Maximize Your Royalty Collection with NMLS: A Comprehensive Solution
The majority of artists, songwriters, and musicians are not collecting all the royalties they are owed from their music. This is often due to the complex and time-consuming process of collecting royalties from various sources, both domestic and international. NMLS offers a comprehensive publishing administration solution to ensure you collect all your royalties and focus on your creativity. In this article, we will discuss the types of royalties, the challenges artists face, and how NMLS can help you maximize your royalty collection.
Performance royalties are earned when a song is publicly performed, such as on TV shows, commercials, music venues, or even in a grocery store. Performing Rights Organizations (PROs) like ASCAP, BMI, and SESAC handle the collection and distribution of performance royalties.
Mechanical royalties are earned from streams and sales of recorded music for songwriters and publishers. These royalties account for about half of all songwriter royalties from streams.
Challenges Artists Face:
Collecting royalties often requires signing up with multiple organizations, such as a PRO and the Mechanical Licensing Collective (MLC). Moreover, tracking international royalties adds another layer of complexity, making the process overwhelming for many artists.
Without a comprehensive solution, artists may miss out on royalties, especially international ones. This can lead to lost earnings and frustration.
How NMLS Can Help Maximize Your Royalty Collection:
NMLS is a subsidiary of NAYMLIS Inc, a distributor and publishing administrator that collects both performance and mechanical royalties from DSPs worldwide on behalf of artists. By working with NMLS, you can enjoy the following benefits:
Please be aware that NMLS charges a 15% fee on royalties collected through our publishing administration services, enabling us to maintain high-quality support and maximize your earning potential.
Other Options to Consider:
Songtrust is a popular publishing administrator that collects performance and mechanical royalties globally. While it offers many of the same benefits as NMLS, it has a $100 enrollment fee, which might be a deterrent for some artists, especially those with limited budgets or lower streaming numbers.
TuneCore Publishing, an extension of the well-known digital distribution platform TuneCore, provides royalty collection services to artists. However, to access their publishing administration services, you must also use TuneCore for distribution, which might not be the best fit for every artist. (What sets our distribution apart from the rest)
Similar to TuneCore Publishing, CD Baby Pro Publishing is an additional service offered by the CD Baby distribution platform. While it offers royalty collection services, artists must distribute their music through CD Baby, which may not suit those who prefer using other distribution platforms such as NAYMLIS.
Sentric Music is a publishing administrator that collects royalties for artists worldwide. However, it might not be the most suitable option for independent or emerging artists, as Sentric mainly focuses on established artists or those with higher streaming numbers.
Kobalt is a prominent publishing administrator that offers comprehensive royalty collection services. Nonetheless, Kobalt's selective approach in working with artists might be discouraging for many, as they often prioritize signing deals with high-profile or well-established acts.
While these alternatives to NMLS provide similar royalty collection services, each comes with its own set of limitations or requirements that might not suit every artist's needs. In contrast, NMLS offers a transparent and accessible solution with a reasonable commission, catering to artists at various stages of their careers.
