For musicians, the thrill of live performances is not just about the applause or the adrenaline rush; it’s also a potential source of revenue through royalties. Yes, you read that right! Your live performances can earn you royalties, but this requires you to report these performances to the relevant organizations. This course aims to guide musicians through the process of reporting live performances to ensure they receive the royalties they deserve.
Table of Contents
Understanding Performance Royalties
Firstly, it’s important to understand what performance royalties are. These are royalties earned when your music is performed publicly, which includes live performances in venues like concert halls, bars, clubs, and even outdoor festivals. These royalties are collected by Performing Rights Organizations (PROs) like ASCAP, BMI, SESAC (in the U.S.), SOCAN (in Canada), or PRS for Music (in the UK).
How to Report Live Performances
1. Register with a PRO
- Before you can report performances and collect royalties, you need to be a member of a PRO. Each PRO has its own membership process, so choose one that aligns best with your needs and location.
2. Understand Your PRO’s Reporting Process
- Each PRO has its own system for reporting live performances. Familiarize yourself with your chosen PRO’s process, which is typically outlined on their website.
3. Gather Necessary Information
- When reporting a performance, you’ll need details like the date of the performance, venue name, setlist (the songs performed), and the duration of each song.
4. Submit Performance Reports
- Submit your performance report through the PRO’s online portal. Some PROs allow you to submit reports via mail or email, but online submission is usually the fastest and easiest way.
5. Keep Track of Your Performances
- Maintain a record of all your performances, including setlists and venues. This will make the reporting process more manageable and ensure you don’t miss out on any royalties.
Best Practices for Reporting Live Performances
1. Report Promptly
- Submit your performance reports as soon as possible after the event. Waiting too long might make you ineligible to collect royalties for that performance.
2. Be Accurate and Thorough
- Ensure all the information you provide is accurate. Inaccuracies can delay or even prevent you from receiving royalties.
3. Understand the Timeframe for Royalty Payments
- Royalties are not paid immediately. It can take several months after reporting your performance before you see royalties.
4. Use Technology to Your Advantage
- Leverage apps and software designed for setlist creation and performance tracking. Some apps even integrate directly with PROs to streamline the reporting process.
Conclusion
Reporting your live performances is a crucial step in ensuring you receive all the royalties you’re entitled to as a musician. While the process might seem a bit tedious, it’s a worthwhile effort, especially when those royalty checks start coming in. Remember, every performance is not just an opportunity to connect with your audience; it’s also a potential revenue stream. By diligently reporting your performances to your PRO, you’re not only safeguarding your rights but also adding a valuable income stream to your music career.
