Who collects the royalties?
Royalties are collected and periodically distributed by public and/or private intermediaries called royalty distributors.
These entities are entitled to collect specific types of royalties on behalf of the music rights holders and periodically distribute them according to the agreements in place with the original rights holders. They can include:
- National Collective Management Organisations (CMOs): such as SACEM (Société des Auteurs, Compositeurs et Éditeurs de Musique) or SIAE (Società Italiana degli Autori ed Editori);
- Performing Rights Organizations (PROs): such as ASCAP (American Society of Composers, Authors and Publishers), BMI (Broadcast Music Inc.), or STIM (Svenska Tonsättares Internationella Musikbyrå);
- Record labels: such as Universal Music Group or Sony Music;
- Publishers: such as Sony Music Publishing or Warner Chappell;
When a music rights holder lists their music catalogue on the ANote Music platform, we take care of communicating with the royalty distributors involved in the collection of royalties for the catalogue to redirect the listed percentage of royalty payments to ANote Music. Upon receiving the royalties, we issue a payout to the investors holding shares in the catalogue.
For each catalogue, you can find information about the distributors involved in the royalty collection and their frequency of distribution in the “Historical royalties” section of the catalogue page.
For more details and questions, contact our team at the email address support@anotemusic.com.