The Real Costs of Music Publishing
Let’s talk about running a music publishing company. Whether you are just starting, or operating a publisher as we speak, it is important to know when and why to spend money.
Here are some estimates of what it takes to start and operate your own music publisher:
*Includes health benefits **maintenance and hosting fees
***Yearly retainer, yearly company registration fees, various entity taxes, yearly affiliation fees.
****Postage, Equipment, Incidentals, Misc. Note: These are all rough estimates.
Now what if someone told you that you can accomplish all of the same goals you had in mind for your company and you would spend significantly less time and money doing so? In fact, you wouldn’t have to do any of the administrative work, and you could focus more on the creative direction or on the aspects of your company that make it unique and successful. Does this sound too good to be true? It’s not. Songtrust powers 13,000 publishing companys’ administration. We’ve done the work for you, and are providing global publishing administration at a price that will save you money.
Let’s take a step further and map out a 5-year trajectory for your music publishing company. You will see that Songtrust’s admin services eliminate set-up and recurring costs, saving you an average of $48,590/year. We are using estimated royalty earnings and the conservative cost estimates here:
Songtrust specializes in thorough and extensive publishing administration. We stay up to date with the changing landscape of publishing, and always look out for our clients and partners. Let us worry about the costs and complications for you, and save yourself some time and money. If you’d like to learn more, visit our website here.
Note: If you’d like to check our work, click here.