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First Songtrust Royalty Checks are in the Mail!

Songtrust first checks
Jane Park (Community Manager), Ryan Brodhead (Royalty Collection Hero) and Joe Conyers III (Product Manager) show off the first Songtrust checks.

 

The first royalty checks for Songtrust clients are in the mail! 100% of all royalties from ASCAP, BMI & SESAC have been passed on to our community of songwriters.

Having launched in early 2011, we’ve been excited to send out our first round of royalties to clients. We’re also currently awaiting royalties from other collection agencies such as the Harry Fox Agency, CMRRA and Music Reports.

We’re looking forward to sending out more checks soon!

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4 thoughts on “First Songtrust Royalty Checks are in the Mail!

  1. Nice job, ST!
    Can you tell me how much Pandora pays in publishing to BMI/ASCAP/SESAC per stream? Is it a statutory rate per stream or a blanket license?

    I’ve been trying to find this info, but all I see is the statutory rate they pay SoundExchange for sound recordings.

    Thanks

    1. Hey Lucas – thanks for the question!  Pandora has licensing agreements set up with the Performance Rights Organizations (ASCAP/BMI/SESAC) and those license fees do get paid out to the writers and publishers.  We know this because we’ve received and distributed performance royalties to our writers, collected by the PRO’s, for performances on Pandora. 

      What we don’t know, is the exact licensing terms and agreements that each individual society has agreed to with Pandora.  While it would make sense that the structure for Pandora’s model would include a blanket license, we simply can’t confirm this because we don’t know the specific terms ASCAP, BMI and SESAC reached.  Nevertheless, Pandora does have licensing agreements with each PRO, and the licensing fees that are collected do make their way to the rights-holders of the songs.

      Hope that Helps!

      -Ryan
      Manager, Performance Rights Administration
      Songtrust

  2. So….How Do We Know If We’re Receiving One?!?

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