve and not being “precious” and protective, which (IMHO) is EXACTLY the right thing to do

In very basic terms there are 2 types of royalties - “performance” royalties owed if your music is performed live, played in open spaces (shops etc.), played on the TV, or broadcast on the radio

Then there is the “mechanical” royalty owed from recordings - downloads, CD sales etc.

There is also clearly a massive overlap between the 2

I think the key part of your question is:

Quote
But I do want to protect myself and make sure it's not going to be a case of me paying out more money than I'll get out of it (money's tight and I don't hold the purse strings in my household

In the UK you would need to join an organisation called the Performing Rights Society (PRS for Music), as a writer, which is a one off fee of £100 and covers the performance royalties

You would also need to join the MCPS as a writer to protect (collect and pay you) the “mechanical” royalties, which is an additional £100

So a “one off” £200 investment

To be brutally honest - it is unlikely you would recoup this in royalties any time soon - but it may be worth doing to cement your status and have an opportunity to frame that first royalty cheque for a few pence! - and it is a one off cost so doing it now means it will last and be in place for the future

Other countries have different organisations - but the PRS has a strong global network

I would suggest having a look on their website and perhaps contact them for some guidance
To check out my music please visit:

http://soundcloud.com/boydiemusic

Twitter: https://twitter.com/BoydieMusic

PaulAds

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« Reply #2 on: December 24, 2021, 05:30:15 PM »
Good luck 😀

It’s a nice bit of recognition anyway. I don’t know if I’d drop £100 or more on the off-chance.

I once invested around £2.50 on a dozen stamps to send demos away and in return received this lovely photo montage that I can frame and hang on the wall.



Lousiest investment I ever made 😀

Sterix

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« Reply #3 on: December 24, 2021, 10:46:03 PM »
Thanks for the info. I was trying to Google it but I couldn't wrap my head around it.

I'll have to give it some good, hard thought.

I can't afford that layout at the moment - there are too many priorities for when we have that kind of "spare" money (half the kitchen appliances need replacing for a start!).

At the moment, it's one EP's worth of "royalties". Early next year that should include the album I spent nearly 3 years working on! Eventually the EP will go on to become an album too. Beyond that... well who knows? I'm hoping to find other artists who would be interested in my tallents and I'll start persuing some avenues in the new year.

So I'm approaching this from both a short-term perspective and a longer one.

Yes, some long, hard thought needed.