1- Making sure songwriters gets paid when their composition is used
2- Promoting existing compositions to recording artists, film and television, i.e. finding licensing opportunities
Now why would you want to take on the role of the music publisher for your own music?
The 6 Minute Video Version
The 6 Minute Written Version
Same thing but with written words and links! 🙂
The Pros of Self-Publishing Music
Assuming you write a song yourself, without any co-writers….
If you self-publish, you own 100% of the song’s rights.
It follows that you’re entitled to 100% of the revenue generated by those rights.
As I alluded to in the intro, when you self-publish music, you get to keep all the money from performance royalties when your song plays on the radio or TV.
You also get to keep more money from mechanical royalties and ALL the money related to licensing commissions (when someone else performs your song) and sync fees (when someone wants to use your song in an audiovisual project).
All those revenues streams can really add up.
What about people who own 200% of a song’s rights?
Sometimes people refer to owning 200% of a song’s rights. (That’s how BMI think of writers and publishers’ shares for example)
That’s because they see it as owning 100% of the writer’s share and 100% of the publisher’s share, i.e. 200% in total.
In effect, they are self-publishing and will keep 100% of the revenue generated by the writer’s and publisher’s rights.
By self-publishing your music, you stay in control of where your music goes, what projects it’s associated with.
YOU decide who can use your music in their projects.
You don’t have to trust a third-party music publisher to make the right call for your music career.
You keep more control over your brand basically.
You’re not tied down to a deal.
Music publishing deals are usually exclusive and, when you sign, you usually sign up for a significant amount of time, let’s say 5 years (it can be more, it’s rarely less).
By “significant” I mean enough time that,
If nothing happens during the term of your music publishing agreement, you’re in trouble.
There’s nothing you can do to commercially exploit those songs.
You’re stuck in no man’s land.
That can be incredibly damaging to your music career, especially if you’re not a very prolific songwriter.
When you’re self-publishing music, you’re free to commercially exploit your music catalogue how you see fit (more control) AND….
You don’t have to rely on a third-party music publisher who may or may not put in the work they promised they would.
The Cons of Self-Publishing
Now, that’s not to say that self-publishing is the only way to go.
Self-publishing music is definitely not all rosy and, if you decide to go down that road, you WILL face some challenges.
More Work Prospecting
One thing that serious music publishers have that you don’t is an expertise and a network.
Part of a music publisher’s job is to promote their writers’ compositions to licensing opportunities with recording artists, film and television.
If you decide to publish your own music, you will have to find the time and energy to do all the prospecting and find customers yourself.