Self-publishing in the business of music is often used by composers, songwriters and music producers that want to set up their own independent music publishing company for the purpose of administering their music catalogs and music publishing copyrights.
The most challenging aspect of embarking on the self-publishing route is that it requires extensive knowledge about music publishing deals, and not only that but financial resources to hire staff and legal fees of making sure the music publishing catalog is compensated as it should.
Now in the practical world most songwriters and music producers when they get up and running in the business of music they will be clueless how music publishing actually works. This right here is what makes it difficult for them to start their own music publishing company.
So as such many songwriters and music producers opt to settle for co-publishing deals were the a music publishing company takes care of the music publishing administration on behalf of their clients.
When Should You Take the Self-Publishing Route as a Musician
Self-publishing usually makes sense when an artist is independent and not signed or affiliated with a major record label. So as musician if you own your record label and finance your entire project from start to finish then it would perhaps be more beneficial for you to take a step further to set up your own music publishing company to administer you music publishing copyrights.
However, please note that music publishing is not a smooth road because you will certainly come across many challenges along the way. You better brace yourself and develop a strong sense of business acumen to deal with issues concerning publishing royalties because if you don’t you will not get the money that is due to you.
It takes a great creative effort as a musician to make a living off music and you shouldn’t let other people deter you from achieving your goals. As a result you are better off hiring an entertainment lawyer to clear things up so as to relieve yourself from being confounded by the business of music and the world of music publishing.