Can IC handle publishing royalties?
The short answer is, yes!
The longer answer is, we're better for certain types of publishers than others.
Publishing companies tend to take two distinct forms:
- Publishers that work directly with Performing Rights Organizations (PROs) and other rights organizations around the world, registering songwriters/song splits with, and collecting royalties from, each rights organization around the world. This is a lot of work.
- Publishers that use a 3rd party admin (like a larger publisher) or platform (like Songtrust/Kobalt) to register works/song splits with, and collect royalties from, all those right organizations on their behalf. This trades the most of the above work for a percentage of revenue (typically ~10-15%).
Both types need to regularly account publishing royalties according to their deals with songwriters (e.g. 85% for Performance, 75% for sync, 80% for mechanicals etc).
Infinite Catalog is typically an excellent solution for publishers that use a 3rd party admin! These publishers register songwriters and song splits via their admin, leaving only the royalty accounting aspect left to be sorted, which aligns with our focus at IC.
Publishers that work directly with PROs may want their royalty accounting solution to also handle additional, related-but-not-really-royalty-accounting features like CWR (Common Works Registration) delivery. We stay focused on the royalty accounting at IC, so they're not something we currently offer.
If you're not using a 3rd party administrator but would like to, you can find a list of publishing administrators in our Industry Directory. Tell 'em IC sent you!