5 Reasons Why You Should Create Your Own Music Publishing Company
Have you ever felt like you’re not getting your fair share from your music? Or maybe you’ve been frustrated with the lack of control
you have over your own creations. If these thoughts have crossed your mind, it might be time to consider starting your own music publishing company.
Here’s why taking this step could be a game-changer for your music career:
Complete Control Over Your Music
One of the biggest advantages of starting your own music publishing company is the complete control it gives you over your music. When you own your publishing company, you make all the decisions about how your music is used, where it’s placed, and how it’s marketed. No more waiting for someone else to decide if your song fits a particular project – you get to be the boss of your music.
For example, remember when Prince famously changed his name to an unpronounceable symbol to take back control of his music? While you might not need to go to such extremes, owning your publishing rights gives you complete control of your music and how it’s used, something many musicians have historically fought for.
Maximizing Earnings
Money isn’t everything, but let’s be honest – it’s pretty important. By owning your music publishing company, you can maximize your earnings. Instead of sharing your royalties with a publisher, you keep a larger slice of the pie. Plus, you have the flexibility to negotiate better deals and explore multiple revenue streams.
Think about it this way – every time your song is played on
the radio, streamed online, or used in a commercial, royalties are generated. If you’re the publisher, a significant portion of those royalties goes directly into your pocket.
Flexibility and Freedom
With your own publishing company, you have the flexibility to make decisions that align with your vision and
goals. Want to experiment with a new genre? Go for it. Interested in licensing your music for indie films? You can do that too. The freedom to pursue opportunities that excite you without waiting for approval from others is incredibly empowering.
Traditional publishing deals often come with strings attached – you might be locked into a certain style or have limited say in how your music is used. With your own company,
you’re free to chart your own course.
Building Your Brand
In today’s music industry, personal branding is crucial. Your brand is more than just your music – it’s your image, your story, and how you connect with your audience. Owning your publishing company allows you to build and control your brand more
effectively. You can create a cohesive strategy that reflects who you are as an artist.
For example, look at artists like Taylor Swift and Chance the Rapper, who have built strong personal brands by maintaining control over their music and how it’s presented. Your publishing company can be a key part of your brand’s identity and will allow you to retain complete control over how your music is used.
Long-term Career Growth
Starting your own music publishing company isn’t just about immediate gains – it’s about setting yourself up for long-term success. As your catalog grows, so do your opportunities. You can build a valuable asset that generates income for years to come, and even expand into other areas of the
industry.
Think of your publishing company as a foundation for future growth. You might start with a few songs, but over time, you can sign other artists, collaborate on new projects, and explore new markets. The possibilities are endless.
Conclusion
So, what’s stopping you? Starting your own music publishing company might seem daunting, but with the right knowledge and tools, it’s absolutely achievable. If you’re ready to take control of your music career, maximize your earnings, and build a lasting legacy, now is the time to make your move.
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