Start a Music Production Company: Build an LLC pt3

Notes

this will set you up for the quarter million club

beats you sold and own
holds ownership of master / publishing
- record / streaming royalties
publishing DBA (doing business as)
- publishing royalties (all revenue is passed through to a record company)

Doing Business As refers to an alternate business name under which a company operates, rather than using its legal name
used by songwriters, composers and independent music publishers who want to register under a specific business name for publishing rights and royalty collection instead of using their personal name or their company's formal legal name

Brand identiy
- operate under a distinct name
- brand recognition
PRO Registeration (Performance Rights Organization)
- ASCAP BMI, SESAC require publishers to register under a unique publishing entity name to collect royalties
- many independent songwriters use a DBA to create their own publshing company under a PRO
Legal & Business Structure
- allows someone to do business as teh same legal entity under a different name
- used for sole properietorships or LLCs that need a distinct publishing identity
Contracts & Licensing
- can be used to sign contracts, license music and register copyrights under a professional name

collects and distributes performance royalties when the music is publicly performed

collect royalties
- radio
- tv
- streaming services
- live venues
- bars
- clubs
- public spaces
distribute royalties
- based on share of ownership in the song
issue licenses to play copyrighted music
- radio stations
- streaming platforms
- restaurants
- event venues
track music usage
- radio
- tv
- live performances
- digital streaming
- background music in public places

place to handle everything for the road up to 50k a year
- touring
- merchandise
- brand endorsements
  - sponsorships