There is no exact timeframe in a your career or set requirements you need to meet before you can register with a publisher like Doite Media or start your own Publishing Company. However, there are a few things we recommend keeping in mind when deciding if it is the right time for you to get setup with a publisher and/or create your own publishing entity.
The first thing to
consider is if you plan on or have already released your original compositions
for public consumption on services like Spotify, iTunes, Tidal, etc. Anytime
your music is played on these services, you have the potential to not only earn
money on behalf of the recording but also on behalf of the underlying
composition (these are known as mechanical royalties) ! If your songs are
generating a lot of traction on these services, you definitely will want to get
setup with a publisher like Doite Media, as mechanical royalties generated in
the USA do not go through your local PRO, so to collect those royalties you
have to have a publisher, like Doite Media, collect them on your behalf so that
they then can be allocated back to you. Getting setup with a publisher at this
point will help make sure you are collecting all of your hard earned royalties,
and not just what is being generated on behalf of the sound recording.
The second thing is to consider is if you are performing any of your works publicly. Anytime you perform your works publicly, you earn performance royalties, and if you own your copyright, you are entitled to both a writer’s share of earnings (which is paid to you by your PRO directly) and also the publisher’s share (which is paid to a company like Doite Media or to your own Publishing entity, who then must allocate it back to the writers). However, it is also important to consider where you are performing – if you are only performing your works domestically, then registering with your local PRO might be enough. For example, BMI will pay you both your writers and publisher share of performance royalties even if you don’t have your own publishing entity set up!
Another thing to consider is exactly where your songs are being played. If your songs are being played outside of your home territories, you definitely will want to work with a publisher that has direct affiliations with those territories so you can also collect those royalties as well. Your local PRO won’t be able to help you collect royalties generated outside of your home territory. The last thing to consider, is, even though you may have met some or all of the 3 criteria’s above, how much money do you think your songs will actually generate? Starting your own publishing company or registering for a service like Doite Media, isn’t free, so its important to think about whether or not you will recoup your original investment into such services.