If you affiliated yourself as a writer with your PRO, you may have noticed that you have the option to affiliate as a publisher as well. As a publisher, you may want to set up your own publishing entity with your PRO. A “personal publishing entity” is just a name you assign to the publishing “company” you already “own” as a publisher of your works, and affiliate with your PRO just like you affiliate yourself as a writer. There are a few reasons to create a personal publishing entity, and a few key things to note when you’re deciding whether or not doing so is right for you.
If you are using Songtrust, it is not necessary to create your own personal publishing entity. Songtrust will act as your publisher if you do not have one. However, if you do decide you want one, the following things should be taken into consideration:
If you want to be a publisher on behalf of writers other than yourself, you will need to have your own publishing entity/entities in order to collect the publisher’s share on behalf of those writers (again. this is something that Is not necessary with Songtrust, as we do this on your behalf).
Songtrust does not affiliate publishing companies, so this is something you would need to do outside of the Songtrust account. If you do end up getting one, please let us know in the chat box so we can get it connected properly to your account. If you are using Songtrust, setting up your own personal publishing entity will not increase the amount of royalties you will collect.
You can learn more about this in this post from our Songtrust blog!