No, it's not!
No - having your own 'personal publishing entity' is not the same as having a publisher or working with a publisher, like Songtrust.
If you create your own publishing entity through your local Performing Rights Organization (PRO), your personal publishing entity will only receive your share of publishing royalties generated from public performances and broadcasts within your local territory.
Your own publishing entity cannot collect mechanical royalties for you (for example, in the USA mechanical royalties are paid directly to publishers, not PROs) nor can that entity collect performance royalties generated outside of your home territory. Currently the easiest way to get those royalties is to sign up with a publisher, like Songtrust!
Don't know when is the right time to get signed up with a publisher? Check out our tips on how to figure out when you should set up your own publishing entity or work with a publisher like Songtrust.
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